The Boston Celtics are in the process of a $6.1 billion sale to an investment group led by Bill Chisholm, pending approval from the NBA's Board of Governors. Chisholm has secured the necessary investment commitments to finalize the deal, but it will not be formalized until a vote, expected in June or July. The ownership group will initially acquire a 51% stake, with full ownership transitioning by 2028 as current governor Wyc Grousbeck steps down after the 2027-2028 season. The outcome of the Celtics' playoff series against the Knicks could influence immediate future games.
The Celtics' $6.1 billion sale requires a favorable vote from the NBA's Board of Governors, possibly taking place in June or July.
Chisholm has secured commitments needed for the sale but still must wait for the Board's vote to formalize the ownership transfer.
The new ownership group plans to buy a 51-percent stake in the Celtics with full transition expected by 2028.
Current team governor Wyc Grousbeck will step down after the 2027-2028 season, after which the remaining stake will be transferred.
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