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LeBron James gets stake in Liverpool

Updated: April 7, 2011, 12:30 PM ET
ESPNBoston.com

MIAMI -- LeBron James is getting into the soccer business, aligning with the owners of the Boston Red Sox.

Fenway Sports Management -- 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.

"I ...

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