Wyc Grousbeck to Remain Celtics Owner Until 2028

Boston Celtics owner Wyc Grousbeck announced that the sale of the franchise is underway, with significant interest from prospective buyers, although he declined to provide specifics on the process. Grousbeck plans to remain in charge for three more years, coinciding with the expected timeline for the majority ownership transfer, which aims to be completed by 2028. Despite the sale, he expressed confidence in the current roster's potential to contend for another championship this season. The team's high payroll, driven by star players like Jayson Tatum and Jaylen Brown, raises questions about the financial implications for potential buyers. Grousbeck also refuted rumors of family strife related to the sale and emphasized the focus on celebrating their recent championship with President Biden. Steve Pagliuca, a minority owner, has shown interest in acquiring the team but chose not to comment on his pursuit during the White House visit.