The Boston Celtics were sold at the record figure of 6.1 billion dollars

The most famous franchise in the history of basket Professional will soon change owner. Today a group led by Wyc Grousbeck, the owner of the Boston Celtics, has announced an agreement to sell the team to a consortium led by William Chisholm, co-founder and Managing Partner of the Californian private equity company Symphony Technology Group.

The agreement estimates the value of the Celtics a 6.1 billion dollars, which represents the higher price paid for a team In the history of American sport, overcoming the sale of 6.05 billion dollars of the American Football team of the Washington Commanders in 2023.

The Chisholm investors group includes Sixth Street, a gigantic investment company and private lender, and the real estate manager Bruce A. Beal. The price paid for the Celtics, that last season they won their 18th NBA championship, it is the highest ever paid, But it is still in line with the evaluations to the stars torn also in the past for the NBA franchise.

In 2022, the billionaire of mortgage loans Mat Ishbia agreed to buy the Phoenix Suns at an evaluation of 4 billion dollars. The following year, Miriam Adelson’s family agreed to buy Dallas Maverks at an evaluation of 3.5 billion dollars. These enormous list prices fit into the background of the new NBA media rights agreement, stipulated in July. This agreement will make the League earn a total of 77 billion dollars, through partnership with television networks NBC, ESPN e Amazon.

A group led by Grousbeck bought the Celtics in an era and in a very different financial scenario, to an evaluation of 360 million dollars in 2002. Grousbeck I call his group “Banner 17, LLC” to indicate his goal of increasing the total of Celtics in the championship, which at the time was 16. Under his guide, the team won two trophies Larry O’Brien, in 2008 and in 2024. Astronomical price of the Celtics does not include the arena in which the team, the TD Garden. The Celtics rent the Arena from Delaware North, the owner group that also has the Boston Bruins of the NHL.