<p>-
- Report: Celtics' $6.1B sale expected to close within two weeks</p>
<p>Field Level MediaAugust 7, 2025 at 10:59 PM</p>
<p>Apr 20, 2025; Boston, Massachusetts, USA; William Chisholm reacts after a play during a Boston Celtics game at TD Garden. Mandatory Credit: Bob DeChiara-Imagn Images (Bob DeChiara-Imagn Images)</p>
<p>The $6.1 billion sale of the Boston Celtics to William Chisholm and partners is expected to close within the next two weeks, Sportico reported Thursday.</p>
<p>The deal is still pending the approval from the NBA's board of governors, made up of the 30 team owners. Their vote can be conducted remotely.</p>
<p>A group led by Chisholm announced plans to purchase the Celtics from the Grousbeck family in March. At the time, the $6.1 billion price tag was the highest ever paid for a North American sports franchise.</p>
<p>In June, Mark Walter reached an agreement to purchase the Los Angeles Lakers at a $10 billion valuation.</p>
<p>Chisholm, the co-founder and managing partner of the California-based private equity firm STG Partners, is a Massachusetts native and longtime Celtics fan. He is expected to take over as the team's governor from Wyc Grousbeck after the 2027-28 season.</p>
<p>Grousbeck and the ownership group Boston Basketball Partners LLC purchased the Celtics for $360 million in 2002.</p>
<p>BDT & MSD Partners and JPMorgan Chase, who are coordinating the Celtics' sale process, and the NBA declined to comment to Sportico about the timing of the closing.</p>
<p>--Field Level Media</p>
<a href="https://data852.click/5a32cd58501e613bf372/ee0a75caf0/?placementName=default" class="dirlink-1">Original Article on Source</a>
Source: "AOL Sports"
Source: AsherMag
Read More >> Full Article on Source: Astro Blog
#LALifestyle #USCelebrities