The executive committee consists of the four members of the managing board, Wyc Grousbeck, H. Irving Grousbeck, Stephen Pagliuca and The Abbey Group, represented by Robert Epstein with the additions of Paul Edgerley, Glenn Hutchins and James Pallotta. Other new key additions include Matt Levin, managing director, Bain Capital partners.
Boston Basketball Partners’ list of founding investors includes: Richard H. Aldrich, senior vice president and chief business officer, RA Capital Associates; David Bonderman, managing director, Texas Pacific Group; James Breyer, general partner, Accel Partners; James I. Cash, Jr., professor and senior associate dean, Harvard Business School; Paul Edgerley, managing director, Bain Capital Partners; William P. Egan, general partner, Alta Communications; William Helman, general partner, Greylock Partners; Glenn Hutchins, a founder and managing member of Silver Lake Partners; Stephen R. Lewinstein, president, Stephen R. Lewinstein Associates; Stephen J. Luczo, chairman and CEO, Seagate Technology; Michael Marks, chairman and CEO, Flextronics International; James Pallotta, a managing director of Tudor Investment Corporation and head of Tudor’s U.S. Equity Securities Group; David Roux, founder, Silver Lake Partners; and Mark Wan, partner, Three Arch Partners.
|Boston Basketball Partners|
The 2002–03 NBA season was the 57th season for the Boston Celtics in the National Basketball Association. During the offseason, the Celtics acquired Vin Baker from the Seattle SuperSonics. The Celtics posted a six-game winning streak after losing their first two games, and got off to a solid 16–7 start. However, they lost six straight games in March, and finished third in the Atlantic Division with a 44–38 record. The team made the playoffs for the second time with team captain Paul Pierce, but this time as the #6 seed in the Eastern Conference. Pierce and Antoine Walker were both selected for the 2003 NBA All-Star Game. After defeating the 3rd-seeded Indiana Pacers four games to two in the first round, they were unable to stop the New Jersey Nets as they were swept in four straight Conference Semifinal games. This was also Walker's final season with the Celtics, as he was traded along with Tony Delk to the Dallas Mavericks the following offseason. He would return to Boston midway during the 2004–05 season.
The franchise gained new owners that season when Paul Gaston sold the team to the Boston Basketball Partners, represented by Wyc Grousbeck, in the fall of 2002.Ann Walton Kroenke
Ann Walton Kroenke (born December 18, 1948) is an heiress to the Walmart fortune. Kroenke and her sister, Nancy Walton Laurie, inherited stock from her father, Bud Walton (died 1995), who was the brother and an early business partner of Walmart founder Sam Walton. She is the owner of the Denver Nuggets of the NBA and Colorado Avalanche of the NHL.Her husband, Stan Kroenke, is the majority owner of the Los Angeles Rams (NFL), Arsenal (English Premier League), Colorado Rapids (Major League Soccer), and Colorado Mammoth (National Lacrosse League).David S. Blitzer
David S. Blitzer (born 1969) is a partial owner of the New Jersey Devils of the National Hockey League, Philadelphia 76ers of the National Basketball Association, Crystal Palace FC of the English Premier League, the Scranton Wilkes/Barre RailRiders of the Triple-A International League and a senior executive at the private equity firm Blackstone Group.Gail Miller (businesswoman)
Gail Miller (born October 14, 1943) is an American billionaire businesswoman, the wealthiest person in Utah, the widow of Larry H. Miller, chairwoman of the Larry H. Miller Group of Companies, and chairwoman of the Salt Lake Community College. She also is the owner of the Utah Jazz, a National Basketball Association (NBA) franchise based in Salt Lake City, Utah.Glen Taylor
Glen A. Taylor (born April 20, 1941) is an American billionaire businessman who is the majority owner of the Minnesota Timberwolves NBA basketball team, owner of the Minnesota Lynx WNBA basketball team, owner of the Star Tribune, and a former member of the Minnesota Senate.
Taylor has been ranked No. 149 on the Forbes 400 and his company No. 254 on Forbes ranking of private United States corporations. In 2015, his net worth was reported by Forbes to be $1.86 billion.Herbert Simon (real estate)
Herbert "Herb" Simon (born October 23, 1934) is an American real estate developer. He resides in Indianapolis, Indiana. He was educated at the City College of New York. He is the owner of the Indiana Pacers, and chairman emeritus of the shopping mall developer Simon Property Group. In 2010, he purchased Kirkus Reviews.Jamie Dinan
James Gerard Dinan (born 1959) is an American investor, hedge fund manager, philanthropist. He founded York Capital Management in 1991.Joe Lacob
Joseph Steven Lacob (born January 10, 1956) is an American business executive who is currently a partner at Kleiner Perkins and the majority owner of the Golden State Warriors of the National Basketball Association (NBA).Joshua Harris (businessman)
Joshua Harris (born 1965) is a billionaire American private equity investor who co-founded Apollo Global Management, one of the world's largest alternative investment firms. Harris is the principal owner of the New Jersey Devils of the National Hockey League and the Philadelphia 76ers of the National Basketball Association, and owns an 18% stake in Crystal Palace of the English Premier League.Marc Lasry
Marc Lasry (September 30, 1959) is an American billionaire hedge fund manager. He is the co-founder and chief executive officer (CEO) of Avenue Capital Group and the co-owner of the NBA's Milwaukee Bucks.Micky Arison
Micky Arison (born June 29, 1949) is an Israeli-American businessman and chairman of Carnival Corporation, the world's largest cruise operator. From 1979 until 2013, he also served as CEO until he was replaced in June 2013 by Arnold W. Donald, who had served on the company's board for 12 years. Arison is also the owner of the NBA's Miami Heat.Professional Basketball Club
Professional Basketball Club LLC is an investment group headed by Clay Bennett that owns the National Basketball Association (NBA)'s Oklahoma City Thunder franchise (formerly the Seattle SuperSonics) and the Thunder's NBA G League affiliate Oklahoma City Blue. The group also owned the Women's National Basketball Association (WNBA)'s Seattle Storm franchise from 2006 to 2008. The PBC then sold the Storm to local Seattle owners, before moving the SuperSonics to Oklahoma City.RDV Sports, Inc.
RDV Sports, Inc. is a Michigan corporation set up by Richard DeVos to purchase the NBA franchise, the Orlando Magic. Established in 1991, its assets have included the Orlando Miracle WNBA team, Orlando Solar Bears of the IHL and the RDV Sportsplex.In May 2017, RDV Sports agreed to purchase the Solar Bears when the Orlando Pro Hockey Operations, L.P. ownership group informed them that they could no longer sustain the team. The DeVos family were the owners of the IHL Solar Bears from 1995 through 2001.Today the company owns the Magic, Orlando Solar Bears of the ECHL and the RDV Sportsplex.Robert Pera
Robert J. Pera (born March 10, 1978) is the founder of Ubiquiti Networks, Inc. a global communications technology company that Pera took public in 2011. In October 2012, Pera also became the owner of professional basketball team, the Memphis Grizzlies, when he purchased the National Basketball Association franchise from Michael Heisley. At the age of 36, Pera earned a spot on Forbes' list of 10 youngest billionaires in the world.Robert Sarver
Robert Sarver (born 1961) is an American businessman, co-founder of Southwest Value Partners, a real estate development company, and the owner of the Phoenix Suns and RCD Mallorca.Tony Ressler
Antony P. Ressler (born July 16, 1959) is an American businessman. He co-founded the private equity firm Apollo Global Management in 1990; and co-founded the private equity firm Ares Management in 1997. Ressler and Grant Hill are both owners of the Atlanta Hawks. They purchased the team on June 24, 2015 for an estimated $730 million - $850 million.William P. Egan
William P. Egan is an American venture capitalist. He is the founder and general partner at Alta Communications, a venture capital firm, and Marion Equity Partners, a private equity firm, both based in Boston, Massachusetts. Egan also founded Alta's predecessor firm, Burr, Egan, Deleage & Co. (BEDCO) in 1979 and has identified and backed several of America's leading growth companies in the information technology, life sciences, and communications industries. Egan is also a limited partner, along with fellow BEDCO founder Craig Burr, at Nobska Partners, also in Boston.Wyc Grousbeck
Wycliffe "Wyc" K. Grousbeck (born June 13, 1961) is an American entrepreneur who is the Lead Owner and Governor of the National Basketball Association's Boston Celtics.
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|Culture and lore|