Boston Celtics sold to private-equity manager for highest price of any team in North American history

The most successful team in NBA history has been sold at a record price to a private-equity director who grew up in Massachusetts.

As first reported by the Boston Globe, William Chisholm, the California-based managing director and co-founder of Symphony Technology Group, is the winning bidder. ESPN has since reported the sales price is $6.1 billion, which is a new North American record for any team. Chisholm’s purchase still needs to be approved by other league owners.

Outgoing Celtics co-owner Wyc Grousbeck is expected to remain governor as the team is transitioned to Chisholm, a Dartmouth graduate from Georgetown, Massachusetts, who claims to be a longtime fan of the team.

Grousbeck and his co-owners announced their intention to sell the team in July, shortly after capturing the franchise’s 18th NBA title with a 4-1 series win over the Dallas Mavericks. 

DailyMail.com has reached out to the Boston Celtics for confirmation.  

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