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Tuesday, June 10, 2008
Three Days in the Valley: Irving Grousbeck Talks About the Celtics
FOXBusiness
Irving Grousbeck, managing partner of the Boston Celtics, told Fox Business’ Liz Claman that the team’s recent resurgence came because of “good people, and a lot of patience.”
The interview was part of Fox Business’ three-day series “Three Days in the Valley.”
Grousbeck was part of a group of investors who bought the basketball team in 2002. He said the Celtics, which had 20-plus years of mediocre performance, was able to rebound because “you hire good people, let them do a good job and be patient.”
The Celtics finished No. 1 in their division this season, and are currently 2-0 against the Los Angeles Lakers in the NBA Finals.
“It took five years--and that’s a long time in the world of sports--but we did it,” he said.
Grousbeck said despite the Celtics rise to the top, he would not consider selling the team.
“We’re here for good,” he said. “It’s not a purely financial investment--it’s an emotional investment. We brought this troubled franchise back to glory.”
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