Berliner Tageblatt - NBA's Celtics sold for record $6.1 bn: Boston Globe

NYSE - LSE
RBGPF 0% 67.74 $
RYCEF -2.61% 19.13 $
NGG -1.18% 76.38 $
RIO -4.38% 99.39 $
GSK -1.06% 48.12 $
CMSC -1.22% 20.44 $
BCC -1.17% 75.05 $
BTI 0.97% 54.86 $
CMSD -1.03% 20.34 $
BCE -0.34% 23.25 $
RELX -1.27% 33.82 $
VOD 1.15% 17.33 $
AZN 1.69% 159.64 $
JRI -0.25% 12.08 $
BP 0.87% 46.08 $
NBA's Celtics sold for record $6.1 bn: Boston Globe
NBA's Celtics sold for record $6.1 bn: Boston Globe / Photo: © GETTY IMAGES/AFP

NBA's Celtics sold for record $6.1 bn: Boston Globe

The NBA's Boston Celtics are being sold to the head of a California private equity firm for $6.1 billion, a record price for a US sports franchise, The Boston Globe reported Thursday.

Text size:

The newspaper, citing a league source, said the Celtics ownership team had agreed to sell the team to William Chisholm, managing director and co-founder of Symphony Technology Group.

It said the $6.1 billion purchase price is the highest ever paid for a North American sports team, surpassing the $6.05 billion paid for the NFL's Washington Commanders.

Chisholm, a Massachusetts native, is a longtime fan of the Celtics, the current NBA champions, according to the Globe.

The newspaper said three other buyers had been under consideration -- Steve Pagliuca, a Celtics co-owner; Stan Middleman, a co-owner of MLB's Philadelphia Phillies; and The Friedkin Group.

S.Keller--BTB