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Tim Bontemps
A group led by Bill Chisholm, managing partner of Symphony Technology Group, agreed to buy the Boston Celtics for an assessment of $ 6.1 billion, sources told Shams Charania de ESPN.
This price would exceed the price of $ 6.05 billion, a group led by Josh Harris paid to buy the NFL Washington commanders in 2023 as the most paid by a franchise in the sports history of North America, and easily exceeded the record number of the control participation of a NBA team, which was established two years ago when Mat Ishbia bought the Phoenix Suns for $ 4 billion.
The Celtics, who overcame their rivals forever, the Los Angeles Lakers, with their 18th NBA title last June when they beat the Dallas Mavericks in five games in the NBA finals, began the sales process shortly after, when the group of owners of the team owners 2002 controllers, LLC, a group led by the Wyc Grusbeck cooperators and the Banketball Property controller, since 2002, since 2002, since 2002, since 2002. World announcing that it would sell the participation of control in the franchise after more than two decades of stable ownership of one of the most emblematic franchises of North American sports.
The Grousbeck-Pagliuca group bought the Celtics for $ 360 million in 2002. Pagliuca acknowledged the sale on Thursday in a statement published on social networks, saying that it made a strong boost to buy the Celtics of the Grousbeck family and that it is “sad to discover that we have not been selected in the process.”
Here is my statement about today’s news. pic.twitter.com/lhkcscgf
– Steve Pagliuca (@pagscetics) March 20, 2025
The fountains told Charania that Grousbeck will continue as the CEO and governor of the franchise during the 2027-28 season, which was part of the family’s plan when he announced his intention to sell the team.
The group led by Chisholm, a fan of the Celtics of a lifetime who was born and grew in the Boston area, includes Boston and Philler Business Executives Rob Hale, a current owner of the Celtics, and Bruce A. Beal Jr., sources told Charania.
During a telephone conference with reporters in November after Boston visited the White House to celebrate its title, Grouck reiterated the plan for him to remain in charge after the sale and until 2028.
Leaving aside, what is not in dispute is that for the first time in a generation, Celtics are changing hands, with Chisholm, who has made his fortune in private capital, assuming a team that is not only one of the favorites to repeat as champions, but also has massive questions ahead this summer.
Boston is on its way to becoming the first team in the NBA history of exceeding $ 500 million in combined payroll and luxury taxes next season, since the supermax extension of Jays Tatum is officially online at the same time as the final steps of the current collective bargaining agreement, which makes it prohibitively expensive to maintain a team like this together in the long term.
Meanwhile, however, Celtics are one of the favorites to win the title this season, since they hope to become the first team to repeat as champions from the Golden State Warriors 2017-18.
The Celtics have won an NBA record 18 NBA titles, which only follow the New York Yankees (27) and Montreal Canadiens (24) among all the professional sports leagues in North America.
The sale of Celtics could also have an impact on the potential timeline for the expansion of the NBA. For months, the sources have said that the process would not advance until there was clarity about the Boston situation and where this sale price ended. Now that there is clarity, and in this type of number, the league could visit that timeline again, the sources said.
