Boston Celtics Reportedly Sold for $6 Billion
The Boston Celtics, a storied NBA franchise, are reportedly being sold to William Chisholm, co-founder of a private equity firm. The sale price is estimated at $6 billion. Chisholm, a Massachusetts native and lifelong Celtics fan, is expected to take over ownership pending league approval. This marks one of the largest transactions in sports team history.
Reports indicate that the Boston Celtics are set to be acquired by William Chisholm, a co-founder of a prominent private equity firm, for an estimated $6 billion. Chisholm, who hails from Massachusetts and is a long-time supporter of the Celtics, will assume ownership of the NBA team upon the deal's finalization and approval by the league. The potential sale represents a significant shift in ownership for the Celtics, a team with a rich history and a dedicated fan base. The financial implications of this transaction are substantial, placing it among the most valuable sports team acquisitions ever recorded. Further details regarding the transition of ownership and any potential changes to team management are expected to be released following the official announcement.
Source: Read the original article at NBC