In a surprising turn of events, Boston Celtics majority owner Wyc Grousbeck has announced that he is considering a sale of his stake in the franchise. The announcement came just weeks after the Celtics secured their 18th NBA championship in a thrilling finals against the Dallas Mavericks.

The team released a statement from Boston Basketball Partners L.L.C., the ownership group of the Boston Celtics, expressing their intention to sell all the shares of the team. The decision was made by the controlling family of the ownership group as part of their estate and family planning considerations.

While the majority interest in the team is expected to be sold in 2024 or early 2025, Grousbeck is expected to remain as the Governor of the team until a second closing in 2028.

The Boston Celtics franchise, valued at $4.7 billion according to Forbes in 2023, was originally purchased by Grousbeck and an investment group in 2002 for $360 million. Under their ownership, the Celtics have won two championships and made four appearances in the NBA Finals.

The recent triumph in the NBA Finals saw the Celtics finish the regular season with an impressive record of 64-18, securing the top seed in the playoffs. They then defeated the Miami Heat, Cleveland Cavaliers, and Indiana Pacers to advance to the finals, where they ultimately emerged victorious in five games against the Dallas Mavericks.

Following the championship win, Grousbeck expressed his desire to continue building the team for the upcoming season. He noted the excitement of designing a championship ring and the anticipation of raising the banner in October.

The Boston Celtics' 18th NBA title surpassed the Los Angeles Lakers, establishing them as the franchise with the most championships in league history.

As the future of the Boston Celtics ownership hangs in the balance, fans and basketball enthusiasts alike will be eagerly awaiting further news regarding the potential sale of the franchise.