Investment Group agrees to buy Boston Celtics for a record price

Defender of the Champion NBA Boston sealtics Soon he will be under new property. The current Franchise property group has agreed to sell William Chizgolm Club for a record $ 6.1 billion, agencies representing both sides involved in the sale confirmed by the Associated Press.

ESPN and Sportico were one of the first to report on the sale agreement.

Chisholm is a managerial partner of Symphony Technology Group, a private stock based in California. The $ 6.1 billion is the highest price for a sports team in North America. An investment group led by Josh Harris previously set a mark in 2023 when bought by Washington NFL commanders at NFL from Daniel Snyder $ 6.05 billion.

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The Boston Celtics logo in TD Banknorth Garden before the game against Philadelphia 76ers on November 28, 2008 in Boston. (Brian Babino/NBA via Getty Images)

Chizgolm grew up in Massachusetts and has been a supporter of the sealties over the years, Boston Globe reported. Celtics Celtic co -owner Robert Hail is part of the input group, Globe reports. Bruce Bill is a young man, the president of the related companies, is also one of the investors in the new group.

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Shortly after the sealtix won Dallas Mavelix Last year in the NBA finals, Boston Basketball Basketball Family Family Family revealed the intention to sell the franchise. The family referred to the purpose of the property and family planning. The family has controlled the formed franchise since 2002 when the group closed the sale of $ 360 million.

A Boston Celtics towel on a chair before playing a play -of in TD Garden in Boston. (Adam Glantman/Getti Image)

The WYC Groosbeck is expected to continue to submit a franchise at the NBA Council through the 2027-28 season. LLC Boston Basketball Partners intends to sell the balance of its shares in 2028.

Garden TD before playing 1 second round Play -of NBA between Philadelphia 76ers and Boston Sealtik May 1, 2023 in TD Garden in Boston. (David Dou/NBA via Getty Images)

“My partners and I greatly respect WYC, the whole family of Gruzbek and their indelible contribution to Celtics Organization over the last 23 years,” Chizgolm said in a release reporting on the agreement. “We look forward to learning at WYC and cooperation with Brad Stevens, Joe Matsula and a talented team and staff to rely on success when we work to bring more championships home to Boston.”

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Several NBA franchise changed in 2023.

A Phoenix suns were purchased by the owner of the Mat Ishbia mortgage company for $ 4 billion. Milooki Bucks was sold to Cleveland Brivans Jimmy and $ 3.5 billion. And Mark Kuban agreed to sell most of his ownership actions in Dallas Maverix Miriam Adelson and son-in-law Patrick Dummont, who manages the Casino Campaign in Las Vegas for $ 3.5 billion.

The Associated Press contributed to this report.

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