Deal Closed: Bill Chisholm Assumes Control of Boston Celtics
Record-Breaking Sale: Bill Chisholm Buys Boston Celtics for $6.1 Billion
The Boston Celtics, one of the most successful franchises in NBA history, has a new owner. Private equity mogul Bill Chisholm has completed the purchase of the team for a staggering $6.1 billion, making it the largest completed full-team purchase in the history of the four major North American sports leagues.
The deal, finalized in August 2025, marks a significant milestone in the sporting world. Chisholm, the managing partner of Symphony Technology Group, acquired at least 51% ownership of the Celtics, giving him majority control. His plans are to increase his stake to full ownership by 2028, with the total value projected to reach $7.3 billion.
This sale surpasses all previous full-team sales and sets a new financial benchmark across professional sports. For comparison, a minority share of the Los Angeles Lakers valued the franchise at $10 billion, but it was not a full-team purchase. The previous record for a full NBA team purchase was the $4 billion purchase of the Phoenix Suns in 2023.
The Boston Celtics, under the outgoing ownership group led by Wyc Grousbeck, have a rich history. They have a record of 18 championships in the NBA, reaching the playoffs in 20 of the 23 years under this group. The team's rosters included stars like Paul Pierce, Kevin Garnett, Ray Allen, Jayson Tatum, and Jaylen Brown.
The sale does not affect the team's continued competition at the highest level in the NBA. The Celtics are currently at the height of their success, a fact underscored by the record-breaking sale. As Chisholm takes charge, he inherits a team that is poised for continued greatness.
| Transaction | Amount | Notes | |-------------------------------------|-----------------------|-----------------------------------------| | Boston Celtics purchase by Bill Chisholm | $6.1 billion (full purchase) | Largest completed full-team purchase in major North American sports[2][4] | | Los Angeles Lakers minority share | Valued at $10 billion | Not a full team sale | | Phoenix Suns purchase | $4 billion | Previous NBA full-team record |
With this sale, a new era begins for the Boston Celtics. As Chisholm takes control, fans and pundits alike eagerly await to see the impact he will have on one of the most storied franchises in sports history.
[2]: Source 2 [4]: Source 4
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