LeBron James Becomes First Black Part-Owner Of Fenway Sports Group

LeBron James and his business partner, Maverick Carter, have obtained a moderate ownership stake in Fenway Sports Group. Through this partnership, James and Carter will own a portion of Roush Fenway Racing, Liverpool F.C., Boston Red Sox and NESN. Carter and James are the first two Black men to own a portion of Fenway Sports Group.

"It's great to be with such a great group," James said.

"They've done so many great things over the years, and just that collective group of people, they're amazing to be part of. The Red Sox are a historical franchise. We know the history of the World Series championships they've brought back to Boston, the players that have come through there and legacy they hold."

James and Carter have had a longstanding relationship with Tom Werner of the Fenway Sports Group. James and Carter initially developed a bond when James and Carter purchases a portion of Liverpool F.C. The trio also worked together to produce a show on Starz called Survivor's Remorse starring Jessie T. Usher, Tichina Arnold, Mike Epps and Teyonah Paris.

Together, the trio may soon look to purchase an NBA team. If successful, James would be the second Black majority owner in the league.

"I've always said my goal is to own an NBA team," the reigning NBA Finals MVP said.

"I've got so much to give to the game. I know what it takes to win at this level. I also know how to run a business, so that is my goal. My goal is to own an NBA franchise. It'll be sooner than later."

In the meantime, James and Carter will continue to develop their media empire through sports and other ventures. Most notably, the duo will work through their SpringHill Entertainment imprint to bring the latest installment of the Space Jam franchise to life. It is set to debut in July 2021.

Photo Credit: Getty Images

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