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USA Today Sports Media Group
USA Today Sports Media Group
Sport
Sanjesh Singh

Lakers’ LeBron James now part-owner of Pittsburgh Penguins

Los Angeles Lakers star LeBron James is one of the most prominent athletes of all time, and his accomplishments extend beyond the realm of basketball.

Not only does James play a major sport but he also has ownership stakes in other professional teams.

He started with English Premier League’s Liverpool F.C., where he had a small stake. Over the summer, James joined Fenway Sports Group — which owns Liverpool — as a part-owner and turned in his Liverpool stake for a larger role with more teams, including the Boston Red Sox.

Now, Fenway Sports Group agreed to purchase the controlling interest of NHL’s Pittsburgh Penguins in a deal reportedly worth $900 million, according to Pierre LeBrun of The Athletic:

Fenway Sports Group has agreed to purchase a controlling interest in the Pittsburgh Penguins, adding the NHL team to a ownership portfolio that includes the Boston Red Sox and Liverpool FC. The sale is believed to be for around $900 million, The Athletic’s Pierre LeBrun reports.

This means James is now a part-owner of the Penguins, Red Sox, Liverpool and RFK Racing.

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