NBA approves sale of Boston Celtics for $6.1 billion

By Associated Press

Aug 15, 2025 12:07 am

(UPDATE) BOSTON — The NBA on Wednesday (Thursday in Manila) unanimously approved the sale of the Boston Celtics to a group led by private equity mogul Bill Chisholm, a deal that values the franchise at $6.1 billion.

The league said the transaction is expected to close shortly. When it does, Chisholm will take ownership of at least 51 percent of the team, with full control coming by 2028 at a price that could bring the total value to $7.3 billion.

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