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.

New owner William Chisholm's investor group will lead the team and former owner Wyc Grousbeck will serve as team CEO.

Further details of the Celtics sale, including more co-owners, were released by the team following approval from the NBA's Board of Governors.

Current Boston Celtics owner Wyc Grousbeck will no longer serve as lead governor following the team's $6.1 billion sale, ESPN's Shams Charania reported Tuesday. New owner Bill Chisholm, a managing partner at Symphony Technology Group, will assume the title of lead governor.

The Boston Celtics announced the team's sale as the ownership transfers from long-time owner Wyc Grousbeck to Bill Chisholm. The Celtics sale is valued at $6.1

The Boston Celtics are officially under new leadership today, and it’s not just about a record‑setting price tag. The NBA Board of Governors has unanimously approved the $6.1 billion sale of the franchise to private equity executive and lifelong fan Bill Chisholm.

The Celtics have made it official with the leadership structure between new governor Bill Chisholm and longtime owner Wyc Grousbeck.

The sale of the Boston Celtics was finalized Tuesday, with Bill Chisholm taking over control of the NBA’s most-decorated franchise from Wyc Grousbeck.