Since 2011 LeBron James has owned a 2% stake in England's Liverpool Football Club, which he bought for £4.7 million ($7.6m). But this week it was revealed that James has increased his links to the English Premier League club by becoming a minority partner in Fenway Sports Group (FSG), which owns the rest of Liverpool FC as well as the Boston Red Sox. The move means that James and his business partner Maverick Carter are the first Black partners at FSG.

James has long been scoring in the world of business as well as on the basketball court. Listed fifth on Forbes' highest-paid athletes list of 2020 with earnings of $88 million and an estimated net worth of $450 million, the Lakers star has bolstered his sports salary and endorsement deals with savvy investments. For example, James founded sports nutrition company Ladder alongside Arnold Schwarzenegger in 2018, selling on a majority stake to fitness app Openfit just two years later.

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