Arguably the best basketball player in the world, LeBron James is becoming a savvy sports investor. Kelvin Kuo-USA TODAY Sports

LeBron James becomes part owner of Boston Red Sox

By Zac Wassink | Last updated Mar 16, 2021 4:51 PM ET

Los Angeles Lakers superstar LeBron James used to annoy Cleveland Indians fans when he would rock New York Yankees gear as a member of the Cleveland Cavaliers:

The four-time NBA champion is now linked with the Bronx Bombers' biggest rivals.

Michael Silverman of the Boston Globe (h/t ESPN) reports that James and business associate Maverick Carter have become partners in the Fenway Sports Group and, thus, are part owners of the Boston Red Sox. The amount of ownership shares obtained by James and Carter isn't known as of Tuesday afternoon.

According to Asher Klein of NBC10 Boston, Major League Baseball must approve the moves before they become official.

James, 36, acquired a 2% stake in reigning English Premier League champions Liverpool via a 2011 business deal. After Liverpool clinched the title for the pandemic-altered 2019-20 campaign last June, James took to Twitter to celebrate the club's achievement.

Joe Pompliano of Huddle Up added:

In 2011, LeBron James accepted a 2% stake in Liverpool FC through a business deal with Fenway Sports Group.

The investment has increased in value from $6.5M to $44M.

Now, with RedBird Capital investing $750M in FSG, LeBron James has been named a partner.

(H/T @MikeSilvermanBB) pic.twitter.com/dKzxGojkIS
— Joe Pompliano (@JoePompliano) March 16, 2021

Zac Wassink

Zac Wassink is a longtime sports news writer and PFWA member who began his career in 2006 and has had his work featured on Yardbarker, MSN, Yahoo Sports and Bleacher Report. He is also a football and futbol aficionado who is probably yelling about Tottenham Hotspur at the moment and who chanted for Matt Harvey to start the ninth inning of Game 5 of the 2015 World Series at Citi Field. You can find him on X at @ZacWassink

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