LeBron James (Photo by Getty Images/Getty Images for EIF & XQ)
<p data-pm-slice="1 1 []">#Roommates, <a href="https://dev.theshaderoom.com/lebron-james-shares-that-he-wants-to-do-an-album/">LeBron James</a> has already cemented his legacy in the world of basketball, but now he is set to make major moves in baseball as well—courtesy of a new partnership worth millions. According to recently confirmed reports, LeBron James is set to become the new co-owner of the Boston Red Sox baseball team in a business venture with Fenway Sports Group.</p>
<p>LeBron James has been making money and <a class="ProsemirrorEditor-link" href="https://www.bostonglobe.com/2021/03/16/sports/fenway-sports-group-adds-lebron-james-partner-approves-deal-jump-start-plan-acquire-more-teams/">power moves</a> for years—but this latest move could transition him into a multi-sport mogul. @BostonGlobe reports, Fenway Sport Group (which is the parent company of the Boston Red Sox) just finalized a $750 million private investment that would officially make RedBird Captial Partners it’s third-largest. However, the even bigger news is that with this new investment a new partner was added to the roster…enter NBA champion LeBron James.</p>
<p>Once Major League Baseball approves the deal in reportedly the next few weeks, LeBron will not only become a partner, but will also be named as a part owner of the Boston Red Sox. Additionally, he will also be co-owner of other Fenway Sports Group subsidiaries, including Roush Fenway Racing and Fenway Sports Management.</p>
<p>As of now, the amount of shares LeBron owns has not been undisclosed, but it’s said that it is considerably more than the current 2% percent he owns of the Liverpool, England soccer franchise.</p>
<p>He is also bringing someone very close to him along for the lucrative deal. LeBron’s close friend and long-time business partner Maverick Carter will be co-owner alongside him—making them the first Black partners in Fenway Sport Group history.</p>
<p>That’s definitely a welcomed dose of #BlackExcellence!</p>
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