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LeBron James has become a part-owner of the Red Sox through a collaboration with FSG

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The Boston Globe reported on Tuesday that LeBron James has joined Fenway Sports Group (FSG) as a partner, making the four-time NBA MVP a part-owner of Major League Baseball’s Boston Red Sox.

 

According to the Globe, which cited a source familiar with the deal, 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.

FSG, which also owns English Premier League soccer champions Liverpool, did not respond to a request for comment.

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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 won his fourth NBA championship last season, has previously sponsored the New York Yankees of Major League Baseball.

The Red Sox finished the 2020 season bottom of the AL East with a 24-36 record.

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