BOSTON (AP) — The Boston Celtics have a new owner, and there's one thing that isn't going to change at the NBA's most-decorated franchise.

“Coming in second is not the objective, and it’s not acceptable,” private equity mogul Bill Chisholm said Tuesday after taking control of the team from Wyc Grousbeck. “The ultimate yardstick is winning championships. Wyc’s got two, and we’re going to get more, and he and I together are going to help drive that.”

Chisholm leads a group that bid $6.1 billion for the Celtics — a record price for an American professional sports franchise. The NBA unanimously approved the deal last week, and all that was left was for the money to change hands on Tuesday.

“We are committed to building on the legacy of the Celtics and raising banners," Chisholm said. “And I

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