LeBron James Becomes Part Owner of the Boston Red Sox

LA Lakers face the Orlando Magic at the Amway Center in Orlando Florida on November 17, 2018. Photo Credit: Marty Jean-Louis

LeBron James became a co-owner of the Red Sox alongside longtime business partner and friend Maverick Carter by becoming partners with Fenway Sports Group on Tuesday. FSG owns the Red Sox, Liverpool FC, Roush Fenway Racing and regional sports network NESN.

They are the first Black partners in the company’s two-decade-long history.

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. “It gives me and people that look like me hope and inspiration that they could 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.

“But it’s a great day for myself, for my family, for my school, for my business partner, Maverick Carter, and everyone that has something to do with our group. It’s a pretty amazing thing and for me to continue to build my portfolio off the floor, also, in a beautiful game like baseball.”

James’ portfolio continues to expand outside of four NBA championships. His Springhill Entertainment is involved in “Space Jam: A New Legacy” and he’s brought other hits to HBO. The I Promise School in Akron, Ohio, is helping at-risk youth and families with education and financial resources and showed improved test scores. And over the summer he launched “More Than A Vote,” which revealed its latest campaign this month.

SOURCE: Yahoo Sports

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