Wyc Grousbeck expressed his dedication to ensuring a successful transition of ownership, stating, "My father [Irv] and I feel a responsibility and an honor to be able to find a great buyer for the team." This quote highlights the personal commitment the Grousbecks feel toward the future of the franchise and their desire to maintain its legacy while finding a suitable successor.
The sale process, according to Grousbeck, is "gearing up and about to hit full speed," indicating that the Grousbecks are actively moving forward with selling their majority stake in the Celtics. This underlines the seriousness of the decision following their recent championship win.
With the franchise's expenses, including large contracts for star players, impacting their decision, Grousbeck opted not to confirm this reasoning, instead focusing on family unity by stating, "We're operating as a 'unified team.'" This showcases the complexities behind the motives for the sale.
The Grousbeck family intends to sell 51 percent of its shares initially, with the process expected to conclude by 2028, further illustrating a staged approach to this significant transaction in the future of the team.
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