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LeBron James Becomes Part Owner of Boston Red Sox

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Los Angeles Lakers superstar LeBron James has officially become a partner in the Fenway Sports Group, which now makes him a part owner of Major League Baseball’s storied Boston Red Sox organization, according to ESPN.

As originally reported by the Boston Globe on Tuesday, James and Maverick Carter — his longtime friend and business partner — are now partners at Fenway Sports Group (FSG), and now own an undisclosed amount of ownership shares of FSG.

James, 36,will become a partial owner of other FSG subsidiaries, including NASCAR team Roush Fenway Racing, sports cable network NESN and Fenway Sports Management, and previously held a 2% ownership stake in British soccer club Liverpool.

Anthony DiMoro is the creator of Sports Rants and the CEO of Elite Rank Media. He is a former Contributor for Forbes and the Huffington Post where he covered sports, social media, and SEO. Anthony formerly hosted the 'Forbes SportsMoney Podcast'.

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