William Chisholm to Acquire Boston Celtics for $6.1 Billion, Marking New Era for Historic NBA Franchise

William Chisholm, a Massachusetts native and co-founder of the private equity firm Symphony Technology Group, has reached an agreement to purchase the Boston Celtics for a reported $6.1 billion. The announcement was made by the current ownership, the Grousbeck family, on Thursday morning. The transaction marks a significant change in ownership for the historic NBA franchise, which has been under the Grousbeck family’s control since 2002.

The Grousbeck family had previously announced their intention to sell a majority interest in the team by 2024 or early 2025. Despite the sale, Wyc Grousbeck is expected to remain as the team governor until 2028. During the Grousbeck family’s tenure, the Celtics secured two NBA championships, contributing to their status as one of the most successful teams in the league’s history.

William Chisholm expressed his enthusiasm for acquiring the team, citing his lifelong passion for the Celtics. Growing up on the North Shore and attending college in New England, Chisholm has been a dedicated fan of the franchise. His deep-rooted connection to the team and the region underscores his commitment to maintaining the Celtics’ legacy and success in the NBA.

The Celtics, who recently celebrated their league-record 18th championship, continue to be a formidable presence in the league. With Chisholm at the helm, the team looks to build on its storied history and pursue further achievements in the coming seasons. The acquisition is seen as a significant development for both the franchise and its devoted fan base.