HoopsHype Wyc Grousbeck rumors

June 26, 2013 Updates
June 16, 2013 Updates
June 11, 2013 Updates
May 23, 2013 Updates

"Our indications are that Doc’s coming back," said Wyc Grousbeck, Celtics' owner. "Typically, and it’s probably similar to Kevin Garnett, as an example, everybody is tired, burnt out, frustrated -- I mean, losing to the Knicks is something I never wanted to experience in my life... Everybody gets time to unwind and decompress. I expect Doc is going to help Danny with the draft workouts, I expect he’s going to be in the war room on June 27th when all the drafts and trades -- if any -- are made. And then over the free-agency period, a week or two after that. So between now and July 15th, there’s a lot of work to do to put the team together for next year. And I expect Doc’s going to be there for that." ESPN.com

"We don’t feel like we have a championship team [at the moment]; It’s pretty obvious, we lost in the first round," said Grousbeck. "We have to see who is with us, we have to see what offers there are for people, we’ve got to decide what to do. It might be a multi-year plan. We’ve never intentionally lost games and we don’t intend to trash things now. We've got players -- [Rajon] Rondo, [Avery] Bradley, [Jeff] Green, [Jared] Sullinger, Brandon Bass, the younger guys are not going to let us win the lottery anyway. That’s a good roster. We hope that Paul [Pierce] and [Kevin Garnett] are back with them and we hope we can reload along the way. ESPN.com

"I want to retire Paul’s number, but I don’t want to do it any time soon because I want him to keep playing for us, to be honest," said Grousbeck. "I want KG back. I want Doc back. I’d love to have Rondo back. I just want to get them more help, that’s my going-in assumption." ESPN.com

April 28, 2013 Updates

The 12 owners on the NBA's relocation/finance committee will make the recommendation on the future of the Kings: • Peter Holt, Spurs (chairman of the board of governors) • Micky Arison, Heat • Clay Bennett, Thunder • Jeanie Buss, Lakers • James Dolan, Knicks • Wyc Grousbeck, Celtics • Ted Leonsis, Wizards • Greg Miller, Jazz • Robert Sarver, Suns • Herb Simon, Pacers • Larry Tanenbaum, Raptors • Glen Taylor, Timberwolves Sacramento Bee

April 16, 2013 Updates

“It wasn’t going to feel right to play a basketball game tonight just out of respect, and then out of diverting police resources in any way to playing a game. I’d rather personally have them able to work on the crime scene and help care for anybody who needs help in Boston as opposed to helping patrol our game. It just didn’t feel right at all to be playing tonight. It was an easy decision, which we made together.” WEEI.com

March 14, 2013 Updates

In 2006, the Blazers fined Telfair after he left a loaded gun on the team's plane. One year later, at the end of his season with the Celtics, he was arrested on a gun possession charge in the early morning after he was pulled over for speeding on a suspended license. Wyc Grousbeck, the Celtics' managing partner, removed Telfair's nameplate from his locker and all but promised that the team would cut ties with him. Telfair admits that he couldn't begin to understand the mistake he had made. "I was stupid," he says. "I was thinking, I'm not trying to hurt nobody, I'm not going to kill nobody, rob no bank ... you don't understand what you're doing wrong, and as a basketball player, certain things are just not accepted. Certain things society is not going to accept from a basketball player. So if you can't take that, you can't be a pro. I really haven't had any trouble with the law, and then I got in that situation. And it put me in a bad situation. It took a lot for me to dig myself out of that." Why did he have the gun? "For no particular reason or particular situation," he says. "Just having it, being dumb. ... If I was thinking about, I want to make sure I'm getting a contract and be an All-Star, [then] for no reason would I have a weapon, at no point in time." SI.com

February 26, 2013 Updates
January 23, 2013 Updates

“I just turned down a ridiculous number for this team,” Grousbeck says before we head down to our seats, unable to contain himself. How ridiculous? He’s a dealmaker, a longtime private equity guy, and he knows we’re in the middle of doing FORBES’ annual valuations of NBA teams, so of course he’ll whisper it but won’t say on the record and won’t disclose who made the offer. But if it had worked out, he insists, it would have dwarfed the $360 million he and a group of investors, including fellow private equity pal Steve Pagliuca, paid for the team back in 2002. Pushed, Grousbeck offers this: “There are franchises in the NBA that will be worth a billion dollars,” he says. “If there aren’t already.” Forbes.com

Yet lead investors Grousbeck, 51, a former partner at Highland Capital, and Pagliuca, 58, a veteran of Bain Capital, insist that their team isn’t for sale. At least not yet. Grousbeck, who grew up in nearby Weston, Mass., is clearly a fan, one who discusses draft picks and all-star selections as easily as his latest cable deal with Comcast. He delights in marketing the team, a powerhouse brand that he snapped up during a dormant period, to his fellow New Englanders. Pagliuca, who has largely concentrated on the media business during his 30 years at Bain, where he still works, also likes tying himself to community affairs. Raised in Framingham, Mass., some 20 miles west of Boston, he’s made a play for the struggling Boston Globe and a run for Ted Kennedy’s Senate seat. Also a committed hoops junkie, Pagliuca once played as a walk-on at Duke University. Forbes.com

The boldest move was Garnett, who came in a trade from the Minnesota Timberwolves (with Ainge practically swindling his former teammate Kevin McHale, Minnesota’s GM) with two years remaining on a six-year, $126 million deal. After two subsequent extensions Boston will wind up paying the big man $140 million for eight seasons, until he’s 39. It’s risky. The club’s full executive committee reviewed the deal, seeing it as a make-or-break moment. “If it works, it’s a championship. If it doesn’t, it’s a financial burden,” Grousbeck says. “Every single guy said, ‘I’m in, and if anyone wants to be out I’ll do their piece’.'” Given Garnett’s central role in returning the Celtics to NBA glory and four years of consistent sellouts, it is working so far. “Winning after taking a risk makes it all the more fun,” he says. Forbes.com

July 9, 2012 Updates

Following are more highlights from the conversation. To hear the interview, go to the Mut & Merloni audio on demand page. Wyc Grousbeck: On Allen’s legacy: “Let’s put it this way, Red Auerbach told me personally and told players in front of me, ‘It’s the name on the front of the jersey, not on the back.’ I think Ray always put the Celtics first and it was never about himself and I think if we’re going to be successful we have to keep doing it that way. We’re going to band together, we’re not going to cut down Ray Allen in any way. We’re going to say the name on the front of your jersey just changed, but you’re always a Celtic to us.” WEEI.com

June 20, 2012 Updates

Wyc Grousbeck: “I think having Rondo here [helps attract free agents], to be perfectly honest. If I were a basketball player … if I were thinking of coming here I would be thinking Rondo is going to deliver me the ball perfectly, he is going to steal and rebound and offensive rebound and I am going to have the ball right there and I could see my numbers going up if I was a numbers guy. So I think it is a great place to place to play basketball and I am optimistic that we are going to be able to recruit people here. I am very optimistic.” WEEI.com

April 17, 2012 Updates

And when this run is done, the Celtics will dive head first into an offseason when they could have some major salary cap space to spend. “I’m excited about the summer,” Grousbeck said. “I’m excited about next summer, too. I’m excited about the Celtics really. I think we’ve got a lot of possibilities in our future. Danny said to me that he’s been in front offices for something like 13 years — coach, general manager — and he’s never had cap space once. And I think that’s an angle that’s interesting. I said, ‘Maybe you should try it.’ ” Boston Herald

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