In March, the sports world was stunned when the Boston Celtics were sold for a then-record-setting $6.1 billion to an investment fund headed by Bill Chisholm. Now, that historic deal is nearing completion.
Chisholm and his team are officially set to take control of the Celtics from the Grousbeck family. Amid swirling rumors about the sale , the NBA has given its seal of approval. On Wednesday, the league confirmed that the sale had passed through all necessary steps.
“ The NBA Board of Governors has unanimously approved the sale of the controlling interests in the Boston Celtics to an investor group led by Bill Chisholm. The transaction is expected to close shortly ,” the report read.
The timing of the sale is remarkable. It came less than two weeks after Boston celebrated an NB