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Sports Illustrated
Sports Illustrated
Sport
Michael McDaniel

NBA Board of Governors Officially Approves Lucrative Sale of Boston Celtics

Bill Chisholm NBA Celtics Boston Celtics Wyc Grousbeck Boston the Boston Celtics
Wyc Grousbeck's sale of the Boston Celtics to Bill Chisholm has been unanimously approved by the NBA's Board of Governors. | Winslow Townson-Imagn Images

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.

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