Wyc Grousbeck | |
|---|---|
 Grousbeck in 2022 | |
| Born | Wycliffe K. Grousbeck June 13, 1961 Worcester, Massachusetts, U.S. |
| Alma mater | Princeton University (B.A.) University of Michigan (J.D.) Stanford Business School (M.B.A.) |
| Spouse | Emilia Fazzalari (m. 2017) |
| Children | 2 [1] |
| Parent(s) | H. Irving and Sukey Grousbeck |
Wycliffe K. Grousbeck (born June 13, 1961) is an American entrepreneur who is the majority owner and governor of the National Basketball Association's Boston Celtics. [2] [3]
Grousbeck was born in Worcester, Massachusetts and graduated from Noble and Greenough School in Dedham, Massachusetts. He attended Princeton University, B.A. in history in 1983, and rowed on the 1983 undefeated lightweight crew team that claimed the Ivy League and National rowing championship. He received a J.D. degree from the University of Michigan in 1986 and an M.B.A. in 1992 (Miller Scholar) from the Stanford Graduate School of Business. [4]
After spending seven years as a partner at the venture capital firm, Highland Capital Partners, Grousbeck founded and led the group, Boston Basketball Partners L.L.C., that bought the Boston Celtics for $360 million in 2002. [2] In 2008, the Celtics won their 17th NBA Championship and their 18th Championship on June 17, 2024 after beating the Dallas Mavericks in 5 games. [5]
In 2010, Grousbeck became Chairman of the Massachusetts Eye and Ear Infirmary (MEE), a research and clinical hospital specializing in blindness and deafness research. [6] He instituted and led a capital campaign that raised $250 million for MEE, and led them to join Mass General Brigham medical system. [7] [8] In 2013, Grousbeck co-founded Causeway Media Partners, LP, a growth equity partnership managing over $330 million, investing in sports technology and media companies such as Omaze, Inc., Zwift, FloSports, Freeletics, Formula E Racing, and SeatGeek. [9]
Grousbeck married Emilia Fazzalari in 2017. [10] The couple joined with fellow NBA owners Michael Jordan, Jeanie Buss and Wes Edens to fund Cincoro Tequila, which launched in September 2019. [11]
In 2022, Princeton University opened a new dormitory, Grousbeck Hall, which was funded through a donation from the Grousbeck family. [7] [12]
The 2023 NBC sitcom Extended Family is loosely based on Grousbeck, his wife, and her ex-husband (a lifelong Celtics fan). [13]
The Boston Celtics are an American professional basketball team based in Boston. The Celtics compete in the National Basketball Association (NBA) as a member of the Atlantic Division of the Eastern Conference. Founded in 1946 as one of the league's original eight teams, the Celtics play their home games at TD Garden, a shared arena with the NHL's Boston Bruins. The Celtics are commonly regarded as the most successful team in NBA history and hold the records for most NBA championships won, with 18, and most recorded wins of any NBA franchise.
Robert Joseph Cousy is an American former professional basketball player. He played point guard for the Boston Celtics from 1950 to 1963, and briefly with the Cincinnati Royals during the 1969–70 season. A 13-time NBA All-Star and 1957 NBA Most Valuable Player (MVP), Cousy was a core piece during the early half of the Celtics dynasty winning six NBA championships during his 13-year tenure with the Celtics. Nicknamed "The Houdini of the Hardwood", Cousy was the NBA assists leader for eight consecutive seasons, introducing a new blend of ball-handling and passing skills to the NBA. He is regarded as the first great point guard of the NBA, and was the first to reach the 4,000, 5,000, and 6,000 career assists milestones.
TD Garden is a multi-purpose arena in Boston, Massachusetts, United States. It opened in 1995 as a replacement for the original Boston Garden and has been known as FleetCenter, and TD Banknorth Garden. The arena is located directly above the MBTA's North Station. It is the most visited sports and entertainment arena in New England, as nearly 3.5 million people visit the arena each year.
Mass General Brigham (MGB) is a not-for-profit, integrated health care system that engages in medical research, teaching, and patient care. It is the largest hospital-based research enterprise in the United States, with annual funding of more than $2 billion. The system's annual revenue was nearly $18 billion in 2022. It is also an educational institution, founded by Brigham and Women's Hospital and Massachusetts General Hospital. The system provides clinical care through two academic hospitals, three specialty hospitals, seven community hospitals, home care services, a health insurance plan, and a robust network of specialty practices, urgent care facilities, and outpatient clinics/surgical centers. It is the largest private employer in Massachusetts. In 2023, the system reported that from 2017–2021 its overall economic impact was $53.4 billion – more than the annual state budget.
Mike Gorman is an American former sports commentator. After returning from the United States Navy in the 1970s, he began working at radio and television stations in Massachusetts and Rhode Island with the help of fellow commentator Gil Santos. Starting in 1981, Gorman began providing play-by-play commentary for local television broadcasts of the Boston Celtics, doing so alongside color commentator and Celtics legend Tom Heinsohn. The duo called games together until 2020, with Gorman later retiring from broadcasting in 2024.
Massachusetts Eye and Ear is a specialty hospital located in Boston, Massachusetts, United States, which focuses on ophthalmology (eye), otolaryngology (ear/nose/throat), and related medicine and research. Founded in 1824 as the Boston Eye Infirmary (BEI), it has also been known as the Massachusetts Charitable Eye and Ear Infirmary (MCEEI) and Massachusetts Eye and Ear Infirmary (MEEI). It is a teaching partner of Harvard Medical School.
William P. Egan is an American venture capitalist. He is the founder and general partner at Alta Communications, a venture capital firm, and Marion Equity Partners, a private equity firm, both based in Boston, Massachusetts. Egan also founded Alta's predecessor firm, Burr, Egan, Deleage & Co. (BEDCO) in 1979 and has identified and backed several of America's leading growth companies in the information technology, life sciences, and communications industries. Egan is also a limited partner, along with fellow BEDCO founder Craig Burr, at Nobska Partners, also in Boston.
The 2002–03 NBA season was the 57th season for the Boston Celtics in the National Basketball Association. During the off-season, the Celtics acquired Vin Baker and Shammond Williams from the Seattle SuperSonics, and signed free agent and undrafted rookie J.R. Bremer. The Celtics posted a six-game winning streak after losing their first two games, and got off to a solid 16–7 start, holding a 27–22 record at the All-Star break. At midseason, Williams was traded to the Denver Nuggets in exchange for former Celtics center Mark Blount. However, the Celtics lost six straight games in March, and finished third in the Atlantic Division with a 44–38 record. The team made the playoffs for the second time with team captain Paul Pierce, but this time as the #6 seed in the Eastern Conference.
Harold Irving "Irv" Grousbeck is an American entrepreneur, professor at Stanford Business School, and co-owner of the National Basketball Association basketball franchise the Boston Celtics.
Stephen Gerard Pagliuca is an American private equity investor, co-chairman of Bain Capital, and co-owner of the Boston Celtics of the National Basketball Association (NBA) and Atalanta of Italian Serie A association football league.
Highland Capital Partners is a global venture capital firm with offices in Boston, Silicon Valley, and San Francisco. Highland has raised over $4 billion in committed capital and invested in more than 280 companies, with 47 IPOs and 134 acquisitions.
Joseph Steven Lacob is an American business executive who was a partner at Kleiner Perkins and is the majority owner of the Golden State Warriors of the National Basketball Association (NBA) and the Golden State Valkyries of the Women's National Basketball Association (WNBA).
Boston Basketball Partners L.L.C. is an American local private investment group formed to purchase the Boston Celtics of the National Basketball Association (NBA).
Wesley Robert Edens is an American billionaire businessman and private equity investor. He is the co-founder of Fortress Investment Group and founder of New Fortress Energy. Edens is co-owner of the Milwaukee Bucks franchise of the NBA based in Milwaukee, Wisconsin. While Edens was co-owner, the Bucks won the 2021 NBA championship. He is also the co-owner of association football holding company V Sports alongside Nassef Sawiris, whose assets include ownership of Premier League football club Aston Villa and a 29% stake in Portuguese Primeira Liga team Vitória S.C.
Jerdarrian Devontae Davison is an American professional basketball player for the Boston Celtics of the National Basketball Association (NBA), on a two-way contract with the Maine Celtics of the NBA G League. He played college basketball for the Alabama Crimson Tide. He was a consensus five-star recruit and one of the top point guards in the 2021 class.
Justin R. Ishbia is an American billionaire businessman and private equity investor who is a founding partner of Shore Capital Partners. He is a part majority owner of the Phoenix Suns of the NBA and Phoenix Mercury of the WNBA along with his brother Mat Ishbia. He is also a minority owner of Major League Soccer team Nashville SC.
Extended Family is an American television sitcom created by Mike O'Malley that premiered on NBC on December 23, 2023, and concluded on March 26, 2024. It is loosely based on the lives of co-executive producers George Geyer, Emilia Fazzalari and Boston Celtics owner Wyc Grousbeck. In May 2024, the series was canceled after one season.
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