Basketball-great LeBron James will become co-owner of the Boston Red Sox through its parent company, according to a report published Tuesday in The Boston Globe.
The Lakers star will join Fenway Sports Group as a partner, along with private investment group RedBird Capital Partners and James’ business partner Maverick Carter, a source told The Globe.
James already had an interest in the English football club Liverpool Football Club, most of which is owned by Fenway Sports Group. The new development would mean a deepening of their relationship.
The addition of new partners also signals interest in expanding Fenway Sports Group, led by billionaire John Henry, from its current holdings, including cable channel NESN, a marketing division, a real estate company and Roush Fenway Racing., Along with the Red Sox and Liverpool. . That may include buying more equipment.
Both the Red Sox and Liverpool ended long title droughts under the ownership of Fenway Sports Group, while James brought the first championship to Cleveland with the Cavaliers.