|Celtics co-owner Wyc Grousbeck: ‘There’s some sort of nuclear reactor’ in Kevin Garnett||08.15.12 at 2:33 pm ET|
Celtics co-owner and CEO Wyc Grousbeck appeared on CNBC’s “Squawk Box.” He talked business — which we’ll get to in a moment — but once the host ceased his endless string of incorrect basketball facts (He thought this happened: “And now there’s a steal by DJ, underneath to Bird, he lays it in.”), Bostonian Ben Mezrich, author of both “Bringing Down the House” and “The Accidental Billionaires,” snuck in a couple basketball questions.
Mezrich: “What’s your favorite Kevin Garnett story?”
Grousbeck: “The funny thing about KG is that there’s really no story, because there’s a 24/7 continuous loop. You couldn’t even break it up into stories. You’ll be on the team plane at three or four in the morning, you’ll hear this noise nonstop — it’s someone talking at the top of his voice — and it’s KG. From the moment you take off to the moment you land, whatever hour of the day, he’s talking to rookies, he’s telling stories. He’s just nonstop. there’s some sort of nuclear reactor inside him that never quits.”
Mezrich: “How does a guy like Rajon Rondo happen?”
Grousbeck: “We’re lucky to have Danny Ainge here. Ryan McDonough was an early scout who saw Rondo. Danny and Ryan saw him at Oak Hill Academy in high school. Basically, Danny said at that point he was going to be the starting point guard of the Celtics three or four years later, and that’s what happened. Danny had his eye on him very, very early. That’s a competitive advantage we have — having Danny Ainge as president of basketball.”
Grousbeck touched on a number of other topics, including the Olympics, team ownership as investment and the NBA lockout. Here’s a rundown of the highlights from the 10-minutes discussion.
|Wyc Grousbeck on M&M: ‘I think we’ve gotten better’ despite losing Ray Allen||07.09.12 at 3:06 pm ET|
Allen chose the rival Heat over the Celtics late last week for less money, surprising a majority of Celtics fans.
“I was surprised, but I wasn’t utterly shocked,” Grousbeck said. “Let’s face it, he was not necessarily going to start. As Doc put it, he felt somehow that he was slighted possibly in the recruiting process in this offseason. … If Doc’s report is correct, Ray felt he was second fiddle to first, Avery Bradley and then Kevin Garnett, so he decided to go to our arch-rival for less than half the money, so be it.”
Added Grousbeck: “I would not blame him [for his negative emotions]. I’ve said to friends of mine and people that I work with over the last few days that the trade deadline and the fact that he was almost traded, it would bother me, if I was Ray. And he has every right to go down to Miami. And we have every right to try and beat those guys.”
There have been rumors circling that Allen and Rajon Rondo did not get along.
“Let’s put it this way, if Ray had come back … he would have played fine with Rondo,” Grousbeck said. “There was a number put out and there were also emotional issues out there. There was a price tag put out there [reported to be $27 million for three years], it just wasn’t one we could get to.”
Following are more highlights from the conversation. To hear the interview, go to the Mut & Merloni audio on demand page.
On Allen’s legacy: “Let’s put it this way, Red Auerbach told me personally and told players in front of me, ‘It’s the name on the front of the jersey, not on the back.’ I think Ray always put the Celtics first and it was never about himself and I think if we’re going to be successful we have to keep doing it that way. We’re going to band together, we’re not going to cut down Ray Allen in any way. We’re going to say the name on the front of your jersey just changed, but you’re always a Celtic to us.”
|Celtics report ‘full participation’ in shootaround, ready for Game 2||05.14.12 at 11:52 am ET|
WALTHAM — In a sign that all hands will again be on deck for Monday night’s Game 2 against the Sixers, the Celtics reported full participation in the brief shootaround Monday morning.
Team owner Wyc Grousbeck attended and watched from the sidelines as the team went through mostly a series a halfcourt sets in preparation for Monday night’s game, which tips off at 7 p.m. at TD Garden.
How will the Celtics come out for Game 2? Take a look above at Doc Rivers in his postgame presser from Game 1 and you can probably see what he and the coaching staff talked about Monday morning as they look to get a stranglehold on the series.
The Celtics are looking to go up 2-0 in the best-of-seven Eastern Conference semifinal series after Saturday’s 92-91 win, a game they trailed by 10 with under 11 minutes remaining. The series shifts to Philadelphia for Game 3 Wednesday night and Game 4 Friday night.
|Celtics owners Steve Pagliuca, Wyc Grousbeck on D&C: ‘We’re going for it’||12.21.11 at 5:04 pm ET|
Celtics owners Steve Pagliuca and Wyc Grousbeck stopped by to chat with D&C guest hosts Dale Arnold and Bob Ryan Wednesday morning and discussed the upcoming season, Rajon Rondo‘s mindset, and why this could be the best Celtics team Danny Ainge has put together.
After the Celtics’ disappointing loss at the hands of LeBron James and the Heat in the Eastern Conference semifinals, the owners expressed optimism about the C’s fortunes for the shortened 2011-12 season.
‘It’s going to be a frenetic season, obviously packed in, a lot of games,” Pagliuca said. “The good news for us is that we have a veteran core, but we’ve got a lot of young legs on the team. Danny’s done another great job of building this squad. It’s a very deep team, and that deep team will pay service. Also, with a short training camp, we have four veterans coming back. They know the offense; we have veterans coming in. Doc [Rivers] will have them in very good shape to play.”
Added Pagliuca: ‘The positive side early is that the team has a lot of depth. One through 15 we’re about as good as we’ve been. If you look at the players Danny’s added here, they can all play basketball. We’re going to get some offensive rebounding this year with [Chris] Wilcox and [Brandon] Bass on the boards, so we’re optimistic. It’s really early in the season, but so far they’ve looked really good.’
Grousbeck said the decision was made to stick with the Big Three and build around them for another shot at the title, holding off any rebuilding plans.
“We do think about the future every day. We really, really do,” Grousbeck said. “But this does look like another year when this core has a chance. And if we supplement them to the max, everything we can possibly do under the new rules, it looks like to us, and more importantly to the basketball staff, that these guys have one more chance at least. So, you make that decision and you put the throttle fully that way. We’re not halfway. … It wasn’t a bad team last year. This year it looks like we can have a chance. Shortened season, almost anything can happen. So, we’re going for it.”
Added Grousbeck: ‘It has been a shortened preseason. There hasn’t been a lot of chance to really settle in with this team yet, this roster, and see it, and get a sense of other rosters as well. Having said that, every time I see [Kevin] Garnett, [Paul] Pierce, [Ray] Allen, and Rondo walk out on the court and Rivers coaching them, I get goose bumps, actually. So, I’m hopeful, and we’ll see.’
|Irish Coffee: The case for Avery Bradley breaking out||10.19.11 at 2:16 pm ET|
Wake up with the Celtics and your daily dose of Irish Coffee ‘¦
While his Celtics teammates await the end of the NBA lockout for structured basketball to resume, backup point guard Avery Bradley could make his Israeli basketball debut as soon as Sunday.
That experience — combined with his participation in the Impact Basketball Competitive Training Series — will leave Bradley with perhaps more competitive basketball under his belt during the lockout than any other NBA player should the lengthy collective bargaining mediation sessions ever result in an actual season.
But will it help him contribute to the Celtics if and when NBA basketball resumes? Bradley certainly thinks so. Here’s what he told Eurobasket in a recent interview:
- On the offseason: “I’m in great shape. I played in the pro-am games and in the Impact League in Las Vegas, so basically I work out all the time and I always make sure I’m ready to play.”
- On playing abroad: “Honestly, what I want most it to keep playing basketball, and Jerusalem sounded like the best possibility.”
- On the lockout: “The players and owners are doing whatever they can to end the situation we’re in. No one wants the lockout, everybody wants the same thing — for it to be over. Until then, I’m with Jerusalem and my focus is on helping out the team in any way possible.”
And for what it’s worth, I think Bradley is poised for a breakout season of sorts (hard to truly break out when playing behind Rajon Rondo, but still …). Let’s not forget he hasn’t even hit his 21st birthday (Nov. 26).
|What we know about Celtics’ financial situation||07.21.11 at 4:10 pm ET|
In case you haven’t heard, NBA owners have locked out their players, and the outlook appears grim, as Celtics owner Wyc Grousbeck is among a group willing to lose the entire 2011-12 season over the labor dispute.
Grousbeck and the rest of the ownership group purchased the Celtics in late 2002 for a then-record $360 million, taking on $180 million in debt. Forbes.com valued the franchise at $452 million after their near-title 2009-10 season, a 65.0 percent increase in value since the 2001-02 season.
Before we put how much the Celtics have made — and stand to make — from their new TV deal into perspective, let’s take a year-by-year look at how the Celtics have done financially since the current owners took helm …
|Report: Celtics to sign lucrative broadcasting deal||07.18.11 at 1:29 pm ET|
Celtics owners would probably rather this news come when they aren’t locking their players out while the NBA cries poor, but the C’s and Comcast SportsNet New England are finalizing a broadcasting rights extension that should benefit the team by tens of millions of dollars — if not nine figures — per year, according to a Sporting News report.
Unlike the Red Sox, the Celtics do not currently own the network that broadcasts their games, but this 20-year extension would reportedly give Wyc Grousbeck, Steve Pagliuca & Co. a 20 percent ownership stake in Comcast’s regional sports network.
The NBA would have to approve such an agreement, and that might not happen until after the lockout. How much the Celtics take home from the reported deal will also depend on the collective bargaining agreement, as revenue sharing like this is at the heart of the negotiations.
The Celtics and CSNNE began discussions a year ago, and talks started steamrolling in February once the rival Lakers signed a 25-year deal with Time Warner Cable worth an estimated $200 million annually, the Sporting News said. According to a February Sports Business Journal report, the Lakers (4.9) and Celtics (4.8) ranked fourth and fifth in television ratings this past season. Here’s how the Sporting News broke down the financials …
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