LeBron James is on his way to becoming the billion dollar name he has always desired to be.
Fenway Sports Marketing -- the sister company of the Red Sox -- said Wednesday it has signed James and the management company he helped create, LRMR, to a long-term deal to secure marketing and sponsorship opportunities. As part of the deal, James obtained a piece of Liverpool FC, one of the world's most famed soccer teams and a longtime marquee franchise in the English Premier League.
FSM handles the marketing for the Red Sox, Liverpool and Roush Fenway Racing, and now it will handle James, too.
"What FSM does for Roush Fenway, Liverpool and the Red Sox, we will now do for LeBron James," FSM President Sam Kennedy said. "We will aggressively pursue business opportunities for him."
The obvious goal of all parties involved with this deal is creating a GLOBAL BRAND
The obvious goal of all parties involved with this deal is creating a GLOBAL BRAND
With the addition of LeBron James, FSM has essentially created a global marketing Holy Trinity in Liverpool FC, Boston Red Sox, and LeBron James, 3 HUGE globally recognized brands.
Haters may say LeBron has no business owning stock in soccer, and his avid love for the Yanks make his move to ink a deal with the Sox confusing. But in my opinion, the move is BRILLIANT.
WHAT DO YOU THINK ABOUT LEBRON'S NEW DEAL?
~Z





