The sale of the Boston Celtics has been finalized. Private equity mogul Bill Chisholm has taken control of the NBA’s most-decorated franchise from a group led by Wyc Grousbeck that had owned them for more than two decades.

William Chisholm’s investor group takes charge of the Boston Celtics franchise after unanimous decision by the NBA Board of Governors. Chisholm, who h

"We are committed to building on the legacy of the Celtics and raising banners," the new owner and governor of the team said.