LeBron James is involved with a lot of things outside of basketball. Now he’s in the game of baseball as well.
The Boston Globe reports that Fenway Sports Group, owners of Red Sox and Liverpool Football Club, announced on Tuesday that LeBron James has become part owner. Both he and Maverick Carter have joined the group of owners.
By becoming a partner in FSG, the Los Angeles Lakers star also will become a part-owner of the Red Sox as well as other FSG subsidiaries, including NESN, Roush Fenway Racing, and Fenway Sports Management.
This deal from RedBird Capital Patners is worth $750 million. The entire situation is still pending Major League Baseball’s approval. Getting that approval could take several weeks.
LeBron James is obviously known for his work on the basketball court, but he will now pay much closer attention to the baseball diamond. He owns an undisclosed amount of shares in the FSG group after holding around 2% of the shares in the Liverpool soccer franchise since 2011 as well.