NBA approves C's sale at record $6.1B valuation
The NBA board of governors has approved the sale of the Boston Celtics to a group led by private equity mogul Bill Chisholm. The deal values the franchise at over $6.1 billion, making it the largest sale ever for an American professional sports team. The sale marks a significant milestone for the Celtics, a storied NBA franchise with a rich history and loyal fan base. The record-breaking valuation reflects the growing financial strength and commercial appeal of the league, as well as the enduring popularity of the Celtics brand. The new ownership group, led by Chisholm, is expected to build on the team's success and explore new avenues for growth and expansion. The approval of the sale by the NBA board of governors underscores the league's confidence in the Celtics' future prospects and the ability of the new owners to drive the team's continued success.
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