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.
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“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.
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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