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NBA’s Boston Celtics Sold For Record $6.1 Billion
Boston Basketball Partners LLC, owner of the Boston Celtics,inked a deal to sell the team for a record $6.1 billion to an investor group, pending NBA approval.
If approved, this appears to be a record deal for a North American sports franchise, topping the Snyder family’s $6.05 billion sale of the NFL’s Washington Commanders to a group led by Josh Harris in 2023. In addition to Chisholm and Grousbeck, group includes prominent Boston business executives and philanthropists Rob Hale (a current Celtics owner) and Bruce A. Beal, Jr., President of Related Companies, as well as Sixth Street, a global investment firm, among others. We look forward to learning from Wyc and partnering with Brad Stevens, Joe Mazzulla and the talented team and staff to build upon their success as we work to bring more championships home to Boston.”
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