LeBron James to become part-owner of Boston Red Sox

NBA superstar LeBron James and his longtime business partner Maverick Carter will be part-owners of the Boston Red Sox, a person familiar...


NBA superstar LeBron James and his longtime business partner Maverick Carter will be part-owners of the Boston Red Sox, a person familiar with the details told USA TODAY Sports.

The person requested anonymity because he was not authorized to speak publicly until the deal is official.

James and Carter became partners in Fenway Sports Group, which owns the Red Sox, Liverpool FC of the English Premier League, Roush Fenway Racing, regional sports network NESN, Fenway Sports Management and FSG Real Estate.

The Red Sox portion of the deal is subject to Major League Baseball approval. John Henry is the principal owner and Thomas Werner the chairman of Fenway Sports Group.

Prior to this investment, James owned a small share of Liverpool FC.

James, who has worn a New York Yankees hat before, and Carter will be FSG’s first Black partners, The Boston Globe reported.

While James stars for the Los Angeles Lakers – he won his fourth NBA championship and fourth Finals MVP last season – he continues to expand his business and media relationships.

He has a lifetime deal with Nike that could exceed $1 billion, is prepping for the summer release of “Space Jam: A New Legacy” and his SpringHill Entertainment develops and produces other entertainment. He owns Blaze Pizza franchises and has partnerships with AT&T and a recently reached an agreement with Pepsi.

According to Forbes, James is the fifth high-paid athlete in the world at nearly $95 million a year — $64 million of which comes from endorsement deals, the magazine said.

James has said it’s an aspiration to own an NBA team one day. League rules prohibit from any ownership while he’s still playing.

“I believe if I wanted to, I could own a team or be part of a basketball team,” James said at the 2019 All-Star Weekend in Charlotte, North Carolina. “I know I got so much knowledge of the game that I don’t want to – once I stop playing – get away from the game.”

Michael Jordan is the owner of the Charlotte Hornets, and Magic Johnson once owned a small percentage of the Los Angeles Lakers.

“It would have to be the right fit,” James said two years ago. “It’d have to be the right city. It’d have to be the right situation. It’s not like it’s a dream of mine. It’s more of an aspiration. See if it happens. If it don’t, I won’t be disappointed in anything I’ve done off the floor. We’ll see what happens.”

Source link

COMMENTS

Name

Africa,802,Americas,4083,Art & Culture,14726,Arts,6442,Arts & Design,1622,Asia,3222,Automobile,456,Baseball,593,Basketball,486,Books,3834,Business,5277,Celebrity,2633,Cricket,648,Crime,158,Cryptocurrency,1495,Dance,650,Defense,836,Diplomatic Relations,2496,Economy,1108,Editorial,260,Education,1207,Elections,308,Energy & Environment,3065,Entertainment,22541,Environment,3573,Europe,4170,Faith & Religion,235,Family & Life,817,Fashion & Style,3198,Finance,19716,Food & Drink,3688,Football,1103,Games,97,Gossip,10289,Health & Fitness,4028,Health Care,935,Hockey,222,Home & Garden,920,Humour,994,Latin America,49,Lifestyle,16858,Media,527,Middle East,1486,Movies,1671,Music,2594,Opinion,2938,Other,11761,Other Sports,4981,Political News,11324,Political Protests,2324,Politics,17588,Real Estate,1798,Relationship,106,Retail,3116,Science,2580,Science & Tech,9870,Soccer,213,Space & Cosmos,336,Sports,12033,Technology,3381,Tennis,542,Theater,1648,Transportation,313,Travel,2530,TV,3635,US,67,US Sports,1481,Video News,3531,War & Conflict,1069,Weird News,998,World,16227,
ltr
item
Newsrust - US Top News: LeBron James to become part-owner of Boston Red Sox
LeBron James to become part-owner of Boston Red Sox
https://www.gannett-cdn.com/presto/2020/12/15/USAT/3ddf0674-de00-4bcc-8b8b-aa2cfc6a9862-2020-12-14_LeBron_James.JPG
Newsrust - US Top News
https://www.newsrust.com/2021/03/lebron-james-to-become-part-owner-of.html
https://www.newsrust.com/
https://www.newsrust.com/
https://www.newsrust.com/2021/03/lebron-james-to-become-part-owner-of.html
true
732247599994189300
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content