March 17, 2021
The superstar has long been known as a destroyer of Boston’s NBA team. But he could help the city’s baseball franchise rediscover its fortunes
Will LeBron James turn out to be the Boston Red Sox unlikely savior?
A few years ago, it would have sounded like a joke without a punchline but it’s true: Los Angeles Lakers superstar LeBron James is now a partial owner of the Boston Red Sox. On Tuesday, news spread that James and business partner Maverick Carter would be, pending MLB approval, partners in Fenway Sports Group, the company which owns Liverpool FC, the sports network NESN and the Red Sox. While the idea of James helping to guide the future of the historic franchise will require a period of adjustment for fans and media alike, it’s difficult to imagine how this won’t be a positive development for both the team and baseball itself.
Now, it’s not surprising at all that James would invest money in a sports franchise. James – whose estimated net worth lies somewhere in the $500m range – has been very clear that his ultimate goal is to one day own an NBA franchise. He already owned a 2% share in Liverpool, so this is just another step towards his retirement goal.
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