March 17, 2021
Los Angeles Lakers star and newest member of the Boston Red Sox, LeBron James, can’t stop making history – whether it’s on the hardwood, the diamond, or in his investment portfolio.
A fifth NBA championship would mark a major step forward in James’ chase of Michael Jordan in the basketball GOAT discussion. But he can’t obtain that until the summer. In the meantime, the Lakers superstar is following Jordan’s footsteps into the sports ownership department. And, like MJ, James is breaking down barriers in his pursuit.
The Globe also revealed that FSG — which owns and operates the Boston Red Sox and Liverpool F.C., and has grand ambitions to invest in sports franchises and enterprises around the globe — approved a $750 million investment from RedBird Capital that will skyrocket the company’s value. The deal will infuse FSG with billions of dollars worth of capital to expand its business, with James spearheading the branding efforts.