2025-03-20 / Boardroom

BREAKING: Bill Chisholm has agreed to buy the Boston Celtics from the Grousbeck family for $6.1 billion, making it the largest franchise sale in North American sports history. This deal surpasses the $6.05 billion sale of the Washington Commanders in 2023, per ESPN. Since purchasing the franchise for $360 million in 2002, the Grousbeck family and partners have turned the Celtics into one of the NBA’s premier teams. The organization has won two championships and made two additional Finals appearances. Franchise values across the league have soared in recent years, with the Phoenix Suns selling for $4 billion in 2023, followed by the Milwaukee Bucks and Dallas Mavericks each selling for $3.5 billion later that year. The Celtics remain one of the most storied franchises in professional sports, boasting a record 18 NBA championships—the most in league history. Across all major North American sports, only the New York Yankees (27 titles) and Montreal Canadiens (24 titles) have won more.

Mentioned in a post: