The superstar has long been known as a destroyer of Bostonís NBA team. But he could help the cityís baseball franchise rediscover its fortunes
A few years ago, it would have sounded like a joke without a punchline but itís 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, itís difficult to imagine how this wonít be a positive development for both the team and baseball itself.
Now, itís not surprising at all that James would invest money in a sports franchise. James Ė whose estimated net worth lies somewhere in the $500m range Ė 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.
Related: LeBron James becomes partner at FSG, owner of Liverpool and Boston Red Sox
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