Report: Wyc Grousbeck is no longer staying on as Celtics governor

By Khari A.

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Bill Chisholm, who paid a then-record $6.1 billion dollars to buy the Celtics , will assume the title of team governor, according to ESPN.

Wyc Grousbeck, who had planned on staying in the role through 2028, will not stay on after the sale is completed.

A source tells ESPN that Grousbeck is expected to retain the CEO title, and remain an alternate governor, after the sale is complete.

Grousbeck had said publicly, on multiple occasions, that he wanted to stay on as governor for a few more years.

Its not immediately clear what has changed in the plan for the Celtics ownership group.

Its the end of a lengthy era for Grousbeck, who has been at the forefront of the teams dealings since 2002 when he and his father put together a group of investors to purchase the team.

The Celtics won two championships during that span, one in 2008, and one in 2024.

The Kevin Garnett and Ray Allen trades, the rebuild after trading Garnett and Paul Pierce to Brooklyn, and the drafting of Jayson Tatum and Jaylen Brown all happened during the Grousbecks time as owners.

Wyc Grousbeck will no longer stay on as governor as part of the Boston Celtics' $6.1 billion sale to Bill Chisholm, sources tell me and @ramonashelburne .

Plan had been for Grousbeck to remain through 2028.

Chisholm assumes governor title and the transfer will be finalized soon.

The Celtics have made six of the last nine Eastern Conference Finals.

The odds of another deep playoff have shifted this year after Jayson Tatum ruptured his Achilles tendon and the team traded Kristaps Porzingis and Jrue Holiday.

The Celtics retained a core of Brown, Derrick White, and Payton Pritchard.

They hope to reposition themselves as contenders upon Tatums return.

The sale is expected to be finalized soon, according to the ESPN report.

The Lakers, which were sold for $10 billion, have since eclipsed the Celtics as the most expensive deal for a North American sports team in history.

Khari A.

Thompson Khari Thompson covers professional sports for Boston.com.

Before joining the team in 2022, Khari covered college football for The Clarion Ledger in Jackson, Miss.

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