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LeBron James Becomes Part-Owner Of Boston Red Sox After Joining Fenway Sports Group As A Partner

Credit: AP Photo

Credit: AP Photo

LeBron James keeps making moves off the court and he keeps expanding his investments, this time becoming a part-owner of the Boston Red Sox, one of the biggest baseball clubs in MLB. The King was already part of Fenway Sports Group and had bought a share of Liverpool FC from the English Premier League.

According to Michael Silverman of the Boston Globe, the player is now owning a team that is the archrivals of his favorite MLB club, the New York Yankees. This is a good start for the Los Angeles Lakers superstar and his aspirations to own an NBA team in the future.

The other development introduced another new FSG partner who needs no introduction: LeBron James.

James, one of the most recognizable, influential, and richest athletes on the global stage, now owns an undisclosed amount of FSG shares after previously holding an approximately 2 percent share of the Liverpool soccer franchise since 2011.

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.

It's unclear how much of the team he owns but Bron is ready to help them improve their level, just like he's done with everything he's played for in the association. His relationship with the Sox and especially the Boston Celtics isn't the best one, but this is business and if the fans want to see their team thrive again, they will have to trust the process.