Boston Celtics governor Wyc Grousbeck will be stepping down from his role following the franchise’s record-breaking $6.1 billion sale to businessman Bill Chisholm, according to reporting from Shams Charania.
Grousbeck, who had been slated to continue as governor through 2028, will officially hand over the position to Chisholm once the sale is finalized. The transaction marks one of the highest valuations in professional sports history and represents a new chapter for the storied NBA franchise.
During Grousbeck’s tenure, the Celtics cemented their status as one of the league’s premier organizations, capturing the 2008 NBA Championship and consistently contending in the Eastern Conference. Chisholm’s takeover is expected to bring both continuity and fresh investment to the team’s long-term ambitions.
League approval is pending, but sources indicate that the transition is expected to proceed smoothly, with Chisholm already working closely with team leadership on strategic priorities.
For Celtics fans, the move signals the end of a significant era — and the start of a potentially transformative one under Chisholm’s ownership.