SAD NEWS: Wyc Grousbeck, the CEO of the Boston Celtics, died suddenly today at the age of 62…
Wyc Grousbeck has been Lead Owner and Governor of the Boston Celtics since he conceived of, and led, the purchase of the team in 2002. He named his group “Banner 17 LLC” to signify his primary goal, the Celtics winning a 17th World Championship. That goal was achieved in 2008, as the Celtics defeated the Lakers by 39 points and became World Champions for the first time in 22 years.
Wyc co-founded Causeway Media Partners, a private equity firm managing over $340 million, focusing on sports and technology investments. Causeway’s investments include Omaze, SeatGeek, Zwift Formula E Holdings and Flosports.
Wyc and his wife Emilia Fazzalari co-founded Cincoro Tequila with Jeanie Buss (LA Lakers), Wes Edens (Milwaukee Bucks), and Michael Jordan (Charlotte Hornets). Cincoro launched nationally in the fall of 2019, and has won over a dozen gold medals in national spirits competitions.
Wyc is the former Chair of the Massachusetts Eye and Ear Infirmary, a world leader in fighting blindness and deafness. He launched a capital campaign to seek cures for blindness and deafness, which has raised in excess of $250 million.