Quick Facts: Boston Celtics
| Owner | New ownership group led by Bill Chisholm (acquired 2024) |
| Previous Owner | Wyc Grousbeck (managing partner, 2002-2024) |
| Founded | 1946 |
| Headquarters | Boston, Massachusetts, USA |
| Ownership Type | Private |
| Stock Ticker | N/A |
| Publicly Traded | No |
Who Owns the Boston Celtics?
The Boston Celtics were sold in 2024 to a new ownership group led by private equity executive Bill Chisholm in a landmark transaction valued at approximately $6.1 billion — the largest sale of an NBA franchise in league history at the time. The deal was agreed upon in 2024 and involved the purchase from the longtime ownership group led by Wyc Grousbeck, who had been the Celtics’ managing partner since 2002. Grousbeck’s group had purchased the franchise from the Gaston family for $360 million in 2002, and over more than two decades presided over 18 NBA Finals appearances and two NBA Championships (2008 and 2024), making the Celtics one of the most successful franchises of the modern era.
Wyc Grousbeck assembled one of the most celebrated ownership groups in NBA history. Partners in the group included Steve Pagliuca (co-chairman of Bain Capital), Robert Epstein, and others who collectively provided the financial resources that supported championship-caliber basketball operations. Under Grousbeck’s stewardship, the Celtics won the 2008 NBA Championship with the “Big Three” of Paul Pierce, Kevin Garnett, and Ray Allen. The franchise also won the 2024 NBA Championship, defeating the Dallas Mavericks in five games — a title that represented a closure for a franchise that had reached the Finals but come up short multiple times in the years between.
Bill Chisholm, who led the buying group, is a private equity executive with significant experience in investment management. The NBA approved the sale following the league’s standard process of reviewing prospective ownership groups. The Celtics play their home games at TD Garden in downtown Boston, sharing the arena with the NHL’s Boston Bruins. TD Garden has been the Celtics’ home since 1995 and sits near North Station, making it one of the most conveniently located arenas in professional basketball.
About the Celtics’ Championship Legacy
The Boston Celtics are the most decorated franchise in NBA history in terms of total championships, having won 18 titles — including an extraordinary stretch of eight consecutive championships from 1959 to 1966 during the Bill Russell era. The franchise has also counted Larry Bird, Bob Cousy, John Havlicek, Dave Cowens, and Kevin McHale among its all-time greats. In more recent history, the Celtics have been consistent playoff contenders, reaching the NBA Finals in 2010, 2022, and 2024, winning the championship in 2024. The franchise’s storied history makes the Celtics one of the most valuable and recognizable brands in professional basketball globally.
Key Ownership Highlights
- New ownership group led by Bill Chisholm acquired the Celtics in 2024: Private equity executive Bill Chisholm led a group that purchased the Boston Celtics for approximately $6.1 billion in 2024, the largest NBA franchise sale in history at the time, from Wyc Grousbeck’s ownership group.
- Wyc Grousbeck led the franchise from 2002 to 2024: Managing partner Wyc Grousbeck oversaw more than two decades of Boston Celtics ownership, presiding over two NBA Championships (2008 and 2024) and building the franchise into one of the NBA’s premier organizations. His group purchased the team for $360 million in 2002.
- The Celtics won the 2024 NBA Championship: The Boston Celtics captured the 2024 NBA title, defeating the Dallas Mavericks in five games. It was the franchise’s 18th championship overall and a long-awaited second title for Grousbeck’s ownership era.
- The most decorated franchise in NBA history: The Boston Celtics have won 18 NBA Championships — more than any other franchise. Their dynasty in the Bill Russell era (11 titles in 13 years from 1957 to 1969) remains the greatest sustained run of excellence in professional basketball history.
- TD Garden is the team’s home: The Celtics play at TD Garden in downtown Boston, which opened in 1995 and also houses the NHL’s Boston Bruins. The arena seats approximately 19,000 for basketball and is consistently one of the loudest environments in the NBA.
Frequently Asked Questions
Who owns the Boston Celtics?
The Boston Celtics were sold in 2024 to a new ownership group led by private equity executive Bill Chisholm for approximately $6.1 billion, the largest NBA franchise sale in history. The franchise was previously owned by Wyc Grousbeck’s group since 2002.
Are the Boston Celtics publicly traded?
No. The Boston Celtics are a privately held franchise and are not listed on any public stock exchange.
How many NBA championships have the Celtics won?
The Boston Celtics have won 18 NBA Championships, more than any other team in NBA history. Their most recent title was in 2024, when they defeated the Dallas Mavericks in five games.
Who was the Celtics’ previous owner before the 2024 sale?
Wyc Grousbeck served as managing partner and led the ownership group that controlled the Boston Celtics from 2002 until the 2024 sale. His group paid $360 million for the franchise in 2002 and saw it grow to a value of approximately $6.1 billion at the time of the sale.
