The Boston Celtics have put a majority stake up for sale, signaling a transition in ownership. Governor Wyc Grousbeck has expressed intentions to remain involved during a transitional phase post-sale. Despite this, some analysts, including ESPN's Tim Bontemps, are skeptical about the feasibility of Grousbeck's continued influence after a sale, citing past examples in the NBA. The sale anticipates a majority transfer in late 2024 or early 2025, with full completion expected by 2028, during which Grousbeck aims to assist in the transition while prioritizing the team's future success.
"Well, it's all playing out now so I can't say much about it. But the general idea is that we're going to have a good period of staying in and then transitioning and trying to do the best thing for the Celtics. We think that might be the right way to do it."
If somebody pays a massive price to take control of the Celtics, they're going to control the Celtics."
"It's just hilarious," ESPN's Brian Windorst said of the proposal for Grousbeck to remain the controlling owner of the Celtics through 2028 on 'The Hoop Collective.'
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