New Boston Celtics owner Bill Chisholm only outbid the second-highest bidder by $100 million in the blind auction that directly led to him purchasing the team. The phrase “only” and “$100 million” shouldn’t belong in the same sentence, but when the total figures are in the billions, that number quickly becomes very small in the grand scheme of things.
“But he almost didn’t win. Chisholm bought the Celtics at a $6.1 billion valuation but only outbid the second-place suitor by less than $100 million in the blind auction, two sources with knowledge of the bids said,” wrote Mike Vorkunov of The Athletic.