Selling a basketball team, an American PhD earned a profit of 147,000 billion VND

Mr. Grousbeck has run the Boston Celtics very successfully - Photo: NBC

Wycliffe K. Grousbeck, commonly known as Wyc Grousbeck, was born in 1961 in Worcester, Massachusetts, USA. He is an American businessman, best known for being the owner of the Boston Celtics basketball team from 2002 to 2025.

Mr. Grousbeck graduated from Princeton University in 1983 with a bachelor's degree in history, where he rowed on the light sculling team and won the national championship.

He then received his J.D. from the University of Michigan in 1986 and his MBA from Stanford Graduate School of Business in 1992, where he was named a Miller Scholar.

Prior to entering the sports industry, Mr. Grousbeck spent seven years at Highland Capital Partners, a venture capital firm, as a partner.

Mr. Grousbeck is successful in many fields - Photo: NBC

In 2002, he founded and led the Boston Basketball Partners LLC group to acquire the Boston Celtics for $360 million. Under his leadership, the Celtics won their 17th NBA championship in 2008 and their 18th in 2024.

In addition to basketball, Mr. Grousbeck also participated in the medical field when he became the president of Massachusetts Eye and Ear Infirmary (MEE) in 2010, reaping many other successes when investing in sports, technology...

Recently, Mr. Grousbeck decided to sell all shares of the Boston Celtics Club to billionaire William Chisholm, co-founder of Symphony Technology Group, for 6.1 billion USD, setting a new record in the sports world.

This is determined to be the most valuable deal in the history of world basketball, far surpassing the previous record of the Phoenix Suns Club (sold for 4 billion USD in 2022).

The figure is also slightly higher than the previous record for sports, which was held by the Washington Commanders, a football team bought by billionaire Daniel Snyder in 2023 for $6.05 billion.

Thus, Mr. Grousbeck has made a profit of 5.74 billion USD after more than 20 years of investing in the Boston Celtics basketball team. The figure is equivalent to 147,000 billion VND.

The Boston Celtics are a professional basketball team based in Boston, Massachusetts, United States. Founded in 1946, the Celtics were one of the eight founding teams of the National Basketball Association (NBA). The name "Celtics" was a tribute to the large Irish community in Boston at the time.

The Celtics have won a total of 18 NBA championships, most recently in the 2023-2024 season when they defeated the Dallas Mavericks in the finals, surpassing the Los Angeles Lakers as the team with the most NBA championships.

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HUY DANG

Source: https://tuoitre.vn/ban-doi-bong-ro-mot-tien-si-nguoi-my-thu-lai-147-000-ti-dong-20250323100141933.htm