There’s a feasible path to LeBron James owning a stake in the Boston Celtics after he retires.
According to the New York Post‘s Josh Kosman, Fenway Sports Group is “seriously considering” making a bid to purchase the prestigious NBA franchise. The Los Angeles Lakers star is a partner with the conglomerate, which owns the Boston Red Sox, Pittsburgh Penguins, and Liverpool soccer club.
However, the 39-year-old would have to wait until he stops playing. The NBA prohibits any active players from owning any NBA team.
James has never hid his desire to one day buy an NBA franchise. He made that intention clear after joining Fenway Sports Group in 2021.
“I’ve always said that. My goal is to own a team, own an NBA team,” James said. “I 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. And so, that is my goal. My goal is to own an NBA franchise, and it will be sooner than later.”
James is particularly interested in bringing a team to Las Vegas, calling that his “ultimate” goal.
“It’s the best fan base in the world,” James said of Vegas in 2022. “I would love to bring a team here at some point.”
While Fenway is currently pursuing a stadium in Vegas, Kosman said they “would likely move on” from that quest if turning its attention to the Celtics.
The Celtics announced plans to explore a sale after winning their 18th NBA championship. They’re reportedly seeking $6 billion, which should exceed a $4 million Phoenix Suns sale as the biggest price tag in NBA history.
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