Club 520 - Wyc Grousbeck on ’08 & ’24 titles w/ Pierce & Tatum, SELLING HIS HOUSE to buy Celtics
On this BONUS EPISODE of the Club 520 Podcast, Celtics owner Wyc Grousbeck joins Jeff Teague, DJ Wells, and B Hen in an exclusive sit-down interview with one of the top owners in the NBA. Wyc tells the guys the WILD STORY of him MORTGAGING HIS HOME in order to buy the Boston Celtics. Plus, Grousbeck reflects on the Paul Pierce, Kevin Garnett, and Ray Allen led Celtics teams of 2008-2012, and why that championship isn't as rewarding as the 2024 title was. And don't miss Wyc talk about "regretting" trading Kendrick Perkins, Jayson Tatum's achilles injury, hiring Brad Stevens as Celtics GM, and how SHOCKED he was finding out about the Luka Doncic trade from the Mavericks to the Lakers.
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The volume. Yo, Yo, y'all's had a fine expects. How y'all doing yo, yeah, y'olly good energy for show for show, for show man, you know what it is? Club five twenty podcast live and fanatic spects. Man, we appreciate y'all pulling up. We got some dope guests pulling up. But first and foremost, man, I'm the host. My name is DJ Willis. You know what it did? Same game with me on the road. To my far left, we got my dog Bishop be hearing out the pearles. How you wl nasty? Saying the nasty? Hey, make sure y'all were that Tommy John, put them draws on, put them hands on. You know what I mean? Shouting to Tommy John, Baby. I'm gonna lie, put them draws on it crazy, get right, get right, shout to tip me John for show. To my far right, my dog, young Nacho, young team, how you what, I'm chilling, bro, Happy to be here. They got a nice crowd. It's gonna be a vibe for sure, most definitely, man, we're gonna kick it off. First man, we got a special special guest in the building. Man, entrepreneur, philanthropists and you most best know him as the former owner of the Boston Celtics. Man, we got the one to all the miss away growsmen in the building, appreciate you big dogs. Join us on stage. Hey for the next fan's nice win. But this is what a ring looks like. Show that ring, Go that ring? What's off? I like that energy? Hold on before we start, man, you gotta break the ring down. You gotta I know what you shared with us back there, tell us tell them what's inside the ring? Man, all right, hang on to this, all right, all right inside there you open it up. N are eighteen. Yeah, that's the part K floor. The final score Boston one oh six, Dallas. Eighty eight bells, most definitely. Man, before we get started, man, you know the bous. We got a shout out to Boost Mobile Man, Boost Marble Powers Club five twenty we appreciate. Shall you know what it is? Twenty five dollars? How long where they at with the team. It's five gen nationwide, twenty five dollars. Hey, no hike prices. There's gonna be twenty five dollars. You're gonna step in. You're gonna get that twenty five dollars. Come on, man, you need a Barner phone. Get your grilla phone. Antybody need a phone tap? Be in with boos Mo. What's a Burner phone? Oh, we'll talk to you about that off the court, take it later. You got a high championship ring for the barn phone. Most definitely, man, But first he starts to appreciate you having us on the show. Man. Man, you are a man of many hats. But we wanted to say, you know, you grew up Massachusetts. What's it like being able to purchase your favorite team. I'm the luckiest guy. I was forty one years old. It was two thousand and two, and I that was back when you could mortgage your house and buy an NBA team. And that's what I did. I never had any money, but I didn't do it for money. I did it for love. I did it for love. Jeff Tige was on our team, a great person, a great player. But the Celtics are a way of life, and I'm very lucky to be able to have my hometown team. Man, that is beautiful. Have you been had a very interesting point? He said, mortgage you'll house. I was gonna ask, I don't even know how how do you even start the process of acquired a scene. But you said it's starting with the mortgage refinanced. It started. And I went to the garden i'd been born and raised. I went there and it was half empty. In two thousand and two, the team wasn't playing well, and I'm like, this is half empty, and I'm like, I wonder who's the owner. And they said, oh, he lives down in New York. And it turns out to be a very nice guy. I went to find him. They said he hadn't been here in three and a half four years, he hadn't come to the games. Wow, but a very nice guy. But so I'm like, wonder if he might be interested in selling. And so I go down and find him and shake his hand and say what do you want. I said, I'd like to buy the Celtics and he goes, they're not for sale, and I said, well, is there a crazy number? And he named a crazy number, like way too high? Really, But I didn't have the money. I said, I don't have the money, but I'll get it in four months, three and a half months, and I so I didn't give him a chance, and so I took his price. I didn't negotiate. He named the number. It was a record, and I just. Said, Okay, I figure I could probably get it and I and then I said, oh, I know, why are you this much next week to keep you just keep it a deposit. And I named a number, which wasn't very much for the team, but it was a lot for me. And he goes, all right, you know what's he going to do? You had to say, yes, free money. So I shake his hand, I go home, mortgage my house, send him the money. And then three months later I had twenty five partners and we had all the money, and I lost seventeen pounds. I didn't eat or sleep. Wow. I looked like Jeff t very very lucky story. May you was locked in. That's a hell of a store. But I did it totally for love. I just did it for love. Yeah. And you can tell by the way the organizers were obviously under your tool is the love was back in the guard. You had what Paul Pierce Antoine Walker back there. Yeah, you guys, So I gotta ask, what's it like? First day? You're the man, biggest, one of the biggest franchises sports history, one of the craziest fan base ever. Was it? Light Day won when you locking in, I also. Hold on what's your first adjustment? Oh, the first adjustment. I made some changes on the business side, and within a year the top of the business side we were nice guys, but they weren't seeing eye. Then that general manager, and then the whole coaching staff, they were all gone. He came in clean house. And I am not funny. I shouldn't. I mean, it's not funny. I had never run a business. I hadn't run a McDonald's, I hadn't run anything. But I just had to try to do it with my gut. And these are good people and nice people. But we made changes and it ended up that we ended up. Maybe it could have worked out if I didn't make the change, I want to say that, but it worked out when we did make the change. We brought in Danny Ainge, and then we brought in Brad Stevens. Oh, Doc Rivers and Brad Stevens, and I promoted Brad to GM and uh now we got Joe Mizila and we got two rings along the way. For sure. Speaking of Brad Stevens, when I was in Boston for my short period of time, he changed my name. I don't know if you heard the story, my name is Jeff T. Y'all had Jason Tatum on the team at the time. I'm the real JT, but he changed my name to Jet. You might hear people out here calling me Jet, and it was a funny story. I think I was in my twelve years. JT might have been in his fifth or sixth year, and I lost my name at Jason Tatum and I wanted to know was I a real JT or was he real j C. Well, I got it. I'm gonna see you today, but I'm going to see him for the next six years. Answer. I'm just gonna call you Dave. I got a whole new day, Dave Tess my Cave. I got a cousin, Dave. David. Oh man, ollkay. We're gonna skip around a little bit though. But first thing, so I don't want to ask you, obviously, you know what I'm saying. We see the bling bling, which championship felt better? Oh? Wait a twenty twenty four. I don't have to choose, but. The first one could be luck because second one feels a little more like what do you got? You know? It locks it in. Plus this one, my wife Emilia and I are together. We got married eight years ago, she got her parade. It was heaven, Oh dear heaven. Was that first championship when you made the big trap for Kevin Gardenet Ray Allen? Was there any kind of nerves there? Did you know, like, hey, we all in right here, we gotta win it, or was it like, hey, whatever happens happens. There was nerves because that was I think three max contracts at once with Ray and I had to gather my partners together and I said, if this works, we're gonna win. If it doesn't work and it blows up, we got a big a lot of contract numbers here, and we're gonna have to do a capitol call around. We're gonna have to eat ship in more money, you know, if this goes really bad, because we're putting everything pushing everything in and and I looked at him and said, are we okay with that? I want to I want to do it for my part, but I'm not a super wealthy guy, you know like that, and we would all have to do it, you know what I mean. And so I'm just saying, are we all good going for it? And the very I looked at the very first guy I picked him on purpose, and he said, I will do it, and I'll do the part. Of anybody else that can't do it. Wow. And so he set the whole to His name's Paul Edgerley, a great guy to this day, and the whole group. But we were all in and then it did work out. But you know, it was scary. We don't do this for money, we do it for love at the Celtics. But but. That doesn't mean you know, so you do you do, you do everything you can. But that was scary. I can I can imagine like growing up at that time and watching basketball and having you guys, having Rondo and all those very players. Did you expect more championships from that team? Or was it like, uh one was good enough? We were close? Yeah, we had that three year run. Oh wait, we were sixty six and sixteen and we beat the Lakers by thirty nine points in game six. Okay, that was that was fut eating the Lakers, badass. That was fun. My light's playing on my car is thirty nine. Wow, only only the lake Kobe and I know what that's for, you know, far and Kobe was amazing and anyway, nine was our better team. We started twenty twenty seven and two, and then we add injuries to KG and Rondo, but o'deine might have been the best team. And then twenty ten we were leading the finals three to two and then lost the last two. Perk got heard or whatever. We lost on the road in LA and it was in game seven. That was a very low point. So we had three good teams there. That's interested. Did you say that because a lot of people see Kendrick Parker's on TV. I have a different opinions about him, But if he's not hurt in twenty ten, yeah, win that shit. We probably did, and I love Perk to this day. He wasn't invited to our parade last year. That is true because you've been giving people a lot of shit, you know, And so I had family members of players saying, if that guy's in the parade, we're not in the prade. I said, well, that's you know, okay, you win. Yeah you should see what I try to get jef t and back in gains Bridge. Just the same type of conversation. Oh yeah, I'm not welcoming the Pacers facilities anymore. But it's all good for sure, man, we got to get for you know, we appreciate you pulling up. Shout out to the crowd. Man, make sure y'all walk out. Tommy John, gotta get you some Tommy John here, sir, Oh, thank you absolutely, sir. Man one time for Tommy John. We appreciate y'all. Today's hot take ball handling matters. Pause, Yeah, on the court, But I'm talking about your draw Keep your palls handed with Tommy John underwear. Tommy John has the forest Hills more stretched and competing brands soft breathable fabrics. Man tap in with Tommy John. Man, take care of yourself. Presented with underwear before. Thank you very much, tom Make sure you check the sizes on them too. I don't think they once saw specific say you. Okay us it ain't throw draw say not the way around. But you don't say we're here anyway. Fish Now, I wanted to talk to you about the tequila, Bria said, Carol, Yes, sir, how did death start? How did that come about? My wife is gonna be thrilled she runs it, but it's with it was uh. I met Amelia nine ten years ago and on the Labor Committee talking to the players. It was me and Michael Jordan and Genie Busts of the Lakers and Wes Edens, and the four of us are very good friends for years and years and years ownership in the league. We all do stick together, you know. I said, you got to meet Amelia, Let's go out. So we all went out. By the end of that dinner and then another dinner, they're like, she's unbelievable. And we're starting a tequila So the five of us, that's the Sinko five oh an Oral for gold and we've sold two and a half million bottles. We won twenty nine gold medals in spirits competitions and we're going global. That's dope. Yeah, but MJ is an amazing partner. Jeanie West send a million of their amazing partners. Okayank you. And that's interesting you say that because our first time having sacrow was actually with him. He's the one to introduced us to that the small world. For sure. We won the championship in twenty twenty twenty one and I celebrate with a bottle the whole night. I walked around West like, Hey. You like it. I would love it. Yeah, we put those in the Lakers SLocker room. I think, yeah, yeah, yeah. Yep, and we drank it all night. But I had it at my house. I thought I was cool. I thought I knew I had the inside school. Thank you. And we never seen that bottle before. That's a beautiful bottle. So you don't wear your ring at the podcast. Man, Nothing said summer like long days in the sun, clutch plays and a few bests on the game, all with Draft Kings Sportsbook. The summertimes, so you know the baseball best are getting hot, and Draft Kings Sportsbook had you covered with live Ben home run props, eye boosting. More. Here's something specially for you first timers. New customers. Bet five dollars and get one hundred and fifty dollars in bonus bets. Downloaded Draft Kings Sportsbook app and use that promo called Club five to twenty. That's all right, cold Club five twenty for new customers. You get one hundred and fifty dollars at bonus bets instantly. We bet just five bucks on your DraftKings. The crown is yours. Gambling problem called one eight hundred gambler in New York called eight seven seven eight hope and wy or text hope and why four six seven, three six nine In Connecticut. Help is available for a problem gambling called eight eight eight seven eight nine seven seven seven seven or visit CCPG dot org. Please play responsibly on behalf of Boothill Casino when resorting Kansas twenty one on over agent eligibility varies by jurisdiction, void and Ontario. Bonus bets expire one hundred and sixty eight hours after rishuins four. Additional terms and responsible gaming resources see dknng dot co slash audio. Nah, I don't want to stunt on them like that, man, I man, and I don't wear his Ain't that big though it is. I got more diamonds a month. Oh, don't get us. Well, just wait till next year. Hey, did you think I was gonna win this year? Did you think I was gonna win this year? Yeah? I thought we had a chance. Uh. The Knicks played real well, to be honest, and uh then obviously JT got hurt, but they were already beating us before then, So that was a down year. It was a little disappointing, but uh, I don't know who's gonna win. Game seven. The Pincers are coming. It's in ok C. It's probably okay. See, but good job Pacers. Oh, I know when you see the hair right there, you know the Bob's paces at seven, it's up. J C told me that was the hardest series they had on the championship run against the Pacers. He was like, was, yeah, that's what and we and we sweat. Oh, let me check on the inside of it says right here. Because people were dissing us about who you beat. I'm like, we're on the inside. Yeah, it says Boston for Miami, won, Boston for Cleveland, won, Boston for Indiana, nothing Boston. For I love. Yeah, it's crazy. I mean it's not like we just snuck by. They were sixteen and three. Yeah. The hardest was the Pacers, even though it was four nothing. Every one of those games we were behind, yeah, and we had to come back and they were a very very good team. Yeah, most definitely. No. When I asked, obviously the league changes so much. You look at what's going on now with the way free agency is going, how did you adjust as an owner with the different periods, with the new payments of contracts, the way people wanted to go to different destinations just the way the league changes. How do you adjust like that? And does it start with you? Do you funnel down to the rest of your organization? Do you go get people who fit the changes that the league is going towards. Yeah, I mean we don't have a team where the players put it together. You know. Our eight team was Danny putting it together with a brilliant move. We waited three years to get Garnett and got ready for it and built up people like Al Jefferson and Tony Allen who we love both of them, but could include them in trades. Not Tony, actually I was wrong, but Al is the centerpiece for seven to one for Garnett, and so we build up for that for three years. That was Danny we put you know, he and we put the team together, and then we made the trade in thirteen and had those draft picks we picked Jalen and Jason. So but we did have a period of time. Kyrie came and he thought maybe. He could put something together and was thinking about making calls and then he ended up just feeling like he would. Try to do that somewhere else. And I respect that. We're friends to this day. So I don't know if we ever adjusted to it or not. Okay, this one, I mean I don't have a problem with it. But the team, well, first of all, there's no league without the players. And people are not playing to come see me. Obviously, they're paying to see the players, so they get to do what they want to do, and we're all benefiting from them. Definitely. I wanted to ask how important is there for like an owner and player like relationship. It's amazing. I mean, first of all, the guys know that, the owners in general and in our case for sure, all my whole group, we're in it to win it. Yeah, they don't have any doubts about that. And we you know, we tried to do everything first class. Not everything always works out right or whatever, but we are we legitimately are friends, and then when you win together, you're friends for life. Nah for sure. I mean it's just and I see Kg of all people, and he's like running across the room, or I'm running across the room. We see Shaq when he's jing and he'll stop and bring my wife up onto the like the decket. Know. I mean, it's just it's magic, nah for sure. Love those guys, Nah. It's amazing. The organization is first class. When I was there, I always made fun of because I came from Atlanta and not saying it's not first class. But when I first got to Atlanta, we didn't have a practice facility really nice. They had to They have those things now. But when I got to Boston, I'm like, yeah, it's a little different. The vibe here is different. We getting it was COVID time, so we were getting the mills and all the extra stuff you guys were giving us, And I was just like, I see why people fall in love with being here. It's an amazing organization. Well, there's a big history. We're just trying to keep it going, you know. And thank you for being there, Na, thank you for sure. I have a question for you. When you see things happen like the Luca tree right catches everybody off guard. What the fuck? I was gonna ask what was your initial reaction to that? And it's just like y'all hop an owner's group said like, hey, yo, what's really going on? Because like y'all really kind of set in the tone and how everybody has to conduct business going forward. Well, I you know, I hate to I don't want to really pick on anybody, but I'll give you an honest answer. I think if we traded somebody of that level, which we're not, but if we were, we would call everybody and it. Would probably leak out. But you just kind of take it and then you get five picks back or six yeah. I mean Bain got four picks in a swap. Yeah, and they got like one pick or maybe two. And I so, I mean, it just feels like, you know, but then now they ended up with Cooper Flag. It's not not all connected. Really that way. I don't know. I just I guess I feel like it it must have been painful for them to do it, so they didn't want to let everybody know about it, probably, and that's kind of human nature. I guess. Yeah. I just want to go, like you probably open up. Joe Fault like everybody else did at one o'clock in the morning, said what is this untail? Like? Yeah, if I was awake at one o'clock in the morning, I would have opened up. I'm a grown up most stepping out again. I'm a grown up. But he's in a rock band. I'm gonna say, you. Up like working man, I know, I know I might have been up. Now we look across the league and some of the recent news that just take place. The Lakers obviously big news of them transition from different ownership. I did something else that sets the tone in the NBA. We see somebody that's especially with the Bus family law ownership of the team, not saying what'sh our thoughts behind it? Because obviously you're a good friends business far as we are, but what's your initial reaction to, like, really like this is going on now? Yeah, I mean my family had a right after twenty years to asked me to sell for on behalf of all of us. And so we are as the Celtics just got sold. We're gonna I'm gonna tell my piece in twenty twenty eight. Others are going out now in twenty twenty five, so the Celtics have new ownership coming in. It was a really good group and that must have given Genie an idea. And she she's so much of a good friend that when Amelia and I got married, Jeanie. Like presided at the wedding. Oh and she literally said, wick if you don't marry her, I will, which is funny because Gani's straight but anyway, you know this, so we're close friends. So the Celtics and Lakers are changing hands. You know, we got a new media deal and a whole new future for the league, and a lot of people really want to come in. Nobody buys these things for money, especially at these prices. Yeah, you can't say you're gonna get rich off of it. You got to be one of those people and then say this is the time of my life. And I can tell you personally it's been the time of my life for sure. Still still now. Is there any moves that you regret not doing? Oh, I'm sure, well I do regret like trading work, to be honest, that was one that we all thought and there was discussions around the table, and I got to sign off on the trades as the governor lead owner, and you know, I feel like I got kind of talked into it, but I did sign off. It's not you know, we're all in it and it you know, Jeff Green came back and then he had a health problem, and you know, nothing against Jeff Green, and he just won a championship, you know, so you know, but anyway, our team didn't feel the same after Berk was gone. So not everything goes perfect. Nothing everything went perfect this year. You know, JT lost his achilles. So you just you go for the highs and you get through the lows and you you have a brotherhood that lasts for life. Most definitely. Obviously we're in New York. You know, the Knicks moved on from Tibbs. In that situation, I saw how to unfold it and that situation, how do you go about when you have to make a decision like that. You go to everybody and think about it, because I know it's easy to overreact in a moment, right, always not always. I had one coach who told me, I'm not gonna mention who the one coach who told me years and years ago, we see you working out in the gym at our old practice, Cilly, you wouldn't have liked it. This wasn't very nice. And and I'm like, yeah, I'm working out. I'm working out at eight am. And the guys come in at like ten, you know, or whatever. And he goes, well, it's players only, that's the NBA way. And I'm like, but there's nobody here and it's my gym and I'm gonna work out. And the next day, I come in and there's a sign says players only. Oh so that guy ended up departing coaching very long and I didn't ask anybody. That's the thing. You just now that's probably a jerky thing to say in that way, But when you're running something and there's something just going to complete opposite direction, I don't put up with it for sure, And I take the blame if it doesn't work. And I got the ring if it does. Actually, the trophies in my living room. Wow, that both of them. That's fire. So you're gonna take the trophy, you also got to take the blame. Yeah, that's all right. Anyway, I like that. Can I actually have. Any Celtics fans out there? I saw a few? Hey, I got off right. Look, I'll meet you. I'll meet you over here at the end. Of the way. If you want to take a picture with the ring. All right, that's fire. So how did you know Brad Stevens was like the perfect guy? Because when I was there, Brad was the coach and he was kind of telling me he was going to try to transition to something else. How did you know he was a perfect guy to move up to the front office because the things he's putting together are amazing. That happened real quick. I didn't know, but Danny came to me and said, look, I'm going to move on for medical just because of my stage of life. And I'm like, Danny, I don't want you to leave, but all right, And so I knew I had to get somebody. I called in Brad. Between the lead owner and the coach is the general manager, and we got all three but yond the same page. We got to be able to say yes, no, yes, no, but agree at the end and not have a fight about it, just agree and respect. I said, we need a partner, and what's the short list? And Brad led me off the short list of six GM candidates and I'm like, I don't want that guy. I don't want that guy, and I don't know the other four. We don't have anybody here. And then I looked at him. I looked at him and said, Brad, it might be you, because you've been here eight years, nine years, and you are a partner, and you know putting together teams at Butler, and you've worked with Danny here. This could actually be you. He did not ask for the job. I said, I think it's you said, I got to think about it. I said, tell me tomorrow morning. Came in the next morning, he said, I accept. That was a lucky guess. Man. He did an amazing job. Yeah, he's doing a great Executive of. The year yet last year and then he's an amazing guy. Just just hung up with him. Now we're coming onto that time of the year or drapped in the trades. So I just was talking to him about a half hour ago. For sure, most definite man. Shouts of Brad Stevens, Indiana legend man. What makes a noise? Mister Groco man. We appreciate you man. Thanks guys, serious The volume