The Boston Celtics are on track to change hands by late next week or early the week after, according to three people familiar with the transaction who spoke to Sportico reporters Kurt Badenhausen and Scott Soshnick.
The National Basketball Association’s Board of Governors must sign off on the deal, but the vote can be handled remotely, eliminating the need for an in-person meeting.
Lead investor William Chisholm reached a two-stage agreement in March to purchase the franchise from the Grousbeck family. His group will acquire a controlling stake at a $6.1 billion valuation, then buy the remaining shares after the 2027-28 season at a valuation of $7.3 billion.
ArcelorMittal chief executive Aditya Mittal will be the second-largest shareholder and may serve as the team’s alternate governor. Additional minority investors include current stakeholder Robert Hale, Bruce A. Beal Jr., and private-equity firm Sixth Street.
Imagem: Luke Adams via hoopsrumors.com
Boston faced nearly $53 million in luxury-tax penalties last season and operated above the second tax apron. With star forward Jayson Tatum expected to miss most or all of 2025-26 because of a torn Achilles, the club has trimmed payroll by moving Jrue Holiday, Kristaps Porzingis, and Georges Niang in cost-cutting trades. ESPN’s Bobby Marks projects the team’s combined salary and tax bill to fall from a potential record $540 million to about $239 million.
Source: HoopsRumors
