CENTER FIVE. ALL RIGHT. SHARMAN. THANK YOU. WE’RE OVER HERE BY THE SPORTS OFFICE. SO, DUKE, YOU HAVE LEARNED THAT THE CELTICS SALE, WHICH IS ABOUT TO GO THROUGH, IS ALSO GOING TO MEAN A BIG CHANGE IN THE LEADERSHIP OF THE TEAM. HUGE CHANGE. I’VE TALKED TO TWO DIFFERENT PEOPLE WITH DETAILED KNOWLEDGE OF THIS SITUATION. THE $6.1 BILLION SALE OF THE TEAM BEING FINALIZED ON THURSDAY. WHEN THAT HAPPENS, NEW OWNER BILL CHISHOLM WILL REPLACE WICK GROESBECK AS THE TEAM’S GOVERNOR. NOW, THE GOVERNOR GENERALLY HAS THE FINAL SAY ON TEAMS DECISIONS. THIS IS A BIG DEAL. WICK HAS BEEN ONE OF THE FACES OF LEADERSHIP OF THIS TEAM FOR OVER THE PAST 22 YEARS. HE WAS EXPECTED WAS TO STAY ON THROUGH GOVERNOR THROUGH THE 2027, 2028 SEASON. NOW, HE’S EXPECTED TO STAY ON AS THE CEO. VERY IMPORTANT HERE. CEO IS MORE LIKE A FIGUREHEAD. THE GOVERNOR IS WHO DECIDES THE FINAL THING. SO IF YOU WANT TO TRADE A STAR PLAYER, THE GOVERNOR HAS THE FINAL SAY. SO SHOULD WE READ ANYTHING INTO WHAT’S GOING ON BEHIND THE SCENES HERE OR. NO? YEAH. A WICK THOUGHT HE WAS GOING TO STAY ON AS THE DECISION MAKER AND THE FACE OF THE FRANCHISE, AND BILL CHISHOLM WAS GOING TO SIT IN THE BACKGROUND AND IT DIDN’T MAKE SENSE. NOW YOU’RE SAYING BILL CHISHOLM SAYI

The sale of the Boston Celtics will be finalized by the NBA on Thursday, and there will be a surprising leadership change at the top, SportsCenter 5’s Duke Castiglione has learned. William Chisholm, managing director and co-founder of Symphony Technology Group, will take ownership on Thursday after the $6.1 billion deal is finalized. While Wyc Grousbeck will continue in his role as CEO, he will relinquish the role of governor to Chisholm, Castiglione has learned. Grousbeck was expected to retain both roles through the 2027-28 NBA season when the deal was announced in March.The CEO is more of a figurehead, while the governor generally has the final say on NBA team decisions. Chisholm grew up in Georgetown, Massachusetts, and is a Dartmouth College graduate.”(Chisholm) is born and raised here, so it really helps,” Grousbeck said in March. “I think it helped him make his bid the best bid, because he really wanted this. As he said, he bleeds green. So, when you get to know him, I think once the fans, all of us, really get to know him, we’re going to be really excited about it.”In July 2024, Grousbeck’s family announced they were selling their controlling interest in the team. Grousbeck led the group that bought the Celtics for $360 million in 2002. Under his ownership, the team won its 17th championship title in 2008 and brought home its 18th banner in 2024.Look back: Each of the Boston Celtics’ 18 NBA championshipsSymphony Technology Group is a California-based private equity firm. Chisholm previously co-founded The Valent Group and also worked at Bain & Company and PaineWebber.

The sale of the Boston Celtics will be finalized by the NBA on Thursday, and there will be a surprising leadership change at the top, SportsCenter 5’s Duke Castiglione has learned.

William Chisholm, managing director and co-founder of Symphony Technology Group, will take ownership on Thursday after the $6.1 billion deal is finalized.

While Wyc Grousbeck will continue in his role as CEO, he will relinquish the role of governor to Chisholm, Castiglione has learned. Grousbeck was expected to retain both roles through the 2027-28 NBA season when the deal was announced in March.

The CEO is more of a figurehead, while the governor generally has the final say on NBA team decisions.

Chisholm grew up in Georgetown, Massachusetts, and is a Dartmouth College graduate.

“(Chisholm) is born and raised here, so it really helps,” Grousbeck said in March. “I think it helped him make his bid the best bid, because he really wanted this. As he said, he bleeds green. So, when you get to know him, I think once the fans, all of us, really get to know him, we’re going to be really excited about it.”

In July 2024, Grousbeck’s family announced they were selling their controlling interest in the team. Grousbeck led the group that bought the Celtics for $360 million in 2002. Under his ownership, the team won its 17th championship title in 2008 and brought home its 18th banner in 2024.

Look back: Each of the Boston Celtics’ 18 NBA championships

Symphony Technology Group is a California-based private equity firm. Chisholm previously co-founded The Valent Group and also worked at Bain & Company and PaineWebber.