What Teams Does LeBron Own? Unpacking His Sports Investment Portfolio

Orin Turcotte DVM

27 Jul, 2025

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When we talk about "teams," our minds might first go to tools that help people work together, like those described in "My text" – platforms that bring folks together for efficient communication and teamwork. You know, like how Microsoft Teams allows users to organize, join, and manage online meetings seamlessly with various collaboration tools, or how it’s a communication and collaboration platform with AI capabilities and cloud calling, integrating tools for effective teamwork in Microsoft 365. It's about connecting people, content, and tools for efficient teamwork and communication, letting users chat, meet, call, and collaborate in one place. You can get Microsoft Teams on all your devices, with desktop apps for Windows, macOS, and Linux, as well as mobile apps for iOS and Android. You just sign in to your Microsoft Teams account to join and manage online meetings, collaborate with teams, and access various features.

But today, we're actually looking at a quite different kind of team, one that plays on courts and fields, rather than in a digital meeting room. We're talking about the sports teams a certain basketball legend has a stake in. LeBron James, a name known the world over for his incredible talent on the basketball court, has also made a name for himself as a very smart business person.

So, the big question on many people's minds is, "What teams does LeBron own?" It's a question that pops up a lot, especially as more athletes look to build lasting legacies beyond their playing days. His involvement in sports ownership is a pretty interesting story, showing how he’s building a business empire that goes far beyond just basketball.

LeBron James: A Brief Biography
- Personal Details and Bio Data
LeBron's Ownership Journey Begins
Fenway Sports Group and the Liverpool Connection
Other Sports Ventures
The Business Mind of LeBron James
Frequently Asked Questions

LeBron James: A Brief Biography

LeBron James, born in Akron, Ohio, is truly one of basketball's most celebrated figures, you know. His journey from a young phenom to a global icon is a story many people follow. He entered the NBA right out of high school in 2003, picked first overall by the Cleveland Cavaliers. From the very start, he showed an incredible ability to play the game, setting records and winning awards.

Over his long career, he has played for the Cavaliers, the Miami Heat, and the Los Angeles Lakers, so far. He's won multiple championships, MVP awards, and Olympic gold medals, too. His influence goes well beyond the basketball court, reaching into business, media, and community work. He’s often seen as a player who changed the game, not just with his skills but with his overall impact on the sport and culture.

Personal Details and Bio Data

Detail	Information
Full Name	LeBron Raymone James Sr.
Born	December 30, 1984 (currently 39 years old as of late 2024)
Birthplace	Akron, Ohio, USA
Height	6 ft 9 in (2.06 m)
Weight	250 lb (113 kg)
Nickname	King James, LBJ, The Chosen One
NBA Draft	2003 / Round: 1 / Pick: 1
Teams Played For	Cleveland Cavaliers, Miami Heat, Los Angeles Lakers
Spouse	Savannah Brinson James
Children	Bronny, Bryce, Zhuri
Net Worth (Estimated)	Over $1 Billion (as of 2022, per Forbes)

LeBron's Ownership Journey Begins

LeBron James didn't just wake up one day and decide to buy a sports team, you know. His path to ownership has been a gradual one, built on smart choices and a keen eye for business opportunities. He's always been someone who thinks about the long game, even when he was just starting out in the NBA. This long-term thinking has helped him build a business portfolio that's quite impressive.

His first major step into sports ownership came through a partnership that many people might not have expected at the time. It showed his willingness to look beyond basketball for investment possibilities, which is pretty interesting. This approach has allowed him to spread his business interests across different sports, not just the one he plays. It's a way to grow his wealth and influence outside of his playing salary, which is a very smart move.

Fenway Sports Group and the Liverpool Connection

One of LeBron James's most notable sports investments is his stake in Fenway Sports Group (FSG), a very big company that owns several major sports properties. This connection is where his ownership of parts of sports teams really takes shape, you know. It’s a significant part of his business story, and it shows his reach goes far beyond just basketball in America.

FSG is a powerful player in the sports world, so it makes sense that LeBron would want to be a part of it. His involvement gives him a piece of some truly famous teams, which is quite something. It's a partnership that has grown over time, showing a lot of trust and shared vision between him and the group. This is where the Liverpool FC connection comes in, which many fans find very interesting.

The Initial Investment

LeBron James first became a part-owner of Liverpool Football Club, a very famous English soccer team, back in 2011. This happened through a marketing deal he signed with FSG, which at the time was called New England Sports Ventures. As part of that agreement, he received a small percentage of Liverpool FC, which was a pretty clever way to get involved in sports ownership without having to buy a whole team outright. It was a strategic move that put him in a good position for future growth.

This initial stake was a modest one, reportedly around two percent, but it was a big deal because it marked his first official step into owning a piece of a professional sports team. It also showed his global vision, investing in a sport that has a massive following all over the world. This early investment was a clear sign of his business ambition, honestly, and it set the stage for bigger things to come in his investment journey.

Expanding the Stake

Years later, in 2021, LeBron James deepened his ties with Fenway Sports Group, you know. He became a full partner in FSG, which meant his ownership stake in Liverpool FC grew. This move also gave him a piece of all the other properties that FSG owns, which is a pretty big deal. It showed a lot of confidence in the group's future and in his own ability to be a major player in the sports business world.

This expansion of his stake was a significant financial step, too. It solidified his position as a serious sports investor, not just a celebrity with a small share. The exact percentage of his ownership in FSG isn't always publicly shared in detail, but it's understood to be a substantial amount, making him a true partner. This kind of investment really makes him a part of the bigger picture in sports, which is pretty cool.

What This Means for Liverpool FC

For Liverpool FC, having someone like LeBron James as a part-owner brings a lot of attention and prestige, that's for sure. His global fame helps raise the team's profile, especially in markets where soccer might not be the top sport, like in the United States. It's a way to connect the club with a wider audience and bring in new fans. His involvement also shows the club is attracting high-profile investors, which can be good for its image.

While he doesn't make day-to-day decisions for the team, his presence as an investor adds a certain level of star power and business savvy to the ownership group. It’s a mutually beneficial relationship, really. Liverpool gets the benefit of his brand, and he gets to be a part of a very successful and historic sports franchise. It's a good example of how sports and celebrity can come together in the business world.

Other Sports Ventures

Beyond his significant stake in Fenway Sports Group, LeBron James has also explored other sports investment opportunities, too. He's not just focused on basketball or soccer; his interests are quite broad. This shows his desire to diversify his business portfolio and be involved in different parts of the sports world. It’s a smart way to spread risk and find new areas for growth.

His involvement in these other ventures further proves that he's serious about being a business person, not just a basketball player. He looks for chances where he can add value and where he sees potential for a good return on his investment. These additional ventures really paint a picture of a very active and strategic investor, which is pretty impressive for someone still playing at a high level.

The Pittsburgh Penguins

As a partner in Fenway Sports Group, LeBron James also holds an indirect stake in the Pittsburgh Penguins, a very successful ice hockey team in the NHL. FSG completed its acquisition of the Penguins in 2021, which meant that all of FSG's partners, including LeBron, now had a piece of the hockey franchise. So, while he didn't directly buy a share of the Penguins on his own, his expanded role with FSG gave him this ownership. It's an interesting way his investments are connected.

This adds another major sport to his ownership portfolio, which is pretty cool. It shows how being a part of a larger investment group can open doors to many different opportunities across the sports landscape. It’s a testament to the power of strategic partnerships in the business world. His involvement, even indirectly, links his name to another top-tier professional sports team, which is a big deal.

Boston Red Sox

Similarly, through his partnership with Fenway Sports Group, LeBron James also has an indirect ownership interest in the Boston Red Sox, the famous Major League Baseball team. The Red Sox have been owned by FSG for a long time, so when LeBron became a full partner in the group in 2021, he automatically gained a share of this historic baseball franchise, too. It’s another example of how his FSG investment broadens his reach across different sports.

This means he's now connected to baseball, a sport with a deep history and a huge fan base in America. It further diversifies his holdings and places him among the owners of some of the most iconic sports teams anywhere. It really shows the wide scope of his business dealings, which is something to think about. His influence is growing in more ways than just basketball, which is pretty neat.

Major League Pickleball

More recently, LeBron James has also invested in Major League Pickleball (MLP), a rapidly growing sport that has gained a lot of popularity. This investment is separate from his FSG dealings and shows his willingness to put money into emerging sports. He joined a high-profile ownership group for a specific MLP team, which is quite interesting. This move highlights his forward-thinking approach to business.

Pickleball is a sport that many people are getting into, and LeBron's investment brings a lot of attention to it. It’s a different kind of venture compared to established teams like Liverpool or the Red Sox. This shows he’s not afraid to back new ideas and new sports that have a lot of potential for growth. It’s a pretty unique choice for a major athlete, honestly, and it speaks to his varied interests.

The Business Mind of LeBron James

LeBron James is not just a basketball player; he is, in a way, a very shrewd business person. His ownership stakes in various sports teams show a clear strategy to build a lasting legacy beyond his playing career. He understands the value of long-term investments and the power of diversification. He’s looking to create generational wealth and influence, which is a big goal for anyone.

His approach involves partnering with strong organizations like Fenway Sports Group and identifying growth opportunities in both established and up-and-coming sports. This careful planning sets him apart from many athletes who might not think as much about their post-playing financial future. He’s building a true empire, you know, and his sports team ownership is a big piece of that puzzle. It's a pretty inspiring story of someone making the most of his opportunities, honestly, and it shows a lot of foresight.

Frequently Asked Questions

Yes, he does. LeBron James first got a small stake in Liverpool FC back in 2011 through a marketing deal with Fenway Sports Group. Then, in 2021, when he became a full partner in FSG, his ownership in the football club grew, so he has a bigger piece of it now.

What other sports teams has LeBron invested in?

Through his partnership with Fenway Sports Group, LeBron James also has indirect ownership stakes in the Boston Red Sox, a Major League Baseball team, and the Pittsburgh Penguins, an NHL ice hockey team. He also has a direct investment in a Major League Pickleball team, which is a newer venture.

Is LeBron James a billionaire?

Yes, he is. Forbes reported in June 2022 that LeBron James had officially reached billionaire status, making him the first active NBA player to do so. His wealth comes from his playing salary, endorsements, and very smart business investments, including his ownership stakes in sports teams and other ventures like SpringHill Company, a media enterprise. You can learn more about his financial journey and other ventures from sources like Forbes, for example.

To learn more about LeBron's business ventures on our site, and to link to this page his full career timeline.