BREAKING: Boston Celtics SOLD For RECORD PRICE of 6.1 BILLION to Celtics Fan Bill Chisholm! Cam Show
It’s big news that the Boston Celtics are reportedly being sold for a record-breaking $6.1 billion to a group led by William Chisholm. Here’s a summary of the key details:
Record-Breaking Sale:
This deal is set to be the most expensive sale of a North American sports franchise in history.
It surpasses previous records set by other NBA and NFL team sales.
Buyer:
The purchasing group is led by William Chisholm, managing partner at Symphony Technology Group.
The group is also backed by the private equity fund Sixth Street.
Sale Structure:
The sale is reportedly structured in two stages, aligning with the current ownership’s goals.
The current ownership, the Grousbeck family, will maintain some level of control for a period of time.
Significance:
This sale is a major indicator of the rising valuations of professional sports franchises.
It also shows the continued financial strength of the NBA.
This is a significant development in the world of professional sports, and it will be interesting to see how the Celtics’ ownership transition unfolds.
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