UPDATE: In a significant shift following the Boston Celtics’ $6.1 billion sale to Bill Chisholm, Wyc Grousbeck will no longer serve as the team’s governor, sources confirm to ESPN. This news comes just days after the NBA’s Board of Governors was informed of Chisholm taking over the title.
Grousbeck, who is expected to retain his role as CEO and will serve as an alternate governor post-sale, initially announced in March that he would remain as both governor and CEO through 2028. However, the recent developments indicate that Chisholm’s leadership will officially begin as the deal wraps up in the next week.
The Celtics, a franchise with a storied history of 18 NBA titles, are undergoing this monumental transition as they prepare for a new era under Chisholm, whose family is taking a hands-on approach to community engagement in Boston. Grousbeck, who led the Celtics’ ownership group that purchased the team for $360 million in 2002, expressed his readiness to support Chisholm’s vision.
Chisholm’s takeover marks a pivotal moment for the franchise, which trails only the New York Yankees and Montreal Canadiens in championship titles among North American professional sports leagues. Grousbeck’s contributions have been instrumental in the Celtics’ legacy, and his transition will be closely watched by fans and analysts alike.
As the sale nears completion, the basketball community is eager to see how these changes will impact the team’s future dynamics. Fans are encouraged to stay tuned for further updates as this story develops.
This urgent update highlights not only a change in leadership but also a new chapter for one of the NBA’s most iconic franchises. The upcoming weeks will be critical as Chisholm and his team take the reins and outline their vision for the Celtics moving forward.