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Urgent Update! The Boston Celtics have been transferred for a staggering $6.1 billion, establishing a fresh benchmark for a U.S. sporting franchise! JPMorgan Chase Recommends Procuring CAVA Equity Following Current Plunge; Equity Soars
Here’s the arrangement:
* The storied Celtics are moving to a different ownership alliance spearheaded by William Chisholm, a prominent figure in the private investment sphere.
* The transfer is anticipated to finalize this summer, with Chisholm securing the controlling interest. The franchise is assessed at an unbelievable $6.1 billion!
* This cost surpasses the prior high mark possessed by the Washington Commanders, who were transferred for $6.05 billion in 2023.
A consortium featuring the Grossbeck kin acquired the franchise for $360 million in 2002. In the prior year, shortly after the franchise triumphed in the NBA Finals, they revealed intentions to transfer the controlling interest.
Incumbent proprietor Wick Grossebeck will remain as an associate until the culmination of the 2027-2028 season.
