HomeStockBoston Celtics Are the Most Expensive Sports Sale Ever
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Boston Celtics Are the Most Expensive Sports Sale Ever

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The Boston Celtics have received 18 championships (together with final season), making them essentially the most adorned workforce in NBA historical past. Now, they’ve set one other document: They’re the most costly sale in sports activities — ever.

On Thursday, a number of shops reported that Invoice Chisholm, managing associate at Symphony Expertise Group, will purchase the workforce for $6.1 billion. The deal continues to be topic to approval and evaluation by the NBA Board of Governors.

Associated: The Boston Celtics Are Formally Up for Sale, Simply Weeks After Profitable the NBA Championship

The earlier sports activities gross sales document was for the NFL’s Washington Commanders, which offered for $6.05 billion in 2023. In relation to the NBA particularly, that earlier document was the $4 billion sale of the Phoenix Suns (agreed to on the finish of 2022 however finalized in early 2023).

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Chisholm mentioned in a press release that he’s nicely conscious of the complicated and storied historical past of the workforce and area. He’s a local of Massachusetts and a Dartmouth School graduate.

“Rising up on the North Shore and attending school in New England, I’ve been a die-hard Celtics fan my total life,” Chisholm mentioned in a press release. “I perceive how vital the Celtics are to town of Boston — the position the workforce performs locally is completely different than every other 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 value round $10 billion, per Sportico, and has an “encyclopedic information” of the workforce, a supply informed the Boston Globe.

Quick Firm notes that if the sale goes by means of, the Grousbeck household, the Celtics’ present majority house owners, will get round a 1,700% return on funding.

Associated: How This Boutique Sports activities Company Is Beating Billion-Greenback Giants at Their Personal Recreation

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