A nine-month saga got here to a detailed on Thursday morning when studies surfaced of the Boston Celtics being bought to William Chisholm.
“The Boston Globe” reported that the managing director of Symphony Know-how Group had gained the race for the Cs with a $6.1 billion bid.
“Rising up on the North Shore and attending faculty in New England, I’ve been a die-hard Celtics fan my complete life,” stated Chisholm through businesswire.com. “I perceive how essential the Celtics are to the town of Boston – the position the workforce performs locally is totally different than some other metropolis within the nation. I additionally perceive that there’s a duty as a frontrunner of the group to the individuals of Boston, and I’m up for this problem.”
Chisholm continued, “My companions and I’ve immense respect for Wyc, your entire Grousbeck household and their indelible contributions to the Celtics group during the last 23 years. We stay up for studying from Wyc and partnering with Brad Stevens, Joe Mazzulla and the proficient workforce and employees to construct upon their success as we work to convey extra championships house to Boston.”
When preliminary studies of the workforce being listed on the market surfaced in June, many followers anxious that it will be troublesome for a brand new proprietor to fill the sneakers of Wyc Grousbeck, who’s dedicated to profitable and undoubtedly bleeds inexperienced.
Solely time will inform, however Chisholm’s Massachusetts background is an early encouraging signal.
Adam Himmelsbach adopted up with extra info in a publish to X shortly after the information broke, saying that Chisholm sounds as dedicated to basketball in Boston as any billionaire on the market.
Up to date: A supply near William Chisholm stated the brand new Celtics proprietor intends to purchase a house in Boston, watches each recreation, and has an “encyclopedic information” of the workforce.
Additionally, the brand new possession group contains Celtics minority proprietor Robert Hale.
Extra:https://t.co/q3867Gwr04 https://t.co/uBgpmbsZcm
— Adam Himmelsbach (@AdamHimmelsbach) March 20, 2025
The Celtics’ sale comes forward of what may very well be the costliest season in franchise historical past, because the workforce faces as much as a $500 million dedication in wage/luxurious tax within the 2025-26 season.
That form of determine opens the door for a busy summer time if paying all of that dough isn’t within the new possession’s finest curiosity.
As well as, Grousbeck is predicted to stay the workforce’s governor by the 2027-28 season. So, it’s powerful to know precisely how quickly any penny (thousands and thousands and thousands and thousands of {dollars}) pinching will start.
Wyc Grousbeck says in an announcement that new Boston Celtics proprietor William Chisholm has “requested me to run the workforce as CEO and Governor for the primary three years, and keep on as his accomplice, and I’m glad to take action.”
— Ramona Shelburne (@ramonashelburne) March 20, 2025
The $6.1 billion determine marks the biggest for a sale in American sports activities historical past, surpassing the 2023 sale of the Washington Commanders.
