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

There were concerns that he might not return after his contract was up, and his status in terms of health was unclear after a knee injury.

The Celtics have made it official with the leadership structure between new governor Bill Chisholm and longtime owner Wyc Grousbeck.

Bill Chisholm is now the owner of the Boston Celtics, the team announced on Tuesday morning. Chisholm, a longtime Celtics fan with professional roots in private equity, reportedly agreed to a deal to purchase the team last March that was approved by the NBA’s Board of Governors last week.