The 4-time champion LeBron James mentioned that he wants to own an NBA franchise soon after becoming a part-owner of Boston Red Sox. This deal has put him a step closer to that goal.
“I got so much to give to the game, I know what it takes to win at this level, I know talent and I also know how to run a business as well. So that is my goal. My goal is to own a NBA franchise, and you know it’ll be sooner than later.” James Said.
James already owned 2% of Liverpool, the current English Premier League champion, and expanding his investment by joining the FSG, James and his business partner Maverick Carter will become company’s first Black partners.
FSG is among the largest sports ownership entities in the world, and James’ involvement will only increase its reach. In addition to James coming onboard, FSG received a $750 million investment from RedBird Capital Partners, according to The Boston Globe, which first reported James’ ownership stake.
Additional Report: Jeff Pasan ESPN
Image Source: NBA, ESPN