Celtics Owner Wyc Grousbeck Considers Selling Franchise After 2024 Championship Win

November 22, 2024
Celtics Owner Wyc Grousbeck Considers Selling Franchise After 2024 Championship Win
  • The Celtics recently celebrated their 2024 championship victory with a visit to the White House, where they were honored by President Joe Biden.

  • Since acquiring the Boston Celtics in 2002 for $360 million, Wyc Grousbeck has transformed the franchise into a major sports brand, significantly increasing its value and leading the team to two additional championships.

  • Amidst this success, Grousbeck hinted at the possibility of selling the franchise, noting there is considerable interest but withholding specific details about the sale process.

  • Looking ahead, Grousbeck's departure from day-to-day operations is scheduled for 2028, marking the end of his long tenure with the team.

  • The announcement of the Celtics' potential availability for purchase has taken the basketball community by surprise, particularly given their recent championship win.

  • Despite the speculation around a sale, Grousbeck confirmed that he plans to remain as the team's governor for at least three more years, aligning with the timeline of his initial sale announcement.

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Celtics Owner Comments On Possible Sale Of Team

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