The rumors of Wyc Grousbeck's demise as a relevant member of the Boston Celtics may have been exaggerated. Or at least that is the point of view hinted at in a recent interview by Boston Globe reporter Adam Himmelsbach with the former lead governor and owner of the Celtics Wyc Grousbeck and current majority owner Bill Chisholm.

The Boston Celtics now officially belong to Bill Chisholm. The investor group led by the Chisholm has completed its acquisition of the majority control of the franchise, the Celtics announced Tuesday.

Current Boston Celtics owner Wyc Grousbeck will no longer serve as lead governor following the team's $6.1 billion sale, ESPN's Shams Charania reported Tuesday. New owner Bill Chisholm, a managing partner at Symphony Technology Group, will assume the title of lead governor.