LeBron James Now Owns Part of the Pittsburgh Penguins

LeBron James Now Owns Part of the Pittsburgh Penguins
Los Angeles Lakers forward LeBron James is ejected after fouling Detroit Pistons center Isaiah Stewart during the second half of an NBA basketball game in Detroit on Nov. 21, 2021. Carlos Osorio/AP Photo
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NBA star LeBron James has played for three NBA teams and has had $1 billion in career earnings including salary and endorsements. He can now add another title to his resume: National Hockey League (NHL) team owner.

What Happened

A rumored deal between the Pittsburgh Penguins of the NHL and Fenway Sports Group was announced this week.
Fenway Sports Group is acquiring a controlling interest in the Penguins, subject to NHL approval.