Sports
LeBron James becomes part-owner of Red Sox through FSG partnership
LeBron James has joined Fenway Sports Group (FSG) as a partner, the Boston Globe reported on Tuesday, making 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.
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.
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.
-
Featured1 week agoInside INEC’s race to prepare for Nigeria’s 2027 elections
-
Featured1 week ago2027: APC unveils nationwide campaign timetable, Tinubu to rally in 12 states
-
Business5 days agoNaira faces exchange rate gap as Dollar hits N1,380 on parallel market
-
Business1 week agoCourt dismisses ₦170m Trade Fair contract claim, says Zenith Bank was not a party
-
Latest1 week agoBreaking: NNPCL raises petrol price to ₦1,405 per litre amid discount controversy
-
Featured1 week agoFrom kitchen to Supreme Court: Nigerian’s fight over alleged support for terrorists
-
Football1 week agoMaresca reveals Guardiola’s reaction to Man City’s 4-2 defeat to PSG
-
Business7 days agoNCC launches Internet Governance Working Group to tackle AI risks, boost online safety