Wednesday, March 17, 2021

LeBron Becomes Part Owner of Red Sox

 


LeBron James has joined Fenway Sports Group as a partner, making him a part-owner of the Boston Red Sox, according to the Boston Globe. Maverick Carter, LeBron's longtime friend and business partner, also joined LeBron in the deal. Additionally, FSG is also taking a $750 million investment from RedBird Capital Partners.


LeBron already had a stake in the English soccer team Liverpool Football Club, whose majority owner is Fenway Sports Group. FSG is led by billionaire John Henry, and also includes the NESN cable channel, a marketing arm, a real estate firm, and Roush Fenway Racing. Henry, who is also the owner of the Boston Globe, will retain control of FSG with Tom Werner as chairman and Michael Gordon as president.

No comments:

Post a Comment

Follow