Los Angeles Lakers forward LeBron James might be one of the busiest players on the court but that hasn’t stopped ‘the King’ from making moves off the court. James along with his business partners Maverick Carter & Co. acquired some stake at the MLB team the Boston Red Sox.
James now is a part owner of one of the biggest soccer teams in Liverpool FC and a great MLB team in Boston Red Sox. Given the impact he has on the court, will LBJ be willing to take some risks and have a say in the decision-making process of these teams?
Liverpool and Boston Red Sox chairman Tom Werner recently spoke with the Athletic about what he expects from LeBron James’ latest move.
When asked whether he expects ‘King James‘ to affect the management decisions of both the teams, Werner said, “I will be surprised actually if they don’t weigh in, I would welcome their thoughts,”
The 70-year-old also opened up about his special relationship with James’ business partner Maverick Carter. “We have a very collaborative relationship, so I would actually say that their wisdom and their experience is going to be hugely helpful to us going forward.”
Werner also revealed what he thinks of Bron as an investor. “I think LeBron is a very smart investor, and I think given the opportunity to acquire equity in an enterprise rather than just be someone who is a spokesperson or who gets a high pay day for being somebody who is a sponsor, he saw that this was a long-term strategic partnership that he’d have and that he could add value to the football club,”
This is a massive opportunity for Bron to make some headway in management. Teams like Liverpool FC and the Boston Red Sox are massive teams in their respective leagues.
Getting an insight into ownership and how to impact its decisions can be a game-changer for James. Historically, NBA players haven’t been the best owners so far.
Even his idol Michael Jordan has seen only mediocre success with the Hornets. He might still be elite on the court, but there is no denying that Bron stepping away from the game is a matter of time.
In the meanwhile, if he does have some insight into ownership, he will be ready for off-court success as well.
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