Saturday, June 13, 2026

The Sun Nigeria

Celtics sold for $6.1 billion in historic deal

Celtic

The Boston Celtics have a new sheriff in town.

Bill Chisholm, managing partner for Symphony Technology Group, has agreed to purchase the Celtics for $6.1 billion from the previous owners, the Grousbeck family, ESPN.com first reported.

The sale is the largest for an American sports franchise in history, barely eclipsing Washington Commanders’ sale of $6.05 billion to the Josh Harris group in July 2023.

There were many in the bidding for the team, including Jeff Bezos at one point.

STG is a Silicon Valley-based private equity firm with dozens of tech software under its umbrella.

The Celtics are coming off an NBA title in 2024 and are favored to repeat this year.