Ownership shift in the Celtics: Wyc Grousbeck steps down as governor, according to recent reports
Boston Celtics Under New Ownership: Bill Chisholm Takes the Helm
After a historic sale for $6.1 billion in March, the Boston Celtics now have new owners at the helm. Bill Chisholm, a private equity mogul, has taken over as the new governor of the team, with the vision to maintain the Celtics’ prominence and competitiveness in the NBA.
Chisholm, who acquired at least 51% control, has shown a long-term commitment to preserving and growing the franchise’s value and competitive success. His vision for the Celtics underlines the team’s tradition of excellence as the NBA’s most-decorated franchise. While specific strategic plans or basketball operations directives have not been publicly detailed, Chisholm’s acquisition indicates a focus on sustainability and growth of the team’s historic success.
Wyc Grousbeck, whose group owned the Celtics for over two decades, resulting in two NBA championships and consistent playoff presence, has stepped down from overseeing basketball operations. Grousbeck will remain on as governor until 2028, but Bill Chisholm has made the decision for him to no longer serve in his role as governor of the Boston Celtics.
The new ownership group may have different ideas for the Celtics’ team-building strategy. Notable changes include the departure of Al Horford, Luke Kornet, and the trade of Jrue Holiday. With Jayson Tatum’s Achilles tear, the Celtics will be a play-in team next season, raising questions about their future plans for the 2027-28 season. It is uncertain if the Celtics will consider trading one of Tatum or Jaylen Brown to reload and build another contender around them.
Meanwhile, in Dallas, Miriam Adelson has become the new owner of the Mavericks, a change similar to the one in Boston. Mark Cuban, who was not retained for basketball operations after the sale, expressed his disapproval of a trade spearheaded by the new general manager, Nico Harrison.
As the new season approaches, the question now is what Bill Chisholm envisions for the future of the Boston Celtics team. Only time will tell how the new ownership group will shape the team’s strategy and continue the legacy built under Grousbeck’s tenure.
Bill Chisholm, the new governor of the Boston Celtics, aims to preserve and increase the franchise's value and competitiveness in the NBA, as they prepare for a new season. With Jayson Tatum's injury and changes in team-building strategy, the future plans for the 2027-28 season remain uncertain. The new ownership group may consider trading one of Tatum or Jaylen Brown to reload and build another contender around them. Meanwhile, the general sports world is following the NBA closely, as new owners take over teams like the Boston Celtics and Dallas Mavericks, and shape their team strategies for the upcoming season.
