by Cedric 'BIG CED' Thornton

March 17, 2021

LeBron James is Ballin’, Becomes Part-Owner of Boston Red Sox

Los Angeles Lakers basketball star LeBron James has added baseball team owner to his business portfolio profile. According to ESPN, the entrepreneurial athlete is now a part-owner of the fabled Major League Baseball team, the Boston Red Sox.

James and his business partner Maverick Carter are joining the Fenway Sports Group as partners, giving him ownership in its subsidiaries that include the Boston Red Sox, Liverpool Football Club, Roush Fenway Racing, and the regional sports network NESN. James had already owned 2% of the Liverpool Football Club, which is the current English Premier League champion.

“I think for me and for my partner, Maverick, to be the first two Black men to be a part of that ownership group in the history of that franchise, I think it’s pretty damn cool,” James said after the Lakers defeated the Minnesota Timberwolves Tuesday night.

“It gives me and people that look like me hope and inspiration that they can be in a position like that as well, that it can be done. It gives my kids at my I Promise School more and more inspiration as well.”

James also stated that he is setting his sights on owning an NBA team in the future. The NBA champion told Reuters, “My goal is to own a team, own an NBA team. I got so much to give to the game, I know what it takes to win at this level, I know talent and I also know how to run a business as well. So that is my goal. My goal is to own a NBA franchise, and you know it’ll be sooner than later.”

 


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