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LeBron James becomes Boston Red Sox’s part-owner after Fenway Sports partnership

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LeBron James becomes Boston Red Sox’s part-owner after Fenway Sports partnership



American professional basketball player, LeBron James, has partnered with Fenway Sports Group (FSG), the Boston Globe reported on Tuesday.

This partnership makes the four-time National Basketball Association (NBA) MVP a part-owner of Major League Baseball’s Boston Red Sox.

The 36-year-old Los Angeles Lakers forward purchased an undisclosed number of shares in FSG, which has also approved a $750 million private investment from RedBird Capital Partners, the Globe reported, citing a source with knowledge of the deal.

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FSG, which also owns English Premier League soccer champions Liverpool, did not respond to a request for comment.

James had already owned a 2 per cent stake in Liverpool since 2011.

The 17-time NBA All-Star is perhaps an unlikely figure to join the Boston sports landscape, with allegiances to some of the city’s fiercest rivals.

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James, who picked up his fourth NBA title last year, has previously rooted for MLB’s New York Yankees.

The Red Sox finished the 2020 season bottom of the AL East with a 24-36 record.

 

 

 

 

 

 

Reuters

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