Boston Celtics sold for $6.1 billion in massive deal

Posted : 23 March 2025

In a groundbreaking move, businessman Bill Chisholm has acquired the NBA champions, the Boston Celtics, for a record-breaking $6.1 billion. This marks the largest sports transaction in American history, setting a new benchmark for the value of sports franchises. The previous owners, the Grossbeck family, had held most of the team's shares since 2002 when they bought it for just $360 million. The sale follows Boston’s latest championship win, their second under the Grossbecks, who also guided the team to victory in 2008.

The Celtics, currently the reigning NBA champions, are not only renowned for their storied history but also for their current strong performance. With a record of 50 wins and 19 losses this season, the team remains a favorite to make a deep playoff run. Their roster is packed with top-tier talent, though it comes at a steep price. The team has five players earning $20 million or more annually, a testament to their competitive ambition.

At the top of this list is Jaylen Brown, the MVP of the previous season’s playoff finals. Brown is the highest-paid player on the Celtics, earning a hefty $49 million per year. Following him is Jayson Tatum, the team’s leading scorer with 27.1 points per game, who brings in $34 million annually. The other high earners include Jrue Holiday, Kristaps Porzingis, and Derek White, with contracts ranging from $20 million to $30 million each.

The sale of the Boston Celtics has not only set a new record in the United States but also on the global stage. It surpasses the previous high for a sports franchise purchase, the Washington Commanders, which sold for $6.05 billion in 2023. This monumental deal was eclipsed by Chisholm’s acquisition, which is now the largest transaction in sports history worldwide.

Before the Celtics' record-breaking sale, the largest deals included the purchase of the Premier League’s Chelsea by billionaire Ted Boehly for $5.3 billion. Chelsea’s acquisition was one of the most high-profile sports deals, and it set a significant precedent for future transactions in the sports world. It remains one of the top deals in the industry, reflecting the growing value of major sports franchises.

The Denver Broncos' $4.7 billion sale in the NFL also ranks among the top five sports deals. This deal was another indicator of how much professional sports teams have become coveted assets in the world of high finance. The Broncos’ sale follows closely behind Chelsea’s acquisition, solidifying the NFL’s standing among the most valuable sports leagues globally.

The Phoenix Suns also made headlines with their sale for $4 billion. As part of the NBA’s growing prominence in the global sports market, this deal further underscores the increasing value of basketball franchises. These high-value transactions demonstrate a shift in the landscape of professional sports ownership, where business moguls and investors are keen to secure stakes in teams with rich histories and potential for future success.

In summary, the purchase of the Boston Celtics by Bill Chisholm is a monumental moment in sports history, not only because it breaks the previous records in the United States but also because it sets a new global precedent. This deal highlights the growing financial potential of professional sports franchises and signals the continued interest of investors in owning top-tier teams. With the Celtics’ impressive roster and their recent championship success, Chisholm’s acquisition seems poised to further elevate the legacy of one of the NBA’s most storied teams.

Boston Celtics sold for $6.1 billion in massive deal

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