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The Boston Basketball Partners team, which was Started by Grousbeck, bought the Celtics for $360 million in 2002. The Grousbeck and Pagliuca-led possession group revitalized on the list of league’s premier franchises following a darkish period to the team during the 90s.
“Getting a co-Trader and handling husband franchise opportunities or wife on the Celtics continues to be an incredible honor as well as a labor of affection,” Pagliuca stated in an announcement. “I hope to be Section of the Celtics moving forward and can be described as a proud participant while in the bidding process which has been announced currently.”
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In an all-palms connect with Monday, Grousbeck told Celtics staff there isn't any plans to change everything to the business or basketball sides at this time, In accordance with just one person on the call.
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