LeBron James Becomes Part Owner of The Boston Red Sox

LeBron James is becoming a part-owner of the Boston Red Sox, a franchise valued at over $3 billion. Not only that, but he made it clear he has his sights set on owning a team in the NBA someday, too.

A person with knowledge of the situation said Tuesday that James — the Los Angeles Lakers star — and his longtime business partner Maverick Carter are now partners in the Fenway Sports Group. The person, who did not reveal the size of the investment made by James or Carter, spoke to The Associated Press on condition of anonymity because none of the parties involved had announced the moves publicly.

Following the Lakers’ win against the Minnesota Timberwolves on Tuesday, James said he wants to own an NBA team someday. “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,” James said, per Reuters. “So that is my goal. My goal is to own a NBA franchise, and you know it’ll be sooner than later.”

James said he’s excited to be a part of the Red Sox ownership group and particularly that he gets to do so with Carter. “For me, and for my partner Maverick (Carter), to be the first two black men to be a part of that ownership group, in the history of that franchise, I think it’s pretty damn cool, it gives me and people that look like me, you know, hope and inspiration that they can be in a position like that as well, that it can be done. It gives my kids at my primary school more and more inspiration as well. It’s a pretty amazing thing and for me to continue to build my portfolio off the floor also in a beautiful game like baseball.” James said, per Reuters.