Digital Sports Desk

Online Destination for the Best in Boston Sports

Red Sox

FSG Makes Formal Announcement on James, RedBird Partners Investment

by

BOSTON – Fenway Sports Group (FSG), a global sports, marketing, media, entertainment, and real estate platform, announced a significant investment into the company by RedBird Capital Partners (RedBird). The deal is part of an ongoing strategic alliance between the two companies that will focus on the active pursuit of growth opportunities for FSG.

Embed from Getty Images

In addition to the organic growth anticipated for FSG’s current portfolio, the partnership with RedBird will enhance the company’s ability to develop and launch new businesses modeled after successful growth companies built by Gerry Cardinale and RedBird. FSG and RedBird will also develop opportunities for strategic acquisitions in sports, including teams and venues, media and related businesses that enhance or extend FSG’s existing platform.

The investment by RedBird into FSG is based on an enterprise valuation for FSG of $7.35 billion. As part of the overall transaction, LeBron James, Maverick Carter and their longtime business partner Paul Wachter will exchange a previously held interest in Liverpool Football Club and become part of FSG’s ownership group along with RedBird.

FSG leadership, comprised of Principal Owner John W. Henry, Chairman Tom Werner and President Mike Gordon said, “Over the years, Fenway Sports Group has been able to attract a dedicated group of executives and partnerships seeking to compete for titles in the most challenging and rewarding landscapes. Our strategic partnership with Gerry and the entire team at RedBird will enhance our ability to pursue future growth opportunities in a more accelerated way but with the same selectiveness that has served us so well.

“We are also pleased to welcome to our ownership group LeBron, Maverick and Paul, with whom we have enjoyed a successful collaboration for well over a decade. Their addition is an important milestone for FSG and expands and deepens a longtime friendship and relationship that began in 2010.

“To our fans and supporters: Winning continues to be the driving force for all of us. The growth of FSG as an organization allows us to further strengthen our resources and commitment to the communities we serve, and we look forward to having these talented new partners join us in the next chapter of FSG’s evolution.”

Gerry Cardinale, Founder and Managing Partner of RedBird, said, “Fenway Sports Group is unique not only for the quality of its sports properties and assets, but for the highly disciplined, results-oriented organization that John, Tom, Mike and the FSG team have built over the past 20 years. RedBird shares the same passion for performance-driven investing, business operations, fan experience and service to the community. We look forward to contributing our experience growing premier sports properties and working alongside this tremendous leadership team, including our fellow new owners LeBron, Maverick and Paul.”

“Working with Fenway Sports Group for the past decade has taught LeBron and me so much about the business on a global scale, and we’ve always believed it would lead to something bigger,” said Maverick Carter. “We are proud to be part of this iconic ownership group and are excited about the opportunities that come with that to continue creating change and empowering people of every race, gender and background to be part of the process.”

The transactions were unanimously voted on by FSG partners on Tuesday, March 16, 2021. The deal is scheduled to close on Wednesday, March 31, 2021. Bank of America served as financial advisor to FSG, and Goldman Sachs served as financial advisor to RedBird on the transaction. Shearman & Sterling served as legal advisor to FSG, while Fried Frank served as legal advisor to RedBird.

In addition to new owners RedBird Capital, LeBron James, Maverick Carter and Paul Wachter, as a part of this transaction Red Sox President & CEO Sam Kennedy will be converting his previously held long-term incentive plan interests into an interest in FSG and will become part of the FSG ownership group.

Red Sox Lose to ATL on Last Day of Spring Training

by

FORT MYERS – The Boston Red Sox (16-11) dropped a 5-3 decision to the Atlanta Braves (15-13) in the final Spring Training Grapefruit League game for both  teams today at jetBlue Park. The Red Sox will now pack-up the gear and head north to Fenway Park for Thursday’s home opener against the Baltimore Orioles. Although today’s forecast in Boston was for a perfect spring day, Thursday’s weather calls for afternoon showers and an 80% chance of rain. First pitch is schedule for 2:10pm Thursday.

Embed from Getty Images

Braves reliever Drew Smyly earned the win and Boston RP Martin Perez took the loss while Braves ace Mike Soroka earned a save in the seven inning game. OF Jarren Duran homered off Soroka in the 7th. Perez allowed four runs on four hits in 5.0 innings pitched. He walked two and struck-out five Braves but allowed a two-run homer to Ozzie Albies in the 5th inning.

On Monday, Boston defeated Atlanta, 4-0, behind three long-balls in the 3rd inning and solid pitching. With one out and no base runners, infielder Enrique Rodriguez homered to left field, J.D. Martinez solo homered to left-center and after a Xander Bogaerts single, utility man Marwin Gonzalez homered to right to complete the scoring.

Tanner Houck went 4.1 innings to start for the Sox and he was relived by Kaleb Ort (0.2 inn), Austin Brice (1.0 inn) and Darwinzon Hernandez (1.o inn) to complete the four-hit shutout in a 7 inning game. The Braves used six pitchers and a total of 21 players in the home loss.

 

Red Sox: Coming Down the Stretch from Spring Training to Opening Day

by

FORT MYERS – The Boston Red Sox won each of their last two games following a two-game losing streak. Boston has not lost more than two consecutive games at any point this spring.

Embed from Getty Images

Today marks the eighth of nine scheduled Grapefruit League meetings between the Red Sox and Braves (Red Sox lead, 4-3). The teams will close out their spring training schedule against each other today in North Port and tomorrow at jetBlue Park.
The Sox and Braves will play each other 4 times in the regular season, with 2 games at Fenway Park (May 25-26) and 2 at Truist Park (June 15-16). The Sox went 2-4 vs. ATL in 2020, finishing the season by taking 2 of 3 games in Atlanta from September 25-27.

Sox Manager Alex Cora announced that SP Nathan Eovaldi will start the Red Sox’ Opening Day game against the Orioles on April 1. Eovaldi’s 1st career Opening Day start came last year against BAL, when he allowed 1 run in 6.0 IP. In his final 4 starts of 2020, Eovaldi posted a 0.86 ERA (2 ER/21.0 IP) with 25 SO and 2 BB, allowing 0 runs in his final 13.0 IP. On the season, he averaged a career- best 9.68 SO/9.0 IP and ranked 7th in the majors in SO/ BB ratio (7.43), walking only 7 of his 199 batters faced.

 

Spring Training: Red Sox Snap Two-Game Skid with Win Over Pirates

by

BRADENTON – The Boston Red Sox snapped a two-game skid with a 7-4 win at Pittsburgh, to continue their trend to not lose more than two consecutive games at any point this spring. Boston went 3-5 in their first eight Grapefruit League games but have since gone 11-5-1.

YouTube player

Since March 10, Boston’s 11 wins rank second in MLB behind only the Oakland A’s (12-4-1). The only teams with more than 14 wins this spring are Toronto(15) and Oakland (15).

Sox 1B Bobby Dalbec leads the majors in runs scored (15) and RBI (16) and is tied for the lead with seven HRs (also Joc Pederson). Dalbec ranks No. 2 in SLG (.822) and No. 3 in OPS (1.214). He also leads the Red Sox in Batting Average (.311) while Kiké Hernández ranks eighth in the majors in OBP (.442) and has recorded more walks (9) than strikeouts (8).

Utility man Michael Chavis ranks in a tie for third in the majors with six HRs (tied with Corey Seager and Josh Bell).

Chavis’ 36 total bases rank 5th in MLB spring training.

As Spring Training Winds Down, Boston Red Sox Lose to Minnesota Twins

by

FORT MYERS – Minnesota Twins SP Randy Dobnak gave up one hit in five innings, a solo homer by Boston’s Bobby Dalbec, as Minnesota prevailed as spring training winds down. The Twins’ Josh Donaldson and the Red Sox’s Jonathan Arauz and Cesar Puello also homered as the Twins snapped a three-game Boston win streak with last night’s 7-4 decision. Boston is (6-3) in their last 9 games and 10-4-1 in their last 15.

YouTube player

Boston remains one of six teams with 13 wins (or more). The only teams with more wins are the Royals (14-7- 3) and Blue Jays (14-8-2). Boston has five games remaining in spring training before opening the regular season at home on Thursday, April 1, against the Orioles.

 

 

Red Sox Spring Training Update (Mar 25)

by

FORT MYERS – The Red Sox defeated the Orioles last night at jetBlue Park, 2-0, as newly acquired Hunter Renfroe drove in the game’s only runs with a 2-run Home Run in the 3rd inning. Red Sox pitchers retired their final 13 batters faced after SP Nathan Eovaldi allowed four hits in 5.2 IP.

Hirokazu Sawamura (1.1 IP), Adam Ottavino (1.0 IP), and Josh Taylor (1.0 IP) each recorded perfect outings in relief.

The Red Sox have won their last three games and are 6-2 in their last eight, and 10-3-1 in their last 14. The Red Sox entered today leading the Grapefruit League in runs scored (130), HR (34), doubles (41), AVG (.270), OBP (.351), and SLG (.485).

Entering today, only the Toronto Blue Jays (14-8-1) had more wins than the Sox. and the only other teams with 13 wins are the KC Royals, NY Yankees, and Chicago Cubs.

The 2021 Chairman’s Cup between the Red Sox and Twins continues today, with the Red Sox leading 3-1-1…The Twins lead, 14-12-2, in the yearly series, with an 81-76-2 edge in games. The Red Sox and Twins will face each other 7 times during the 2021 regular season, with 4 games scheduled for 4/12-15 at Target Field, and 3 games set for 8/24-26 at Fenway Park. The Red Sox hold a 316-314 edge since the Twins moved to Minnesota prior to the 1961 season.

Boston has six games remaining in spring training before opening the regular season at home on Thursday, April 1, against the Orioles.

 

Red Sox: Countdown to Opening Day

by

FORT MYERS, March 24 – Today marks the second of two Grapefruit League meetings between the Red Sox and Baltimore Orioles, following a March 4th Baltimore 6-3 win over Boston in Sarasota. The Red Sox are coming off a 7-6 win over the Atlanta Braves in yesterday’s road game. The Sox are 8-2 at jetBlue Park and 4-6-1 on the road.

Including today, the Sox have four home games and three road games remaining.

The Sox will play the Orioles 19 times in the regular season (nine home, 10 road), including the season- opening series at Fenway Park (April 1-4).

Six of Boston’s first nine games will be vs. the Orioles, as well as 10 of their first 36. In an 82-game stretch from May 11-August 12, the Sox will not face the O’s.

Boston is  5-2 over their last seven games and 9-3-1 in their last 13. Only the Royals (13-6-3), Blue Jays (13-8-1), and Yankees (13-7-2) have more wins than the Red Sox. The Sox have only seven games remaining in spring training before opening the regular season.

Red Sox Spring Training Notes (Mar. 23)

by

FORT MYERS – In yesterday’s 10-4 win at Tampa Bay, four of Boston’s eight hits went for extra bases, including Home Runs by Christian Arroyo, Michael Chavis, and Bobby Dalbec. In the 3rd inning, Arroyo and Chavis homered on consecutive pitches.

Embed from Getty Images

Dalbec and Chavis each hit their sixth HR of spring training yesterday, the most in the Grapefruit League and tied with LA Dodgers slugger Corey Seager for most in the majors.

The Red Sox are 8-3-1 in their last 12 games of Grapefruit League action. There are only nine days left until MLB Opening Day. Boston leads the Grapefruit League in runs (121), AVG (.271), HR (32), doubles (40), OBP (.356), and SLG (.498)… They have hit 8 more HR than any other team in the Grapefruit League.

Today marks the seventh of nine scheduled Grapefruit League meetings between the Red Sox and Atlanta Braves (currently tied, 3-3). The clubs will close out their spring training schedules against each other on 3/29 in North Port and 3/30 at jetBlue Park. The Sox and Braves will play each other 4 times in the regular season, with 2 games at Fenway Park (5/25-26) and 2 at Truist Park (6/15-16).

 

Red Sox: Spring Training Notes: Mar 22

by

FORT MYERS – The Red Sox dropped a 9-4 decision to the Pittsburgh Pirates and have lost their last two games, after going 7-1-1 in their previous nine outings. The Sox are 8-2 at jetBlue Park and 2-6-1 on the road.

Embed from Getty Images

Today marks the seventh of eight Grapefruit League meetings between the Red Sox and Rays (Boston leads, 4-2). Only three of the Sox’ first 72 games will be against the Rays (4/5-7 at home), as well as only six of their first 106. From 7/30-9/8, 13 of the Sox’ 36 games will be against Tampa Bay.

Including today, the Sox have four home games and five road games remaining in Spring Training as the 10-day countdown to opening day begins.

Notes: Red Sox manager Alex Cora and Rays manager Kevin Cash were teammates with the Red Sox in 2007 and 2008, helping lead BOS to the postseason in each year…The Sox won the World Series in 2007. … Cora was major league teammates with six current MLB managers: Cash, Aaron Boone (CLE, 2005), Craig Counsell (LAD, 1999), Gabe Kapler (BOS, 2005-06), Dave Roberts (LAD, 2002-04), and David Ross (BOS, 2008).

 

Red Sox: Spring Training Update (Mar 21)

by

FORT MYERS, FLORIDA – The Boston Red Sox had their 3-game win streak snapped on Saturday with an 8-2 loss at Atlanta. The Red Sox are 7-2-1 in their last 10 games and 10-5-1 since beginning Spring Training 0-2. Boston has 10 games remaining in spring training before opening the regular season at home on Thursday, 4/1, against the Orioles.

Embed from Getty Images

The Red Sox lead the majors in OPS (.854) and lead the Florida Grapefruit League in runs (107), AVG (.272), HR (29), doubles (35), OBP (.354), and SLG (.501).

The Red Sox have 35 active players remaining in Major League Spring Training camp, including 29 members of the 40-man roster and six non-roster invitees. In addition, LHP Chris Sale (60-day IL) and OF Franchy Cordero (COVID-19 Related IL) are on the injured list. Opening Day rosters must consist of 26 active players and must be submitted to MLB by noon (EDT) on Thursday, April 1.

Eleven members of the Red Sox’ 40-man roster/IL were not in the organization during the 2020 season and an additional five players on the 40-man were acquired in August 2020 including, Christian Arroyo, Nick Pivetta, Hudson Potts, Jeisson Rosario, and Connor Seabold.

Sox Manager Alex Cora announced that Eduardo Rodriguez will make his 1st career Opening Day start this season (4/1 vs. BAL). After missing the entire 2020 season with myocarditis, Rodriguez is 2-0 with a 2.31 ERA, .195 opponent AVG, and 0.69 WHIP in three starts this spring.