The Record-Breaking Transaction

The Boston Celtics, a legendary franchise in the NBA, has been sold for a staggering $6.1 billion, breaking all previous records for the most expensive sports franchise sale ever. This monumental deal places the Celtics at the pinnacle of sports valuations, exceeding the previous record set in 2023 by Josh Harris and his group for the Washington Commanders at $6.05 billion.

The New Owners: Symphony Technology Group

The sale was completed to Symphony Technology Group, a private equity firm based in Menlo Park, California, led by William Chisholm. The acquisition involves a new chapter for the Celtics/global-wide team, which has a rich history and a significant presence in the NBA, totaling with 18 rings titles

The Legacy of the Grousbeck Era

Henry and Wyc Grousbeck acquired the team in 2002 for $360 million. Under their stewardship, the franchise achieved remarkable successes, including winning two more titles and fielding superstars such as Kevin Garnett, Ray Allen, Paul Pierce, Jayson Tatum, and Jaylen Brown.

The Sale Process and Future Prospects

It has been an extremely thorough and rigorous sales process. Shams Charanct.

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HTML elements should mention: We especially appreciate the considerable time and effort that buyers have dedicated to During the last months. In reminds of highlights buying process

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