After becoming part owner of Red Sox, LeBron James says he will own NBA team “sooner than later”

LeBron James
CHICAGO, ILLINOIS – FEBRUARY 15: LeBron James of the Los Angeles Lakers speaks to the media during 2020 NBA All-Star – Practice & Media Day at Wintrust Arena on February 15, 2020 in Chicago, Illinois. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jonathan Daniel/Getty Images)

LeBron James has shown for a while now that the competitive edge he plays with is not limited to the basketball court. On Tuesday, it was announced that the Los Angeles Lakers star was making history by becoming a part owner of the Boston Red Sox alongside his friend and longtime business partner Maverick Carter. The two became the first Black partners of the Fenway Sports Group.

James, whose other business ventures include entertainment companies and a stake in English soccer’s Liverpool FC, spoke to the media after the Lakers’ blowout win over the Timberwolves on Tuesday and made it clear he was not stopping there:

That sure sounds like a man who already has a set plan for this objective. There has been a lot of discussion about potential expansion teams in Seattle, Las Vegas, and elsewhere. It would not be surprising to see James lead the charge for one of those franchises once he finally retires from the game. Or perhaps, he will go back to Cleveland once again and become the owner of Cavaliers if Dan Gilbert ever chooses to sell the team (maybe the legal documents can be written in comic sans).

It takes a lot of money to become the majority owner of an NBA franchise, money that professional athletes seldom earn even with their lines of income outside of their salaries. But James is going to go down as one of the most financially successful North American athletes of all time and with his mind set on it, it would be a surprise to not see helm a franchise in the Association in the not-so-distant future.

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