Celtics
The group final bought for $360 million in 2002 to the Grousbeck household.
The Celtics possession group agreed to promote the group to William Chisholm, the managing director and co-founder of Symphony Know-how Group, for $6.1 billion — the very best sum paid for a sports activities group in North American historical past.
The group final bought for $360 million in 2002, and the Grousbeck household (the lead investor within the possession group) introduced in June, simply weeks after the Celtics received their 18th NBA title, that the group was going up on the market for property and household planning functions.
The earlier document was established in 2023, when an possession group led by Josh Harris purchased the Washington Commanders from Dan Snyder for $6.05 billion.
A Snyder-led group had owned the vast majority of the Commanders franchise since 1999, when it bought the group for $800 million, the very best value ever paid for a sports activities group on the time.
The Celtics sale surpasses the earlier NBA sale document by greater than $2 billion. Mortgage lender Mat Ishbia paid $4 billion in 2023 to buy the bulk stake within the Phoenix Suns and the WNBA’s Phoenix Mercury.
The valuations of NBA groups have risen steadily up to now decade, beginning with Steve Ballmer’s buy of the Clippers for $2 billion in 2014.
Since then, costs have solely gone up. Along with the Celtics and Suns, NBA groups among the many prime 10 costliest sports activities franchise gross sales are the Houston Rockets ($2.2 billion in 2017), Brooklyn Nets ($2.4 billion in 2019), and Milwaukee Bucks ($3.5 billion in 2023).
Along with Chisholm, the brand new Celtics possession group consists of Boston enterprise executives similar to present Celtics co-owner Robert Hale, president of Associated Corporations Bruce Beal Jr., and the worldwide funding agency Sixth Avenue.
Right here’s a have a look at the ten highest value tags paid for sports activities franchises.
- Boston Celtics (2025), $6.1 billion
- Washington Commanders (2023), $6.05 billion
- Denver Broncos (2022), $4.7 billion
- Phoenix Suns (2023), $4 billion
- Milwaukee Bucks (2023), $3.5 billion
- New York Mets (2020), $2.4 billion
- Brooklyn Nets (2019), $2.4 billion
- Carolina Panthers (2018), $2.2 billion
- Houston Rockets (2017), $2.2 billion
- Los Angeles Dodgers (2012), $2 billion
Data from earlier Globe studies was used on this article.
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