LeBron James To Become Part-Owner Of Boston Red Sox

Los Angeles Lakers superstar LeBron James is becoming quite the businessman, and he continues to add to his ventures.

His latest deal might be the most exciting one yet. LeBron is reportedly becoming a partner with the Fenway Sports Group, which would give him part-ownership stake in the Boston Red Sox. Long time partner and friend Maverick Carter is said to be joining LeBron on the opportunity.

Per The Boston Globe:

“The other development introduced another new FSG partner who needs no introduction: LeBron James.

James, one of the most recognizable, influential, and richest athletes on the global stage, now owns an undisclosed amount of FSG shares after previously holding an approximately 2 percent share of the Liverpool soccer franchise since 2011.

By becoming a partner in FSG, the Los Angeles Lakers star also will become a part-owner of the Red Sox as well as other FSG subsidiaries, including NESN, Roush Fenway Racing, and Fenway Sports Management.”

While LeBron James will certainly remain focused on winning one (or more) titles with the Lakers, he’ll have his hands full with a huge portfolio of investments when he decides to retire.

As for the FSG, adding LeBron to their team is a power move. FSG is looking to expand their brand, and buy more stake in MLB, NHL, MLS, WNBA, and they’re looking to get involved in the betting and Esports game.

Adding LeBron James will only help them build their brand up. Seems like a solid move for all parties.

LeBron’s move to the Red Sox ownership group is pending approval by the MLB.

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