LeBron James becomes part owner of Boston Red Sox: What to know about partnership with Fenway Sports Group
Pending an approval from Major League Baseball, LeBron James will become part owner of the Boston Red Sox. This week, the NBA superstar became a partner with Fenway Sports Group, per the Boston Globe. The move makes James and Maverick Carter the first Black partners in FSG's history and also increases James' ownership stake in Premier League soccer club Liverpool.
It's s a huge deal that an active professional athlete is getting involved in the ownership class to the degree that LeBron James is. There are a lot of moving parts around this deal that will raise a lot of questions, and we're here to break down some of those, or at least address them. Here are some things to know about this partnership between LeBron and Fenway.