CultureHead Magazine

LeBron James
Image via UNINTERRUPTED
LeBron James
Image via UNINTERRUPTED

3-time NBA Champion LeBron James has made another big splash in the sports world. On Tuesday it was announced that NBA star LeBron James, along with his business partner Maverick Carter, would be joining Fenway Sports Group as partners. The partnership gives James an ownership stake in the company’s subsidiary teams that include the Boston Red Sox, Liverpool FC, Roush Fenway Racing, and the regional sports network NESN. With the newly formed partnership, James and his business partner will become the company’s first Black partners.  

“I think for me and for my partner, Maverick, 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,” James said.“It gives me and people that look like me 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 I Promise School more and more inspiration as well.”  

Before the partnership deal, LeBron James already had links with FSG, having co-produced the sitcom show Survivor’s Remorse on STARZ with Tom Werner in 2014. Tom Werner is a current chairman of the Red Sox and Liverpool, which James already owned a part of.

It has been no secret that over the past few years King James has wanted to duplicate his on-court success onto the business world. “I’ve always said that my goal is to own an NBA team,” he said. “I’ve got so much to give to the game, I know what it takes to win at this level. I know talent. I also know how to run a business as well. So that is my goal. My goal is to own the NBA franchise, and it will be sooner rather than later.” 

See also  Back 4 Blood is Missing What Made Left 4 Dead Great

LeBron James will have to wait until retirement as current league rules forbid active players to own NBA franchises. However, this hasn’t stopped James from helping others accomplish similar ownership aspirations. In January of this year, when the WNBA’s Atlanta Dream was put up for sale, James helped Renee Montgomery, former WNBA player and activist, form an ownership group to complete the purchase. We’re excited to see King James’s influence and success on this new business venture.

More From CultureHead

New Season of Elite Plays Old Tropes In a Flashy Way. Does It Work?

Netflix’s hit Spanish teen drama is back for another season of love triangles and plot twists. This time, the students of Las Encinas

Click Here to read more

5 Short Indie Games About Death

Dying in video games usually isn’t that big of a deal – you either respawn or begin a new game. And killing enemies

Click Here to read more

12 TV Premieres to Look Out For in July 2021

We are back again with another completely arbitrary list of TV shows worth checking out next month. Feel free to add them to

Click Here to read more

Back 4 Blood is Missing What Made Left 4 Dead Great

A recent dev interview with Game Informer has brought some critical info for Turtle Rock’s Black 4 Blood. My initial concerns were the

Click Here to read more

5 Things From The Loki Trailers We’re Most Curious About

Ever since the God of Mischief was introduced to the MCU with Kenneth Branagh’s Thor (2011), fans have been clamoring and signing petitions

Click Here to read more

Starstruck Is The Ultimate Summer Romance TV

The premise of Starstruck, a BBC and HBO Max series, sounds straight out of fanfiction, and the show embraces it with full vigor and

Click Here to read more

Exploring Resident Evil: Village’s Use of Horror Genres

A look into the many genres of horror in The latest Resident Evil  Major Spoilers ahead;  With eight main games, plenty of beloved

Click Here to read more

Pose Walks the Tightrope Between Reality and Escapism

Spoilers ahead The question of what does a show or a film that breaks the representation norms of marginalized groups owe to its

Click Here to read more

The Conjuring: The Devil Made Me Do It Review

The Conjuring: The Devil Made Me Do It is the third major installment of The Conjuring film franchise and the 7th in the

Click Here to read more

Shadow and Bone: 5 Reasons Why The Show Nailed It

Netflix’s fantasy drama series Shadow and Bone has been a wondrous success. It masterfully brings to life Leigh Bardugo’s enchanting Grishaverse universe-a world

Click Here to read more