The Celtics of Boston, the most laureate team in the NBA, has been sold with a record valuation of 6,100 million dollars (about 5.630 million euros). It is the highest price paid in history by a sports team, exceeding 6,050 million dollars for which a group led by Josh Harris The buyer group is led by Bill Chisholm, managing partner of the investment firm Symphony Technology Group. The closure of the operation is pending the usual authorizations and procedures for the transfer of franchises.
The leader of the current owners, supervising the team’s operations, during the 2027-2028 season, and will keep part of the capital. If the operation is approved, the new group of owners will buy the majority of the team this summer with an initial assessment of 6,100 million dollars. In addition to Chisholm and Grousbeck, the Group of Investors includes prominent entrepreneurs and philanthropics of Boston such as Rob Hale (also current shareholders of the Celtics) and Bruce A. Beal, Jr., president of Related Companies, as well as Sixth Street, a global investment company, among others, as the parties have affirmed in a statement.
Boston Basketball Partners, the group that controls the Celtics so far, weeks after the team was proclaimed. With the conquest of his 18th title, he exceeded the Los Angeles Lakers in the historical battle. The Grousbeck group bought the Celtics for 360 million dollars in 2002.
“My partners and I have an immense respect for WYC, for the whole Grousbeck family and for their indelible contributions to the organization of Celtics during the last 23 years”, “we hope to learn from WYC and associate with Brad Stevens, Joe Mazzulla and the talented team and personal to take advantage of her success while we work to bring more championships to Boston”
“Bill is a fantastic person and a true fan of the Celtics, born and raised here in the Boston area,” Grousbeck said. “His love for the team and the city of Boston, along with his chemistry with the rest of the direction of the Celtics, make him the natural choice to be the next governor and majority owner of the team.” Grousbeck added that Chisholm asked him to direct the team as the first executive during the first three years, and continue as his partner. “I’m glad to do it,” said Grousbeck.
Before the operation of the Washington Commanders, the record was in. The figure of 6,100 million dollars of Celtics also exceeds a wide margin the recent sales of NBA franchises. In 2023, those for the owner of a mortgage company, Mat Ishbia, for 4,000 million dollars; The owners of the Cleveland Browns, Jimmy and Dee Haslam, for 3.5 billion dollars in 2023; Yy his son -in -law Patrick Dumont, which runs the company of Casinos Las Vegas Sands, for another 3.5 billion dollars, also in 2023.
Celtics are a billionaire team, which is on its way to becoming the first in the history of the NBA that exceeds 500 million dollars in payrolls and surcharges. They are one of the favorites to win the title this season, with what from the Golden State Warriors of 2017-18.
The club keeps the champion block this season, in which it aspires to achieve the ring again. The owners chose with the newly conquered title and when after the one of their two great stars, and Derrick White, another key piece of the team. Jaylen Brown, Jrue Holiday, Kristaps Porziņģis, Al Horford, Sam Hauser and Payton Pritchard are also part of a very compensated template in which the rookie Baylor Scheierman has also recently shone, taking advantage of the casualties of some of the headlines.
At present, the Celtics march seconds of the east conference with 50 victories and 19 losses, in the absence of 13 games for the end of the regular season. They are almost impossible to reach the leaders, the Cleveland Cavaliers, who add 56 victories and 13 losses, so they would have field advantage in a hypothetical conference final to face them. In the NBA team, its balance is the third best, as the Oklahoma City Thunder, of the West Conference, have perched to the general leadership with 57 wins and 12 losses.
