Months of evaluation and months of discussion. After days of bidding and speculation, the deal is finally done. Boston Basketball Partners LLC has agreed to sell the Boston Celtics to an investor group led by Boston native and devoted fan William Chisholm. Pending NBA approval, this marks the end of an era. Wyc Grousbeck, who has been at the heart of the franchise, will remain CEO and Governor, guiding the team through the 2027-28 season.
A chapter closes, but his leadership isn’t over just yet. The green legacy shifts hands, but the spirit of the Celtics stays the same—driven, passionate, and unwavering. The Boston Celtics, a powerhouse in the NBA, have always been bigger than their numbers. Yet, as a tenant in their own arena with limited media stakes, questions loomed—would they sell for more or less than $6 billion?
Now, the answer is clear. This deal, carrying a staggering $6.6 billion valuation as per Sportico’s reports, shatters records, surpassing the $4 billion mark set by the Phoenix Suns’ sale. It’s history in the making. But beyond the figures, it’s the end of an era—Wyc Grousbeck passing the torch of a franchise built on legacy, passion, and 17 banners.
This is a developing story…
The post Why Did Wyc Grousbeck Sell Boston Celtics? The Truth Behind Billionaire Owner’s Decision Who Racked Massive $5.64 Billion Profit appeared first on EssentiallySports.
