Changing times ahead for the Boston Celtics

The team announced that majority owner Wyc Grousbeck will sell his share of the team just days after the Celtics won their NBA-record 18th NBA title.

Celtics Majority Owner Wyc Grousbeck wasn’t afraid to spend deep into the luxury tax, to build a title-winner in Boston. Now, he’s ready to cash out. (Photo by Billie Weiss/Getty Images)

BOSTON — You had to know the good times were going to fizzle out at some point for the Boston Celtics, right?

The euphoria that has taken this town by storm following the team’s 18th NBA championship just a couple of weeks ago, has been replaced with an aura of uncertainty as to the franchise’s future.

Majority owner Wyc Grousbeck has put his shares of the team up for sale, a savvy business move that comes at a time when the franchise’s value isn’t going to get much higher.

There is no question he’ll make a financial killing on the $360 million he used to buy the team in 2002. The most recent franchise valuation has the Celtics ranked fourth among NBA teams, worth $4.7 billion in 2023.

But in doing so, what does that mean to the franchise he leaves behind or more specific, the chances of Boston repeating as champions?