- NBA star becomes first black partner at Fenway Sports Group
- RedBird Capital Partners also invest $750m in FSG
LeBron James has become a partner in Fenway Sports Group, meaning he is now a part-owner of the Boston Red Sox, Liverpool FC and US sports network NESN.
The news, first reported by the Boston Globe, means James and his business partner Maverick Carter are the first black partners at FSG after expanding their investment in the group.
Related: Why NBA stars like James Harden and LeBron James invest in soccer clubs
