US EditionNBA approves sale of Boston Celtics to private equity mogul Bill Chisholm for record $6.1 billion
Bill Chisholm takes over as Celtics governor earlier than planned due to NBA ownership rules after the franchise's $6.1 billion sale, the second-highest NBA team valuation.
- Bill Chisholm's acquisition of the Boston Celtics for a record $6.1 billion has been approved by the NBA, with the sale expected to be completed within the next week.
- Chisholm will become the lead governor of the Celtics, while current governor Wyc Grousbeck will transition to an alternate governor role upon completion of the sale.
- Wyc Grousbeck will retain his CEO title when the sale is finalized, despite initial plans for him to remain as governor until 2028.
- The Celtics have won a record 18 NBA titles and are adjusting their roster significantly while awaiting star player Jayson Tatum's return from injury.
152 Articles
152 Articles
By Federico Leiva, CNN en Español The NBA's most successful franchise of all time, the Boston Celtics, is poised to change hands. The National Basketball Association's (NBA) Board of Governors unanimously approved the sale of the Massachusetts team to a group led by Bill Chisholm on Wednesday. Chisholm and his partners would acquire at least 51% of the Celtics in a deal that values the Celtics at $6.1 billion (the highest amount for any professi…
By Federico Leiva, CNN en Español The NBA's most successful franchise of all time, the Boston Celtics, is poised to change hands. The National Basketball Association's (NBA) Board of Governors unanimously approved the sale of the Massachusetts team to a group led by Bill Chisholm on Wednesday. Chisholm and his partners would acquire at least 51% of the Celtics in a deal that values the Celtics at $6.1 billion (the highest amount for any professi…
The NBA unanimously authorized the sale of the Boston Celtics, one of the most iconic professional basketball teams.The new majority owner is Bill Chisholm, a private investor, who leads a group that will initially assume 51% of the shares.Heung-min Son traded the Premier for the MLS and already beat Lionel Messi in a historic recordThe agreement set a value of $6.1 billion for the franchise.This is the largest financial transaction in the histo…
NBA approves record $6.1 billion sale of Boston Celtics to private equity mogul
The NBA on Wednesday unanimously approved the sale of the Boston Celtics to a group led by private equity mogul Bill Chisholm, a deal that values the franchise at $6.1 billion.The league said the transaction is expected to close shortly. When it does, Chisholm will take ownership of at least 51% of the team, with full control coming by 2028 at a price that could bring the total value to $7.3 billion.That’s the largest price ever paid for an Amer…
The NBA Board of Directors has approved the sale of the Boston Celtics to a group of shareholders led by William Chisholm.
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