Wyc Grousbeck Steps Down as Celtics Governor Amid $6.1B Sale
BREAKING: Wyc Grousbeck will no longer serve as governor of the Boston Celtics following the team’s $6.1 billion sale to Bill Chisholm, sources confirm to ESPN. This significant change comes just days after the NBA’s Board of Governors was notified that Chisholm will take over the governor title, effective immediately.
Grousbeck is expected to retain his position as CEO and serve as an alternate governor after the completion of the sale, which is anticipated to finalize within the next week. This marks a shift from earlier statements made in March, when Grousbeck was set to remain in his dual roles through 2028.
The Boston Celtics, a franchise with a storied history of 18 NBA championships, were purchased by Grousbeck and his group in 2002 for $360 million. Grousbeck had previously expressed his intention to stay on during the transition, saying he was “glad to do so.” However, the latest developments indicate a restructuring of leadership as Chisholm and his wife, Kimberly, prepare to take a hands-on approach in the Boston community.
This decision is a pivotal moment for the franchise, which ranks among the most successful in North American sports history, trailing only the New York Yankees and Montreal Canadiens in overall championships.
As the news unfolds, fans and stakeholders are closely monitoring how this leadership change will impact the Celtics’ future direction and community engagement efforts. With the sale nearing completion, the basketball community is buzzing with anticipation over Chisholm’s plans for the iconic franchise.
Stay tuned for more updates as this story develops, and follow the Boston Celtics as they embark on this new chapter.
