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

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.

The ownership group led by Bill Chisholm has officially taken control of the team, and circulated a release to that effect with the team Tuesday.