The Boston Celtics’ ownership group surprised many on Monday when they announced plans to sell all of their shares in the team, including superstar Jayson Tatum. This news came at a time when the team was experiencing success, having won a championship in 2024.
Tatum expressed shock when he learned of Wyc Grousbeck’s intentions to sell his stake in the Celtics. He shared his thoughts on the team’s impending sale at his JT Elite camp in Las Vegas, expressing his hope that the foundation and structure of the team would remain intact.
Given the recent success of the team, it is understandable that Tatum might see potential for change with new ownership. However, one potential source of stability for him could be co-owner Steve Pagliuca, who expressed a desire to remain involved with the Celtics moving forward and participate in the bidding process for the team.
The sale process is expected to start later in the year or in early 2025, with Grousbeck stepping down as governor when the sale closes in 2028. It is important to note that this news came at the same time as Tatum signing a $314 million supermax extension with Boston, further highlighting how unexpected this ownership change has been.
Despite this uncertainty surrounding the team’s future ownership, it is clear that Tatum remains committed to playing for Boston and hopes for continuity as he moves forward with his career on the court.