Wyc Grousbeck
American entrepreneur (born 1961) From Wikipedia, the free encyclopedia
Wycliffe K. Grousbeck (born June 13, 1961) is an American entrepreneur, who was the front-facing owner of the Boston Celtics of the National Basketball Association from 2002 to 2025.
Wyc Grousbeck | |
|---|---|
.jpg) Grousbeck at the White House in 2024 | |
| Born | Wycliffe K. Grousbeck June 13, 1961 Worcester, Massachusetts, U.S. |
| Alma mater | Princeton University (B.A.) University of Michigan (J.D.) Stanford Business School (M.B.A.) |
| Spouse | Emilia Fazzalari (m. 2017) |
| Children | 2[1] |
| Parent(s) | H. Irving and Sukey Grousbeck |
| Basketball career | |
| Boston Celtics | |
| Position | Majority owner
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| Career highlights and awards | |
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Early life and education
Grousbeck was born in Worcester, Massachusetts and graduated from Noble and Greenough School in Dedham, Massachusetts. He attended Princeton University, B.A. in history in 1983, and rowed on the 1983 undefeated lightweight crew team that claimed the Ivy League and National rowing championship. He received a J.D. degree from the University of Michigan in 1986 and an M.B.A. in 1992 (Miller Scholar) from the Stanford Graduate School of Business.[2]
Career
Summarize
Perspective
After spending seven years as a partner at the venture capital firm, Highland Capital Partners, Grousbeck founded and led the group, Boston Basketball Partners L.L.C., that bought the Boston Celtics for $360 million in 2002.[3] During his time as majority owner, the Celtics would go on to win two more championships in 2008 and 2024. After their second win in 2024, Grousbeck and his family revealed their intention to sell their majority stake in the franchise, and on March 20, 2025, he announced the sale for a record setting $6.1 billion to Bill Chisholm, a managing partner of Symphony Technology Group.[4]
Besides the Celtics, Grousbeck has had numerous other business ventures. In 2010, Grousbeck became Chairman of the Massachusetts Eye and Ear Infirmary (MEE), a research and clinical hospital specializing in blindness and deafness research.[5] He instituted and led a capital campaign that raised $250 million for MEE, and led them to join Mass General Brigham medical system.[6][7] In 2013, Grousbeck co-founded Causeway Media Partners, LP, a growth equity partnership managing over $330 million, investing in sports technology and media companies such as Omaze, Inc., Zwift, FloSports, Freeletics, Formula E Racing, and SeatGeek.[8]
Personal life
Grousbeck married Emilia Fazzalari in 2017.[9] The couple joined with fellow NBA owners Michael Jordan, Jeanie Buss and Wes Edens to fund Cincoro Tequila, which launched in September 2019.[10]
In 2022, Princeton University opened a new dormitory, Grousbeck Hall, which was funded through a donation from the Grousbeck family.[6][11]
The 2023 NBC sitcom Extended Family is loosely based on Grousbeck, his wife, and her ex-husband (a lifelong Celtics fan).[12]
References
External links
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