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Boston Celtics Franchise Ownership History

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Boston Celtics Franchise Ownership History

3/21/25, 6:45 PM

Boston Celtics Franchise Ownership History

  • 1946-1950: The team was initially owned by the Boston Garden-Arena Corporation.

  • 1950-1964: Ownership transitioned to Walter A. Brown and Lou Pieri

  • 1964-1965: Following Brown’s passing, Marjorie Brown and Lou Pieri assumed control.

  • 1965-1968: Marvin Kratter became the owner.

  • 1968-1969: The franchise was owned by Ballantine Brewery.

  • 1969-1971: Trans-National Communications held ownership.

  • 1971-1975: Ballantine Brewery regained control.

  • 1975-1979: Robert Schmertz owned the team.

  • 1979-1983: Harry Mangurian Jr. took over ownership.

  • 1983-2002: Don Gaston, Alan N. Cohen, and Paul Dupee led the ownership group.

  • 2002-2025: The franchise was acquired by Wyc Grousbeck and his group, Boston Basketball Partners, for $360 million.

  • 2025-Present: In March 2025, Bill Chisholm, founder of Symphony Technology Group and a lifelong Celtics fan, agreed to purchase the team for a record-setting $6.1 billion.

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