The NBA Board of Governors unanimously approved the record $6.1 billion sale of the Boston Celtics to an investment group led by billionaire Bill Chisholm, the league announced on Wednesday.
The official announcement of the sale comes a year after the Celtics captured the NBA title. Weeks after winning their 18th title, longtime owner Wyc Grousbeck announced his intention to sell the team. Chisholm, a managing partner at STG Partners and Boston native, was ultimately awarded the franchise.
Wednesday's announcement is a formality to what Celtics fans already knew - that an ownership group led by Chisholm would purchase the franchise. The announcement from the NBA comes one day after a report that Grousbeck would no longer stay on as the team's governor during the transition through th