After the Celtics announced their new ownership structure on Tuesday, majority owner and team governor William Chisholm and alternate governor Wyc Grousbeck talked to Adam Himmelsbach of The Boston Globe about their plans for the future.
Chisholm, who headed up the group that purchased the franchise from the Grousbeck family at a valuation of $6.1 billion, said he understands the immediate need to cut costs to escape the second apron and get control of the team’s salary structure. However, he promised that won’t affect his overall vision for the franchise.
“We’re not playing for second; we’re playing for championships and banners,” Chisholm said. “We’re playing for them in the near term, although we obviously had to do some things to get below the second apron. But we’re also playing for them in the medium and long term. The second apron means you can’t do it by just throwing money at the problem. You have to do it with talent, you have to do it with leadership, and with Wyc and with (president of basketball operations Brad Stevens) and (president Rich Gotham) and (coach Joe Mazzulla), I feel like we have the best leaders in the league.”
Chisholm also expressed optimism that the Celtics can exceed expectations this season with Jaylen Brown, Derrick White and Payton Pritchard leading the way. He added that there’s “real talent” on the roster “that hasn’t been fully realized.”
Chisholm also emphasized that his plan to run the team in a close partnership with Grousbeck hasn’t changed. League rules prevented Grousbeck from retaining his position as governor because he owns less than 15% of the franchise, but both men insist that’s a technicality that won’t affect day-to-day operations.
“When it became clear the governor title was not going to be available because of technical reasons, because of math, Bill said, ‘Well, then we’re just not going to use that word around the office.’ So that says a lot about Bill, that he doesn’t care,” Grousbeck said. “He just wants to do the right thing for the team, and I feel the exact same way. We’re shoulder to shoulder.”
They also addressed the decision to give Mazzulla a multiyear extension ahead of what should be his most challenging season as head coach. Grousbeck said they want him “happy and empowered” as he leads a team that’s suddenly in the middle of the pack in the East.
“I’m really excited to see what he does in this kind of environment,” Chisholm added. “I think people will really appreciate what he’s all about. When he doesn’t have the loaded team, what can he do? And I think that’s going to be really interesting, and I have every confidence he’s going to crush it.”