Investment group agrees to buy Boston Celtics at a record price

Defender of the NBA Champion Boston Celtics He will soon be under new ownership. The current franchise ownership group agreed to sell the William Chisholm club for a record $ 6.1 billion, agencies representing both sides included in sale by Associated Press.
ESPN and Sportico were among those who first reported a sale agreement.
Chisholm is a management partner Symphony Technology Group, a private capital company based in California. The $ 6.1 billion number is the highest purchase price for a sports team in North America history. The investment group led by Josh Harris previously set a mark in 2023 when she bought NFL’s Washington commanders from Daniel Snyder for $ 6.05 billion.
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Logotype Boston Celtics at TD Banknorth Garden before the game against the Philadelphia 76ers 28 November 2008 in Boston. (Brian Babineau/Nbae via Getty Images)
Chisholm grew up in Massachusetts and for years was a fan of the Celtics, Boston Globe reported. Celtics co -owner Robert Hale is part of the incoming ownership group, Globe states. Bruce Beal Jr., president of related companies, is also one of the investors in the new group.
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Shortly after the Celts defeated Dallas Mavericks In last year’s NBA Finals, Boston Basketball Partners Family Family Family LLC revealed his intention to sell the franchise. The family quoted the purpose of estates and family planning. The family has controlled the historic franchise since 2002, when the group closed on sale of $ 360 million.
Logo with Logotype Boston Celtics in a chair before the playoff match at TD Garden in Boston. (Adam Glanzman/Getty Images)
Wyc Grousbeck is expected to continue to represent a franchise at the NBA Committee of Governor during the 2027-28 season. Boston Basketball Partners LLC intends to sell its shares in 2028.
TD Garden before the match 1 second circle of NBA playoffs between Philadelphia 76ers and Boston Celtics 1 May 2023 at TD Garden in Boston. (David Dow/Nbae via Getty Images)
“My partners and I have an immense respect for the WYC, the whole Gouusbeck family and their indelible contributions to Celtics in the last 23 years,” Chisholm said in a statement announcing the agreement. “We look forward to learning from WYC’s partnership with Brad Stevens, Joe Mazzulla and a talented team and staff to upgrade our success as we work to bring more championship home to Boston.”
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Several NBA franchises changed their hands in 2023.
AND Phoenix Suns The owner of the Mortality company Mat Ishbia bought $ 4 billion for $ 4 billion. Milwaukee Bucks were sold to the owners of Cleveland Browns Jimmy and Dee Haslam for $ 3.5 billion. And Mark Cuban agreed to sell most of his ownership owners Dallas Mavericks Miriam Adelson and son -in -law Patrick Dumont, managed by Casino Company Las Vegas Sands for $ 3.5 billion.
Associated Press contributed to this report.
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