Celtics
Wyc Grousbeck is predicted to stay the Celtics’ governor by way of the 2028 season.
Invoice Chisholm’s buy of the Celtics hasn’t been finalized but, however he’s had an energetic presence in workforce conferences this offseason. So has a key member of the possession group Chisholm is taking up for.
Celtics president of basketball operations Brad Stevens talked about the function that departing proprietor Wyc Grousbeck has had with the group this offseason when he was requested concerning the conversations he’s had with Chisholm.
“Wyc is clearly nonetheless the governor and has been clearly very, very energetic,” Stevens told reporters Saturday in Las Vegas.
When it was introduced that Chisholm’s group agreed to purchase the Celtics from the Grousbeck household in March, it was additionally shared on the time that Grousbeck would stay on because the workforce’s governor till 2028.
Nevertheless, whereas that settlement was in place, there was some skepticism over simply how a lot energy Grousbeck would have within the proprietor transition. As an illustration, Mark Cuban thought he had an analogous association when he offered his majority stake within the Mavericks late in 2023. However after Cuban mentioned he was nonetheless going to run the workforce’s basketball operations, Patrick Dumont changed him as governor in 2024. The Lakers are also going through a similar conundrum with Jeanie Buss after her household offered the workforce.
Some additionally puzzled if the Celtics’ resolution to right away minimize payroll this offseason was a mandate from the brand new possession group. Confronted with the potential of having to pay over $500 million in salaries and luxurious tax payments, Boston traded Jrue Vacation and Kristaps Porzingis to assist get underneath the second luxurious tax apron. It additionally let Luke Kornet stroll in free company, and the team expects Al Horford to do the same.
Earlier within the week, Stevens instructed reporters that cutting salary wasn’t a mandate from Chisholm, saying that the brand new proprietor “desires to make it possible for we’re prioritizing basketball belongings.” However Stevens admitted that he needed to get underneath the second luxurious tax apron as a result of roster-building penalties that include being above that tax line.
As Boston has already gone by way of quite a lot of change this offseason, Stevens shared that Chisholm has additionally had an energetic presence behind the scenes.
“I believe Invoice has been in just about each assembly or Zoom that we’ve had with the governors and possession and all the things else,” Stevens mentioned. “So, he’s been nice. I’m a giant fan and he’s obtained an effective way about him. I believe he’s very good. He loves the Celtics.”
Stevens additionally credited Chisholm’s mindset because the Celtics have needed to wade by way of some powerful waters over the past couple of months.
“He didn’t take over on the best of occasions if you discuss concerning the second apron points that we talked concerning the different day, and [Jayson] Tatum’s damage, and all the things else,” Stevens mentioned. “However he’s so level-headed and he’s obtained such a great way about him. I’m actually excited to have him round.”
Chisholm will quickly get to name himself the proprietor of the Celtics formally. The NBA’s Board of Governors is predicted to approve of his group’s buy of the workforce throughout Summer time League in Las Vegas this week, according to The Boston Globe‘s Adam Himmelsbach.
Chisholm’s group agreed to buy the Celtics’ majority stake from Wyc Grousbeck for a valuation of $6.1 billion in March, making it the richest sale of a franchise in North American sports activities historical past on the time. The sale of the Lakers broke that report in June, with Mark Walter buying the workforce for a valuation of $10 billion.
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