The NBA Board of Governors unanimously approved the sale of the Celtics to a group led by private equity mogul Bill Chisholm, a deal that values the franchise at more than $6.1 billion — the largest ever for an American professional sports team.
Tom Dundon, owner of the NHL’s Hurricanes, has agreed to buy the NBA’s Trail Blazers for more than $4 billion and keep the team in Portland, sources told ESPN.
Michael Porter Jr., whose brother Jontay was banned from the NBA in 2024 for his role in a gambling scheme, says the expansion of sports betting has detracted from the integrity and enjoyment of the game “and it’s only going to get worse.”