AA-Sport > Basketball > Change of mind! Shams: The former boss of the Celtics will no longer serve as a director. He planned to remain in office until 28 years!
Change of mind! Shams: The former boss of the Celtics will no longer serve as a director. He planned to remain in office until 28 years!
August 12th According to famous reporter Shams, as Chisholm acquired the Boston Celtics for $6.1 billion, former boss Wake Grosbeck will no longer serve as the team's director.
The previous plan was that Grosbeck remained in office until 2028. Chisholm will take over as his new team director, and the transfer of power is expected to be completed soon.
According to additional reports by Brett Siegel, Grosbeck will continue to serve as the team's CEO and substitute president.
Last summer, weeks after the Celtics won the 2024 NBA championship, the Grossbeck family announced that it would sell the Celtics for legacy planning. After months of searching for a new owner, Chisholm eventually became a new buyer. The Celtics sold for $6.1 billion, setting a record at the time, and throughout the sale, Grossbeck apparently wanted to retain the position of president during the transition period. This was also part of the deal when the sale was announced.
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