The Boston Celtics, one of the most storied franchises in NBA history, have officially been sold in a deal valued at $6.1 billion. The new owner, William Chisholm, takes control of a team with deep roots in basketball culture and a passionate fan base in Boston and beyond.
Who is William Chisholm?
William Chisholm, co-founder of Symphony Technology Group, is no stranger to Boston. A Massachusetts native and Dartmouth College graduate, Chisholm has a background in private equity. He previously worked at Bain & Company, a firm with strong ties to the city.
His lifelong connection to Boston and his deep understanding of business make him a strategic fit for leading the next chapter of the Celtics.
A historic deal for North American Sports
The $6.1 billion purchase of the Celtics makes this the largest sale of a sports franchise in North America, surpassing the $6.05 billion sale of the Washington Commanders. The Celtics, known for their 18 NBA championships, now enter a new era under Chisholm’s ownership.
The Grousbeck family, which has owned the team since 2002, initially purchased the franchise for $360 million. Over two decades, they built a dominant team that reclaimed championship glory. Their decision to sell was announced shortly after the Celtics secured their latest NBA title.
Why are the Boston Celtics being sold?
Details of Chisholm’s vision for the team remain unclear. His leadership comes at a time when the Boston Celtics are competing at the highest level. With a young core and championship aspirations, fans are eager to see if this transition will fuel another dynasty.
The team now sits in second place in the Eastern Conference, right behind the Cleveland Cavaliers, with a strong chance to make a deep playoff run as they look to defend their championship.
One key question: Will this ownership change bring major roster moves or strategic shifts? Boston’s die-hard fanbase will be watching closely as Chisholm takes the reins of the city’s most celebrated team.