Boston Red Sox Owner

Last Modified Sep 11, 2024 16:40 GMT
Baltimore Orioles v Boston Red Sox
Boston Red Sox

The Boston Red Sox are a famous American professional baseball team based in Boston, Massachusetts. They were founded in 1901 and are considered one of the most successful and iconic franchises in Major League Baseball (MLB) history. The Red Sox compete in the American League (AL) East Division and have won nine World Series championships. Their championship victories came in 1903, 1912, 1915, 1916, 1918, 2004, 2007, 2013, and most recently in 2018. These victories have solidified the Red Sox's legacy as one of the most accomplished teams in MLB.

Fenway Park is the home stadium for the Boston Red Sox, and it has been their ballpark since 1912. It is the oldest ballpark in MLB. Fenway Park is renowned for its historic charm and features, such as the famous Green Monster, Pesky's Pole, and the manually operated scoreboard. The team's name, the Red Sox, was chosen by owner John I. Taylor after the 1907 season. The name refers to the red hose (or socks) that were a part of the team uniform starting in 1908.

Who owns the Boston Red Sox?

Chelsea FC v Liverpool FC - Premier League
John W. Henry

Boston Red Sox are owned by Fenway Sports Group (FSG), an American multinational sports holding conglomerate. In addition to the Red Sox, FSG also owns Liverpool F.C. in the Premier League, the Pittsburgh Penguins of the National Hockey League, NASCAR's RFK Racing team, and TGL’s Boston Common Golf.

Fenway Sports Group was established in 2001 as New England Sports Ventures (NESV) when John W. Henry collaborated with Tom Werner, Les Otten, The New York Times Company, and other investors to acquire the Boston Red Sox.

John W. Henry serves as the principal owner of both Liverpool Football Club and the Boston Red Sox, alongside his ownership stake in the Pittsburgh Penguins and The Boston Globe, and RFK Racing as a co-owner.

John W. Henry’s role as the principal owner of the Boston Red Sox?

John W. Henry acquired the majority ownership of the Boston Red Sox on December 20, 2001. Under Fenway Sports Group's stewardship, significant steps have been taken to preserve and enhance Fenway Park, with investments exceeding $400 million dedicated to improvements.

Mr. Henry is actively involved in league affairs and serves as Cchairman of Major League Baseball's Business Board. He also holds positions as an ex-officio member of the Executive Council and is a participant in both the Committee on Economic Reform and the Investment Committee.

Since taking charge of the franchise in 2002, the Red Sox have achieved remarkable success, securing four World Series Championships, the most in Major League Baseball during this period, along with five American League East titles and 11 postseason appearances. From 2002 to 2022, they recorded a .551 winning percentage, ranking fourth highest across MLB. Notably, they set a franchise record with 108 regular-season victories in 2018.

Boston Red Sox Valuation

As per Forbes in March 2024, the Boston Red Sox' valuation is $4.5 billion.

List of Boston Red Sox owners

Here is the list of all owners of the Boston Red Sox throughout its history:

NameYears
Charles Somers1901–1903
Henry Killilea1903–1904
John I. TaylorApril 19, 1904–September 1911
John I. Taylor & Jimmy McAleerSeptember 1911–December 21, 1913
John I. Taylor & Joseph LanninDecember 21, 1913–May 15, 1914
Joseph LanninMay 15, 1914–November 2, 1916
Harry FrazeeNovember 2, 1916–August 2, 1923
Bob QuinnAugust 2, 1923–February 25, 1933
Tom YawkeyFebruary 25, 1933–July 9, 1976
Jean R. Yawkey (with Buddy LeRoux and Haywood Sullivan)†July 9, 1976–February 26, 1992
JRY Trust (John Harrington, CEO)February 26, 1992–December 20, 2001
New England Sports Ventures / Fenway Sports Group (John W. Henry, majority owner)December 20, 2001–present

FAQs on Boston Red Sox

A. The Red Sox play their home games at Fenway Park in Boston, Massachusetts.

A. The mascot of the Red Sox is Wally the Green Monster.

 A. The Curse of the Bambino refers to the Red Sox's 86-year championship drought after selling Babe Ruth to the Yankees in 1919.

A. The current manager is Alex Cora, who has managed the team since 2018 (with a brief break in 2020).

A. Joe Cronin is the longest-serving manager in Red Sox history, managing from 1935 to 1947.

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