On Wednesday, theNBA Board of Governors unanimously approved the sale of the Boston Celtics. Effective 2028, Bill Chisholm will succeed current owner Wyc Grousbeck as the majority owner of Title Town.
“The reported $6.1 billion valuation for the club makes it the second-largest sale price for a US sports franchise, behind the$10 billion valuation for the Los Angeles Lakers,” reported Reuters of CNN Sports
With new ownership comes new goals and expectations for the acclaimed organization.
While star player Jayson Tatum recovers from an Achilles injury, the Celtics look to put last year’s playoff elimination in the rearview, along with a few other costly roster pieces.
“Chisholm will take over the Celtics during a time of transition after years of being one of the NBA’s elite teams…Jrue Holiday,Kristaps Porzingis, andLuke Kornet are already gone from last year’s roster, and more money-saving moves may take place before the new season begins,” writes Arthur Hill of Hoops Rumors.
It seems to be a tumultuous start, given that other promises were made back in March.
“I talk to Wyc a few times… keeping me updated and saying that whoever is the next group up, they will be great for the organization,” responded Tatum in a courtside practice interview.
As small as the news may seem, come October, the winningest Boston team we are accustomed to may have a rocky start.