Boston Celtics Sold for $6.1 Billion, a US Sports Team Record

Investopedia
03-21

Key Takeaways

  • The Boston Celtics basketball team has been sold to a group led by private equity veteran William Chisholm.
  • The sale, which will see Chisholm acquire a majority stake this summer, values the franchise at $6.1 billion.
  • The price is a new record for a U.S. sports team, surpassing the $6.05 billion value on the sale of the Washington Commanders in 2023.

The Boston Celtics basketball team has been sold for a U.S. sports record $6.1 billion to a group led by William Chisholm, co-founder of private equity firm Synchrony Technology Group.

Pending approval from the National Basketball Association's other team governors, Chisholm's group will acquire a majority stake in the team this summer, according to a release Thursday. The team's current governor, Wyc Grousbeck, will remain in his role through the 2027-2028 NBA season, serving as a partner to Chisholm.

A group including Grousbeck's family bought the team in 2002 for $360 million, and said last year they planned to sell a majority stake in the team shortly after the team won last season's NBA Finals.

The sale of the Celtics sets a new record for a U.S. sports team, surpassing the $6.05 billion value on the sale of the Washington Commanders in 2023.

Do you have a news tip for Investopedia reporters? Please email us at
tips@investopedia.com

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10