Latest News for: wyc grousbeck

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Celtics sale reportedly could face hurdle for NBA approval

The Record 26 Mar 2025
BOSTON, Mass ... “That is not allowed by the NBA, per regulations first established in 2021,” Primack wrote ... Beal, Jr. and Sixth Street. Wyc Grousbeck is set to remain in his role as the team’s CEO and governor until the two-phase sale finalizes in 2028.
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2025 NBA Mock Draft: Cooper Flagg at No. 1? No doubt. But who else is a first-round pick?

Yahoo Daily News 26 Mar 2025
2. Utah Jazz. Dylan Harper, G, Rutgers ... 4 ... 7 ... 11 ... Following the sale of the franchise, outgoing Celtics owner Wyc Grousbeck has been open about how second-apron penalties, not rising luxury tax penalties, are what will force the team to make some changes ... .
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How Bill Chisholm shocked even partners at his own firm with Boston Celtics bid — ...

New York Post 25 Mar 2025
But people who know Chisholm and bankers representing the current owners, the father-and-son team of Irv and Wyc Grousbeck, say he meets all of the league’s requirements ... Celtics owner Wyc Grousbeck and minority owner Steve Pagliuca in 2012.
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Celtics sale sets sports record as Chisholm buys team for $6.1 billion

Beijing News 24 Mar 2025
Wyc Grousbeck, who led the group that bought the Celtics for $360 million in 2002, will stay on as CEO for three more years at Chisholm's request. Grousbeck praised Chisholm as a passionate Celtics fan ...
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Tom Brady celebrates Bruce Beal Jr.’s entry into NBA ownership as part of record-breaking Boston Celtics deal

The Times of India 23 Mar 2025
... (@MadelaineDizon) Wyc Grousbeck, who led the charge in acquiring the Celtics for $360 million back in 2002, will remain the team's governor until the 2027-28 season to help with a smooth transition.
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Celtics owner Wyc Grousbeck makes bold prediction about NBA's second apron after selling team

CBS Sports 22 Mar 2025
On Friday, a day after the Boston Celtics' ownership group agreed to sell the team to Bill Chisholm for $6.1 billion, current owner Wyc Grousbeck addressed the biggest issue that the franchise is facing.
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Celtics Governor Says No Team Will Stay In Second Apron Over 2 Years, Dampening Dynasty ...

The Capital Journal 22 Mar 2025
Wyc Grousbeck predicts no NBA team will survive more than two years in second-apron territory ....
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'Talks held' with Everton owner Dan Friedkin over potential purchase of new team

Yahoo Daily News 22 Mar 2025
The storied basketball team was eventually sold by Wyc Grousbeck to Massachusetts-based private equity executive William Chisholm for a record $6.1billion sum, the highest price ever paid for a US sporting team ... READ MORE ... READ MORE ... .
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Wyc Grousbeck addresses possibility of new Celtics arena after franchise sale

Boston Herald 21 Mar 2025
Outgoing majority owner Wyc Grousbeck believes that’s a possibility ... Grousbeck’s opinion on the subject, however, won’t ... That place is second to none,” Grousbeck said on WEEI.
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New Celtics owner Bill Chisholm wants to 'raise banners.' What to know

The Patriot Ledger 21 Mar 2025
Bill Chisholm and Wyc Grousbeck got the chance to address the public on the most expensive sale of a sports team in history, at $6.1 billion, in an interview conducted by NBC Sports Boston's Chris Forsberg ... Wyc Grousbeck on the Celtics sale.
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Boston Celtics to be sold for record $6.1 billion to group led by private equity mogul

Manila Bulletin 21 Mar 2025
Wyc Grousbeck, whose family leads the ownership group that bought the team in 2002 for $360 million, said Chisholm asked him to stay on as CEO and Governor for the next three seasons, “and I am glad to do so.”.
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NBA’s Boston Celtics sold to private equity mogul Bill Chisholm for record-setting $6.1 billion

The Vindicator 21 Mar 2025
Wyc Grousbeck, whose family leads the ownership group that bought the team in 2002 for $360 million, said Chisholm asked him to stay on as CEO and Governor for the next three seasons, “and I am glad to do so.”.
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Three biggest questions facing Celtics after sale to William Chisholm

Boston Herald 21 Mar 2025
Wyc Grousbeck said when his family put the team up for sale last summer that he planned to remain on as team governor until 2028, and the announcement of the pending sale to Chisholm’s group echoed that.
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NBA's Boston Celtics sold for record $6.1 bn

Urdu Point 21 Mar 2025
... for $360 million in 2002.</p><p> Wyc Grousbeck will continue in his roles of chief executive officer and Governor, overseeing team operations, through the 2027-28 season.</p> .
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