"Lakers sale will be triple times this" - NBA fans react as Boston Celtics sale valued at $6.1 B goes through

The ownership of the current NBA champions, the Boston Celtics changed hands on Thursday morning as ESPN insider Shams Charania reported a deal valued at $6.1 billion.

The Celtics, the NBA's most successful franchise have been on the market since 2024 and were finally acquired by Bill Chisholm, a managing partner at Symphony Technology Group.

Fans reacted to the news of the reported sale on X (formerly known as Twitter):

"Lakers selling will be triple times this btw" - Said one fan

"I would’ve thought the Celtics with that history would go for much more than $6.1B" - Said another fan

"They better not pull a Dallas move and blow up the team." - Feared another fan

"Either Tatum or brown getting traded , new owners are not going to pay 2 max contracts" - predicted another fan

"Love to see a Boston guy buy the team. Understands the tradition of the team and gets the fan base. Should be a great situation keeping the team together and willing to spend to win" - Shared another fan

"So he gave up almost 90% of his net worth for a team??😂😂 that’s pretty dumb" - Said another fan

Boston Celtics governor Wyc Grousbeck to continue as team's CEO

Wyc Grousbeck the principal owner of the team revealed shortly after the announcement that he would be continuing in an administrative capacity as the team's CEO into the future.

"[William Chisholm has] asked me to run the team as CEO and Governor for the first three years, and stay on as his partner, and I am glad to do so" - Wyc Grousbeck

Grousbeck, who bought the team in 2002 for $360 million realised nearly 1595% in ROI, more than justifying his initial investment. Grousbeck's ownership group 'Banner 17' had an aspirational name, and a commitment to bringing back the Celtics to their glory days from the doldrums of the early 2000s.

23 years and two titles later, they leave with much credit in the bank, having overdelivered on their goals, helming the Celtics to their 18th title in 2024. Boston looks set to contend for the future led by their two homegrown superstars Jayson Tatum and Jaylen Brown. Many pundits speculate that this record-breaking sale will set the wheels of NBA expansion in motion and that the princely sum of $6.1 B could eventually turn out to be a bargain.