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Sports Illustrated
Sports Illustrated
Sport
Liam McKeone

New Celtics Owner Releases Statement After Purchasing Team

William Chisholm purchased a controlling stake of the Celtics at a $6.1 billion valuation | Peter Casey-Imagn Images

On Thursday, private equity director William "Bill" Chisholm became the newest owner of the Boston Celtics. Purchasing a controlling stake in the franchise for a record valuation of $6.1 billion, Chisholm will take the reins from the current ownership group led by Wyc Grousebeck over the coming years; Grousebeck will reportedly stay on in his role as team governor during the transition.

Shortly after the news dropped, Chisholm released his first statement as owner of the Celtics via Business Wire.

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