Thursday was another big day for the NBA. The Boston Celtics were sold to a new ownership group for a record-breaking $6.1 billion. That’s nearly twice what Joe and Clara Wu Tsai paid for the Nets and Barclays Center in separate transactions completed in April 2018 and October 2019. And Celtics deal didn’t include TD Garden. That’s owned by the Boston Bruins. Such is the inflation in the valuations of NBA franchises.
The Celtics new NBA governor is William Chisholm, a billionaire but also a lifelong Celtic fan who expressed his love of the team in a statement after the sale was announced.