The Boston Celtics sold Thursday for a record $6.1 billion valuation, the most-ever for a North American sports franchise.
The move presents a changing of the guard after the Grousbeck family, the current majority owners, led the team to a period of sustained success, including last season's NBA championship.
William Chisholm, a managing partner of the private equity firm Symphony Technology Group, is the leading investor in the group set to make the purchase, pending approval by the NBA board of governors. Current Celtics minority owner and business executive Rob Hale, Bruce A.