Report: Boston Celtics likely to close $6.1B sale of team within next 2 weeks

An ownership group led by Bill Chisholm agreed to buy the iconic Boston Celtics organization back when the 2024-25 season was still going strong. Fast forward to current day and the dog days of the offseason in full swing, the Celtics still have yet to close the sale of the team.

It seems like people should expect Boston to finally close the mammoth $6.1 billion sale sooner rather than later. One report indicates that the Celtics are likely to do so within a fortnight.

“The sale of the Boston Celtics to William Chisholm will likely close late next week or early the following week, according to three people familiar with the details who were not authorized to speak publicly,” Kurt Badenhausen and Scott Soshnick wrote.

“The deal still needs approval from the league’s board of governors, who comprise the 30 team owners. The vote can occur remotely and does not require a league meeting.”

Chisholm is set to inherit a Celtics team that has been in a state of flux for a few months now. After forward Jayson Tatum went down with an Achilles injury in Boston’s second-round series against the New York Knicks in the 2025 NBA Playoffs, it had a ripple effect on the team’s short-term aspirations.

Before Tatum went down, the Celtics looked like they were in a prime position to compete for titles for years to come. But the Celtics have done a whole lot of penny pinching this offseason and are a lot less talented on paper as a result. Two pillars to Boston’s title team in 2024 — guard Jrue Holiday and big man Kristaps Porzingis — have been traded elsewhere, and all signs point to the team losing Al Horford in free agency as well.

Boston even dumped forward Georges Niang’s salary in a trade recently, and he’s set to make just $8.2 million in the 2025-26 season. It’s a sign that the Celtics are focused on positioning themselves for the future and when Tatum is healthy and back on the court.

It makes sense that the Celtics have been trying to cut costs now that they’re theoretically out of title contention in light of Tatum’s injury, but if the new ownership group doesn’t show a real willingness to spend when he comes back, that could prove to be a major hit to the team’s title aspirations for years to come. Hopefully, Chisholm will put his money where his mouth is as the owner of the Celtics and be willing to spend whatever is necessary to build a perennial title contender.