Bill Chisholm Finalizes Record-Breaking Acquisition of Boston Celtics
Bill Chisholm's group finalized the record $6.1 billion acquisition of the Boston Celtics, taking over from Wyc Grousbeck's ownership after two decades and an 18th NBA title.
ABC NewsBoston Celtics sale is done. Chisholm takes over as owner of most-decorated NBA team
PBS NewsHourPrivate equity mogul Bill Chisholm officially buys the Boston Celtics for a record $6.1 billion
Associated PressThe Boston Celtics have a new owner. The drive to add more NBA championships won't change
Overview
Bill Chisholm's group finalized the acquisition of the Boston Celtics on Tuesday, marking the highest price ever paid for an American sports franchise at $6.1 billion.
The NBA unanimously approved the record-setting deal last week, with the financial transaction officially completed, transferring ownership from Wyc Grousbeck's group.
The Celtics were listed for sale last summer, following their 18th NBA championship win and victory over the Dallas Mavericks in the finals.
Wyc Grousbeck and Pagliuca's group owned the Celtics for over 20 years since 2002, securing two NBA titles and making the playoffs in 20 of 23 seasons.
Chisholm's group now holds majority ownership, with plans to gain full control by 2028, potentially valuing the team at $7.3 billion in the future.
Analysis
Center-leaning sources cover the Boston Celtics' ownership change neutrally, focusing on factual reporting of the transaction. They present the new owner's stated goals and financial details without evaluative language, providing a balanced overview of the acquisition and its implications for the team's future.