In a surprising twist that could shake up the NBA landscape, LeBron James might soon find himself part-owner of the Boston Celtics. This development comes as Fenway Sports Group (FSG), a sports investment company in which James is already a partner, considers purchasing the storied franchise.
Fenway Sports Group is no stranger to high-profile sports investments. The company already owns the Boston Red Sox, Liverpool Football Club, and Roush Fenway Racing. LeBron James joined FSG in 2021, becoming a part-owner of the Red Sox and expanding his influence in the sports world.
Reports suggest that FSG, along with RedBird Capital, is eyeing a bid for the Boston Celtics. The Celtics, fresh off their latest NBA Championship, have been valued at a staggering $6 billion. This potential acquisition would mark a significant expansion of FSG’s portfolio and could pave the way for James to transition into NBA ownership once he retires from playing.
LeBron James has long expressed interest in owning an NBA team. His business acumen and deep understanding of the game make him a prime candidate for such a role. However, NBA rules prevent current players from owning teams, meaning James would have to wait until his retirement to officially join the Celtics’ ownership group.
The idea of LeBron James, a Los Angeles Lakers icon, becoming part-owner of the Celtics is almost unthinkable for many fans. The Lakers and Celtics share one of the most intense rivalries in sports history. Yet, this move could symbolize a new era of collaboration and business savvy in the NBA, transcending traditional team loyalties.
While the sale process is still in its early stages, the possibility of LeBron James becoming a Celtics owner is a fascinating prospect. It highlights his ambition to remain influential in the basketball world long after his playing days are over. As FSG and RedBird Capital navigate the complexities of this potential purchase, NBA fans will be watching closely to see if one of the game’s greatest players will soon be calling the shots from the owner’s box.