Celtics Owner
Celtics celtics owner wyc grousbeck and bucks co owner wes edens don t let competition get in the way of friendship.
Celtics owner. Pallotta is selling his eight percent stake to steve pagliuca a managing director at private investment firm bain capital in a deal that values the celtics at 2 8 billion 360aproko reported. In 2003 the celtics were sold by owner paul gaston to boston basketball partners l l c led by h. Former president barack obama and family are the new owners of an 11 75 million martha s vineyard estate purchased from boston celtics owner wycliffe grousbeck and his ex wife accor.
Report the sale highlights the value of the celtics a team considered to be among the nba s most valuable franchises. Boston celtics owner wyc grousbeck obviously was one of the many in favor of the plan and discussed why friday on felger mazz. Irving grousbeck wycliffe grousbeck and steve pagliuca.
Grousbeck born june 13 1961 is an american entrepreneur who is the majority owner and governor of the national basketball association s boston celtics. In history in 1983 and rowed on the 1983 undefeated lightweight. Our local ownership group the first local owners in decades is honored to accept this role and begin working with the team and the community to continue the winning tradition of the celtics on and.
Celtics minority owner to sell stake at this massive valuation. Celtics owner wyc grousbeck. The point that seemed the most fair is not to give a team that was lagging farther behind in the east and that was for example the charlotte hornets who are seven games back grousbeck said.
Boston celtics minority owner jim pallotta is cashing out his stake in the storied nba franchise according to a report friday. Grousbeck was born in worcester ma and graduated from noble and greenough school in dedham massachusetts he attended princeton university b a. Jaylen brown has been a key contributor for the boston celtics over the last three years but perhaps his biggest impact has been made off the court.
In the history of. Pagliuca is a celtics majority stakeholder and executive.