17-time NBA All-Star LeBron James has become the "first black partner" at Fenway Sports Group (FSG), expanding his stake in Premier League side Liverpool while also becoming part owner of iconic MLB franchise the Boston Red Sox. James, 36, and his business partner, Maverick Carter, have expanded their investment in FSG, the conglomerate which maintains ownership of Liverpool, the Red Sox and US sports network NESN, as part of a new wave of investment in the group which also saw a $750 million cash injection from RedBird Capital Partners. It has been reported that FSG intends to use these funds to help fund the purchase of further sport
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