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NBA approves sale of Boston Celtics at record valuation
BOSTON (AP) — The NBA on Wednesday unanimously approved the sale of the Boston Celtics to a group led by private equity mogul Bill Chisholm, a deal that values the franchise at more than $6.1 billion — the largest ever for an American professional sports team.
Sale of Celtics to group led by Bill Chisholm unanimously approved by NBA’s Board of Governors
This vote had long been viewed as a formality, but it is the last big step before ownership officially changes hands this season. The NBA said in a release that the transaction “is expected to close shortly.
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The new Celtics owner is one step closer to being Bill Chisholm
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