LeBron James ‘could become Celtics co-owner as his Fenway Sports Group explores purchase of Lakers rival’
LA Lakers star LeBron James could become a co-owner of the Boston Celtics, according to a new report.
James has owned a stake in Liverpool (who are owned by Fenway Sports Group) since 2011, and further became a partner in FSG in 2021, giving him ownership in the Red Sox and Pittsburgh Penguins as well.
Now, the New York Post is reporting that FSG and RedBird Capital (who are also closely associated with the four-time NBA champ) are considering bidding for the Celtics
Boston won an NBA-record 18th title in June when they defeated the Dallas Mavericks, but owner Wyc Grousbeck surprised fans shortly after by announcing that he was selling the team.
The franchise is seeking $6billion in the sale, sources told The Post.
James, 39, is still going strong for the Lakers and would not be able to own a stake in the Celtics while still an active player.
However, the sale is reportedly expected to be a two-step process – with the final 49 percent of the franchise not sold until 2028.
By that time, it’s likely that a 43-year-old James would be done playing and would be able to be involved with the Celtics.