Two weeks after guiding the Boston Celtics to an NBA record 18th championship, the franchise’s owners are ready to cash out.
Boston Basketball Partners, the ownership group fronted by Wyc Grousbeck, announced Monday its intention to sell “a majority interest” of the franchise by “early 2025” and to close on a sale of “all the shares” in 2028. Grousbeck, a venture capital executive who led the purchase of the Celtics for $360 million in 2002, plans to remain as the franchise’s governor until 2028.
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