Is Boston Celtics owner Wyc Grousbeck hinting his successor plans to cut salary?
Is current Boston Celtics majority owner Wyc Grousbeck signaling his successor plans to cut salary from the team's championship-caliber roster? Speaking to the media in a recent appearance on WEEI's "Greg Hill Show," the lead Celtics Governor may have tipped his hand regarding how he will be calling the shots for presumptive new majority owner Bill Chisholm when he transitions into the team's CEO once Chisholm replaces him as majority owner.
The Celtics, who will have the most expensive roster (clocking in at around $500 million in salary and taxes) in NBA history next season if no changes are made, are set to enter their first season dealing with the harshest penalties the league's collective bargaining agreement (CBA) allows for being a multi-season second-apron ball club. But it isn't the tax hit that will be the main concern, suggests the Celtics head honcho.
"It’s not the luxury tax bill, it’s the basketball penalties," said Grousbeck via NBC Sports' Kurt Helin. "The new CBA was designed by the league to stop teams from going crazy."
"They decided that it’s not good enough to go after the wallets because the fans can be like, ‘Hey find someone who can afford to spend $500 million dollars a year or whatever it is, like the English Premier League (...)," he added. "The basketball penalties mean that it’s even more of a premium now to have your basketball general manager be brilliant and lucky."
"Because you have to navigate because you can’t stay in the second apron, nobody will, I predict, for the next 40 years of the CBA, no one is going to stay in the second apron more than two years." Is Grousbeck signaling the length of the runway this iteration of the team will have? Or is this a general assessment of the lay of the league? Only time will tell.
Listen to the "Celtics Lab" podcast on:
Apple Podcasts: https://apple.co/3zBKQY6
Spotify: https://spoti.fi/3GfUPFi
This article originally appeared on Celtics Wire: Is Celtics owner Wyc Grousbeck hinting his successor will cut salary?
Topics
-
Bill Chisholm, Wyc Grousbeck release individual statements on the sale of Celtics
Both Wyc Grousbeck and Bill Chisholm released statements on sale of the Boston Celtics.Yahoo Sports - 4d -
New Celtics owner Bill Chisholm expected to keep Wyc Grousbeck as CEO for next few years
New Boston Celtics owner Bill Chisholm is expected to keep current governor Wyc Grousbeck as team CEO for the next three yearsYahoo Sports - 5d -
Celtics owner Wyc Grousbeck makes bold prediction about NBA's second apron after selling team
Boston is currently well above the second apron, and its roster could cost more than $400 million next seasonCBS Sports - 3d -
Celtics sold for record $6.1 billion, sources say
Bill Chisholm has agreed to purchase the Boston Celtics from the Grousbeck family for a valuation for $6.1 billion, sources told ESPN.ESPN - 4d -
Who is Bill Chisholm, the new majority owner of the Boston Celtics?
The Boston Celtics were sold Thursday to a group led by Bill Chisholm for a $6.1 billion valuation, the most ever for a North American franchise.Yahoo Sports - 4d -
Who is Bill Chisholm? What to know about the Boston Celtics’ new owner
Bill Chisholm called himself a "die-hard Celtics fan" in a statement Thursday.Yahoo Sports - 5d -
Boston Celtics sold for $6.1 billion
The Boston Celtics are being sold to Bill Chisholm for $6.1 billion.CBS News - 4d -
Getting to know new Boston Celtics owner William Chisholm following news of sale
Here are interesting facts about new Boston Celtics owner William ChisholmYahoo Sports - 4d -
Report: Massachusetts native Bill Chisholm to buy Boston Celtics for record sum
According to the Boston Globe's Adam Himmelsbach, Massachusetts native Bill Chisholm is set to buy Boston Celtics for record sumYahoo Sports - 5d
More from Yahoo Sports
-
Money at BetMGM on high-spending Dodgers to repeat as World Series champions
The Dodgers have spent a lot of money hoping to win their second straight World Series and bettors are putting their cash on Los Angeles. BetMGM Sportsbook has taken 37.8% of its futures money on ...Yahoo Sports - 13m -
Warriors' Stephen Curry won't play in Miami, 2nd straight game missed with pelvic contusion
Stephen Curry is going to take a little more time to heal. Curry remained out of Golden State's lineup Tuesday night for a game against the Miami Heat, the second straight game he has missed with ...Yahoo Sports - 16m -
Palou, Ganassi Racing making all the right calls in IndyCar
Alex Palou is making all the right moves as he seeks to win the IndyCar championship for a third consecutive year. Palou has opened the 2025 season with wins on the street course at St. Petersburg ...Yahoo Sports - 16m -
Lady Maroons drop game to Madison Central
The Pulaski County Lady Maroons have had a brutal start to their schedule this season and that continued on Monday against Madison Central. Falling behind early, the Maroons did not have enough to ...Yahoo Sports - 17m -
Knicks Injury Tracker: Miles McBride out for second straight game Tuesday vs. Mavericks, Jalen Brunson making 'really good progress'
The latest injury news and possible return dates for New York Knicks players...Yahoo Sports - 1d
More in Sports
-
From Cooper Flagg to Derik Queen: Montverde Academy impacting men's NCAA tournament
Last year's Montverde Academy starting five helped their respective teams reach the NCAA tournament this past weekend.ESPN - 8m -
NBA owners to discuss potential new European league at board of governors meeting this week, per report
The proposed league would reportedly have eight to 10 teamsCBS Sports - 8m -
Who are the toughest first-round opponents for the Capitals, Jets?
The conference leaders meet Tuesday; what do their postseason paths look like? Plus, full playoff projections.ESPN - 9m -
Tannenbaum’s GM mock draft: A former exec’s own first-round picks for every NFL team
Mike Tannenbaum puts his GM hat on and makes his own first-round selections. See why he's taking Cam Ward and Ashton Jeanty early.ESPN - 10m -
Money at BetMGM on high-spending Dodgers to repeat as World Series champions
The Dodgers have spent a lot of money hoping to win their second straight World Series and bettors are putting their cash on Los Angeles. BetMGM Sportsbook has taken 37.8% of its futures money on ...Yahoo Sports - 13m