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Celtics Sale Sparks Bidding War, Valued at $5.66B

3/13/2025

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Summary

Story summary

The Boston Celtics are drawing intense interest from four bidders: Steve Pagliuca, the Friedkin Group, Stan Middleman, and William Chisholm. With the franchise valued at a staggering $5.66 billion, this sale is poised to break records. Initial bids were submitted in January, and revised offers are on the horizon, leading to a two-stage sale beginning in 2025.

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Story summary

The Boston Celtics are drawing intense interest from four bidders: Steve Pagliuca, the Friedkin Group, Stan Middleman, and William Chisholm. With the franchise valued at a staggering $5.66 billion, this sale is poised to break records. Initial bids were submitted in January, and revised offers are on the horizon, leading to a two-stage sale beginning in 2025.