The Boston Celtics franchise is being sold for six-point-one-billion-dollars. 

If approved by the NBA Board of Governors, Massachusetts native William Chisholm, a co-founder of California-based Symphony Technology Group will be the new owner.  He describes himself as a "die-hard" Celtics fan. 

Team co-owner Steve Pagliuca said he is "saddened" that the fully guaranteed and financed offer he submitted with partners was not accepted.