The Celtics were previously owned by the Grousbecks, but have officially been sold to Bill Chisholm. The Celtics have been owned by the Grousbecks and their ownership group, Boston Basketball Partners L.L.C., since 2002. In that time, they have seen the team win two championships over the last 23 years.

This article was originally published on www.si.com/nba/celtics as NBA Insider Provides Insane Stat That Proves Celtics Will Have Difficult Time Competing This Year. The 2025-26 Boston Celtics are dealing with a critical deficit in one key arena.

Detroit Pistons' NBA Cup schedule for the 2025 season has been released, with 76ers and Magic visiting as part of the league's in-season tournament.

Grousbeck, who is selling the franchise to a group led by Bill Chisholm, was originally set to remain in place until 2028

Per senior ESPN reporter Ramona Shelburne in a recent social media post, "while Bill Chisholm will technically be the Celtics Governor, he and ... Grousbeck plan to run the team together as originally planned." This will have Chisholm as the team's official governor and Grousbeck serving as an alternate governor, according to Shelburne.

Wyc Grousbeck is no longer the governor of the Celtics, according to ESPN. When the team was sold to Bill Chisholm for a record $6.1 billion earlier this year, it was announced that Grousbeck would remain in his role through 2028. In an interview back in April, Grousbeck talked about his commitment to the team going forward. Via MassLive:

The NBA officially has signed off on the sale of the Celtics to Bill Chisholm and his partners. The league announced Wednesday that its Board of Governors “unanimously approved the sale of the controlling interests in the Boston Celtics to an investor group led by Bill Chisholm.”

Former Boston Celtics owner Wyc Grousbeck will no longer stay on as governor after selling the team to Bill Chisholm, ESPN's Shams Charania reported Tuesday.

Marks shared a graphic showing how much money the Celtics have shaved off their payroll. Their projected salary and luxury tax went from $540 million to $239 million, meaning they saved over $300 million this offseason. Their payroll was cut by more than half, as Marks also added the caption, “A summer of savings and reshaping their roster.”

After trading away Georges Niang to the Utah Jazz, the Boston Celtics have found his replacement in this long-time Toronto Raptors forward.