LeBron James joined Fenway Sports activities Group as a accomplice, giving him an possession stake in its subsidiaries that features the Boston Crimson Sox, Liverpool FC, and NESN.
James beforehand had a 2% possession stake in Liverpool.
The Crimson Sox are at the moment valued at $3 billion.
FSG additionally obtained a $750 million funding from RedBird Capital Companions.
James has spoken about his want to personal an NBA staff after he retires.