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Billionaire Bill Chisholm Buys Celtics In Record-Breaking Deal

Meet Bill Chisholm, the Billionaire Who Just Bought the Celtics

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There is some bad NBA news if you were planning to buy the Boston Celtics. It looks like the Celtics are no longer on the market.

That’s what $6.1 billion can do with you.

Billionaire Bill Chisholm Buys Celtics In Record-Breaking Deal
Boston Celtics logo | Celal Gunes / Anadolu

Time for us to hit the drawing board and see if we can find some extra Bitcoin lying around for the next sale.

Ultra-rich businessman Bill Chisholm has officially purchased the Celtics for $6.1 million. Here’s what you need to know about the NBA sale.

 

Current Celtics Co-Owner Steve Pagliuca Failed to Purchase the Team

The Boston Celtics news was not greeted with celebration by everyone. Current Celtics co-owner Steve Pagliuca also made a bid to purchase the Boston franchise. Paglicua released a statement expressing his frustration.

“We made a fully guaranteed and financed offer at a record price, befitting the best sports fans in the world, and with all the capital coming from individuals who are fully committed to winning on and off the court,” Pagliuca said. “We have felt it was the best offer for the Celtics. It is a bid of true fans, deeply connected to Boston’s community, and we’ve been saddened to find out that we have not been selected in the process.”

 

Bill Chisolm’s Net Worth: How Did He Make His Money?

So, if you can afford to make a $6 billion bid to sit in the owner’s seat during Boston Celtics games, chances are Chisholm made a lot of money during his business days.

As an aside, the Celtics’ sale sets the North American record for the largest transaction previously held by the Washington Commanders at $6.05 billion. Bill Chisholm’s net worth is unknown, but the veteran businessman managed $10 billion in assets.

The Massachusetts native is the managing partner of Symphony Technology Group and founded financial powerhouse The Valen Group after working with notable companies like Bain and PaineWebber.

There is sure to be no shortage of NBA rumors about the next potential franchise that will be listed for sale on Craigslist. We could be headed for a new record whenever this takes place.

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