Biggest sale in US history: Boston Celtics acquire new owners for $6,1 billion

As reported by Shams Charnia, a well-known NBA journalist from ESPN, William Chisom, the general partner of the company "Symphony Technology Group", has agreed to buy the Boston Celtics from the Grusbeck family.

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Photo: Reuters
Photo: Reuters
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

After 23 years, the basketball giant from Massachusetts has new owners - instead of the Grusbek family, the Boston Celtics will now be managed by the Symphony Technology Group.

As reported by Shams Charnia, a well-known NBA journalist from ESPN, William Cheese, the general partner of the aforementioned firm, has agreed to buy the Boston Celtics for an estimated value of $6,1 billion.

The same source states that this is the largest sale of a sports club/franchise in North America, surpassing the amount for the NFL team Washington Commanders, which were sold for $6,05 billion in 2023.

During the time the "Celtics" were led by the Grusbeck family, Boston reached the championship ring twice - in 2008 and 2024.

Vic Grusbeck and his partner Steve Pagliuca led the group that bought the Celtics in 2002 for $360 million.

The Grusbek family announced last June that they intend to sell a majority stake in the Boston Celtics in 2024 or 2025, with the remaining portion of the transaction to be completed in 2028. They also stated that they expect Vik Grusbek to remain with the club until the sale finally closes in 2028.

Symphony Technology Group, which will now lead the legendary club, is an American private investment firm based in California. Its chief investment officer is William Chisom, who founded the firm in 2002.

The Celtics are the sports giants in the United States with 18 NBA titles - only the New York Yankees baseball team (27 titles) and the Montreal Canadiens NHL club (24) are ahead of them.

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