The Boston Celtics are a professional basketball team based in Boston, Massachusetts, competing in the National Basketball Association (NBA). The team was founded in 1946 and is known for its rich history, including 17 NBA championships, making it one of the most successful franchises in NBA history.
The team has been recognized for iconic players like Bill Russell, Larry Bird, Paul Pierce, and Kevin Garnett, and currently plays its home games at the TD Garden. As of 2025, the team is led by Joe Mazzulla, who serves as the head coach.
Ownership Status of Boston Celtics
The Boston Celtics are now privately owned by a group led by Bill Chisholm. Previously, the team was owned by Wyc Grousbeck and Steve Pagliuca from 2002 until 2025.

In August 2025, Bill Chisholm acquired a controlling stake in the team for a record $6.1 billion, marking the largest purchase of a U.S. professional sports franchise at the time. Ownership is structured to allow Chisholm full ownership by 2028.
Major Owners
Owner / Entity | Ownership Role / Stake | Notes |
---|---|---|
Bill Chisholm | Majority Owner / Governor | Acquired controlling stake in 2025, aiming for full ownership by 2028. |
Wyc Grousbeck | CEO / Alternate Governor | Former governor; remains involved in team management. |
Steve Pagliuca | Minority Owner | Previous co-owner, continues as part of advisory and governance roles. |
Rob Hale | Minority Owner | Boston-area executive involved in community initiatives. |
Bruce A. Beal Jr. | Minority Owner | Participates in investment group led by Chisholm. |
Sixth Street Partners | Investment Partner | Part of Chisholm’s ownership consortium. |
Bill Chisholm: Entrepreneur and NBA Team Owner
Bill Chisholm is an American entrepreneur and private equity executive, best known as the managing partner and chief investment officer of Symphony Technology Group (STG Partners), a firm he co-founded. A Massachusetts native and lifelong Boston Celtics fan, Chisholm graduated from Dartmouth College and earned an MBA from the University of Pennsylvania’s Wharton School. His professional journey includes roles at Bain & Company and Symphony Technology Group, where he has been instrumental in leading investments in technology and software companies. In March 2025, Chisholm made headlines by leading a group of investors to purchase the Boston Celtics for a record $6.1 billion, marking the highest price ever paid for a North American sports franchise at that time. AP News
Bill Chisholm’s Net Worth
As of 2025, Bill Chisholm’s net worth is estimated to be between $2 billion and $10 billion, according to various sources. Forbes reported his net worth as $3.2 billion, while Celebrity Net Worth estimated it at $2 billion. Other outlets, such as ComingSoon.net, suggest a higher estimate of $10 billion. These variations likely stem from the complexities of valuing private equity holdings and investments in companies like SurveyMonkey and Onclusive, which STG Partners manages. Chisholm’s significant stake in the Boston Celtics further contributes to his wealth, though the exact value of his ownership remains undisclosed.
Key Owner Highlights
- Bill Chisholm: Private equity mogul, leads the ownership group. Focused on maintaining Celtics’ competitive legacy and expanding community outreach.
- Wyc Grousbeck: Oversaw 2 NBA championships under his leadership. Remains CEO and alternate governor.
- Steve Pagliuca: Active in team governance and strategy, instrumental in past championship runs.
- Other Owners: Rob Hale, Bruce A. Beal Jr., and Sixth Street Partners contribute to strategic and financial support.
Recent Developments in Ownership
- July 2024: Grousbeck family announced intention to sell controlling interest.
- August 2025: NBA Board of Governors approved sale; Chisholm acquired at least 51% of the team.
- Future: Chisholm may increase ownership to 100% by 2028, with the franchise value projected at $7.3 billion.
FAQs
1. Who is the current owner of the Boston Celtics?
The majority owner is Bill Chisholm, who leads a consortium of investors. Wyc Grousbeck and Steve Pagliuca remain involved as minority owners.
2. Is the Boston Celtics a publicly traded or privately owned team?
It is privately owned.
3. Who founded the Boston Celtics?
The team was founded in 1946.
4. Has ownership changed recently?
Yes. In August 2025, Bill Chisholm acquired the controlling stake from Wyc Grousbeck and Steve Pagliuca.
5. Who are some other notable members of the ownership group?
Other key members include Rob Hale, Bruce A. Beal Jr., and Sixth Street Partners.
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