Wyc Grousbeck

Wycliffe "Wyc" 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]

Wyc Grousbeck
Born
Wycliffe K. Grousbeck

(1961-06-13) June 13, 1961
Worcester, Massachusetts
NationalityAmerican
Alma materPrinceton University
University of Michigan
Stanford Business School
Spouse(s)Emilia Fazzalari (m. 2017)
Children2[1]
Parent(s)H. Irving and Sukey Grousbeck

Career

Grousbeck was born in Worcester, MA 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. In 2008, the Celtics won their seventeenth NBA Championship.

While continuing his duties with the Celtics, in 2010 Grousbeck became Chairman of the Massachusetts Eye and Ear Infirmary, the world's largest research and clinical hospital specializing in blindness and deafness research.[5] He instituted and led a capital campaign that raised $250 million for Mass Eye and Ear, and led them to join the world class Mass General Brigham medical system, as a first-tier hospital. 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.[6]

Wyc married Emilia Fazzalari in January 2017. Wyc and Emilia joined with fellow NBA owners Michael Jordan, Jeanie Buss and Wes Edens to found Cincoro Tequila, which launched to acclaim in September, 2019. Wyc sits on the Executive, Labor, and Media Committees of the NBA, is Board Chair of the Boston Celtics, and Mass Eye and Ear, and is a Board member of the Boston Celtics, the Shamrock Foundation, Giving Grousbeck Fazzalari, Omaze, Inc., Cinco Spirits Group, Mass General Brigham, and NBC Sports Boston. He is the drummer in the classic rock band French Lick.

References
  1. Shanahan, Mark. "Celtics owner is engaged". Boston Globe. Boston Globe. Retrieved 2017-05-18.
  2. "Celtics' success traced, in part, to the fortunes of a blind son". ESPN. Retrieved 5 November 2015.
  3. Kahn, Ehran. "Ranking the NBA's 10 Most Popular Owners". Bleacher Report. Retrieved 30 August 2016.
  4. "Wycliffe K. Grousbeck J.D. Advisor, Flex Pharma, Inc". Bloomberg. Retrieved 30 August 2016.
  5. Grousbeck, Wyc. "WYC GROUSBECK ELECTED MASS. EYE AND EAR BOARD CHAIR". newswire.com. Retrieved 27 January 2010.
  6. "Wycliffe "Wyc" Grousbeck, Managing Partner & Governor". Boston Celtics. Retrieved 30 August 2016.


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