NBA’s Boston Celtics is being sold to the head of a California private equity firm for US$6.1 billion, a record price for a US sports franchise.
The Celtics ownership had agreed to sell the iconic team to William Chisholm, managing director and co-founder of Symphony Technology Group.
The US$6.1 billion purchase price is the highest ever offered for a North American sports team, surpassing the US$6.05 billion paid for the NFL’s Washington Commanders in 2023.
The sale of the Celtics, the current NBA champions, still requires the approval of the NBA Board of Governors.
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