The Boston Celtics have gained 18 championships (together with final season), making them probably the most embellished staff in NBA historical past. Now, they’ve set one other report: They’re the most costly sale in sports activities — ever.
On Thursday, a number of retailers reported that Invoice Chisholm, managing companion at Symphony Know-how Group, will purchase the staff for $6.1 billion. The deal remains to be topic to approval and evaluate by the NBA Board of Governors.
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The earlier sports activities gross sales report was for the NFL’s Washington Commanders, which offered for $6.05 billion in 2023. In relation to the NBA particularly, that earlier report was the $4 billion sale of the Phoenix Suns (agreed to on the finish of 2022 however finalized in early 2023).
Chisholm stated in an announcement that he’s effectively conscious of the advanced and storied historical past of the staff and area. He’s a local of Massachusetts and a Dartmouth Faculty graduate.
“Rising up on the North Shore and attending faculty in New England, I’ve been a die-hard Celtics fan my total life,” Chisholm stated in an announcement. “I perceive how vital the Celtics are to town of Boston — the position the staff performs locally is totally different than another metropolis within the nation. I additionally perceive that there’s a accountability as a frontrunner of the group to the folks of Boston, and I’m up for this problem.”
Chisholm is estimated to be price round $10 billion, per Sportico, and has an “encyclopedic information” of the staff, a supply instructed the Boston Globe.
Quick Firm notes that if the sale goes via, the Grousbeck household, the Celtics’ present majority homeowners, will get round a 1,700% return on funding.
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