LeBron James Becomes Partner In Fenway Sports Group

LeBron James and Maverick Carter have been approved to become part owners of the Fenway Sports Group.

LeBron James to become part owner of Red Sox, both he & Maverick Carter each join Fenway Sports Group as partners, first and only Black partners in FSG history.
FSG also approves $750M investment from RedBird Capital Partners. Deal pending MLB approval.https://t.co/N7gibdlNhs

— Michael Silverman (@MikeSilvermanBB) March 16, 2021

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.

via BostonGlobe.com

LeBron James is arguably the biggest athlete in the world and has used his platform for social activism. He has built and funded schools for underprivileged black children, and now Maverick Carter and LeBron are the first black partners in Fenway Sports Group’s history.

LeBron James and Maverick Carter are best friends and business partners.

Lebron isn’t the only new partners of Fenway Sports Group, they also got some capital from RedBird Capital, an investment company.

“Much of the RedBird Capital Partners investment will be earmarked for FSM, the latest signal that James is about to play a more prominent role in FSG operations. In the fall of 2019, FSG successfully switched Liverpool’s uniform sponsorship to Nike after ending a long relationship with Boston-based New Balance shoe and apparel company.”

via BostonGlobe.com

Boston fans already hate LeBron, so now that he is part of their ownership group just gives them another reason to shit on John Henry for not spending any money.

Hakeem Olajuwon Says Michael Jordan Is Far Superior to LeBron James

I don’t get the Henry hate from Red Sox fans, he bought the team in 2002 and broke their championship curse. On top of that he won three other Wold Series in the year after breaking the curse in 2004.

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