Wyc Grousbeck is out as the controlling governor of the Boston Celtics according to ESPN’s Shams Charania and Ramona Shelburne.
When he first put the team for sale on July 1st, 2024, Grousbeck said he hoped to control the team through the 2027-28 season even after the sale was completed. In the press release of the sale in March, the team announced that Grousbeck would have control through the 2027-28 season.
Chisholm agreed to pay $6.1 billion for the team when the sale was agreed to in March. He will now take over full control of the Celtics when the transfer is approved by the NBA’s Board of Governors within the next couple of weeks. Per the Globe’s Adam Himmelsbach, Grousbeck will remain with the team as an alternate governor and CEO until 2028.
My two cent:, this isn’t a huge surprise. Chisholm was always going to be the final decision maker regardless of who was tabbed as the governor of the team because he is going to be writing the checks. I am sure Grousbeck saw that writing on the wall and decided to just hand the title of governor over as well.
CelticsBlog alum Keith Smith, put it best:
Thus, this puts to bed the Grousbeck era where the Celtics won two titles, made the Finals four times and only missed the playoffs twice since 2007. It ushers in a new era with new ownership that Celtics fans can only hope will be as successful as the last one.
