Theo Epstein appointed senior advisor of Fenway Sports Group
Fenway Sports Group (FSG), a world sports activities, advertising and marketing, media, leisure, and actual property firm, immediately introduced that Theo Epstein, a three-time World Series Champion baseball government, shall be becoming a member of FSG’s possession group, topic to customary league approvals, and has been appointed the position of Senior Advisor to the corporate, which owns the Boston Red Sox, Liverpool F.C., the Pittsburgh Penguins, RFK Racing, and Boston Common Golf. In this strategic place, Epstein will advise FSG homeowners John Henry, Tom Werner, Mike Gordon, and Sam Kennedy on the corporate’s sporting operations throughout the portfolio and seek the advice of on strategic progress and funding initiatives.
“There is no question that Theo left an indelible mark on our history that represented a transformative era,” mentioned Fenway Sports Group Principal Owner John Henry. “Welcoming him as a member of our ownership group and in the role of Senior Advisor to the broader company brings with it a sense of completion. With his strategic mind, leadership, and unwavering passion for sports, Theo brings invaluable assets that will drive us forward across our diverse enterprises, especially in our sporting operations across hockey, EPL football, and baseball. We take great pride in welcoming him to the FSG family and eagerly anticipate the insights and contributions he will bring as we continue to build on the legacy of success he played a pivotal role in helping us shape.”
“I am thrilled and honored to return to FSG, to join John, Linda, Tom, Mike, Sam and the ownership group, and to serve in this new role,” Epstein mentioned. “This is really a singular alternative for me – an opportunity to companion with individuals who imply loads to me; an opportunity to problem myself in new arenas; and an opportunity to make use of my expertise and perspective to assist others succeed and win on the highest degree.
“FSG is a dynamic, groundbreaking organization with an incredible track record of accomplishment across sports. The special connection I feel toward this organization and the ownership group has stayed with me through the years. I am proud and humbled to return as a minority owner and advisor. In this role, I will not be the one making decisions; rather, I’ll be the one asking questions, offering opinions, building trust, and supporting the terrific people at FSG to help us reach new heights.”
Epstein will now not be a proper advisor to Major League Baseball, the place since 2021 he labored on the pitch timer and rule adjustments launched final 12 months, however will proceed to serve MLB’s Competition Committee and On-Field Committee on a casual foundation.
“I want to thank Theo for his insights and contributions to the rules change process, which has helped make the best game in the world even better for the next generation of fans,” mentioned Commissioner of Baseball Robert D. Manfred, Jr. “Theo has accomplished so much in our game and has so much to offer. We look forward to continuing to work with him in his return home as part of the ownership group of the Red Sox.”
In addition to his part-time place with FSG, Epstein will proceed in his position as Operating Partner for Arctos Partners, a number one sports activities non-public fairness platform and member of FSG’s possession group since 2020.
Epstein served as Red Sox common supervisor for the 2003-2011 seasons, throughout which the crew gained two World Series (2004 and 2007), reached 4 League Championship Series, made the postseason six occasions, and averaged greater than 93 wins per 12 months. As the President of Baseball Operations for the Chicago Cubs from 2012-2020, Epstein rebuilt the group right into a sustained winner, making the playoffs 5 occasions in six years between 2015-2020, together with three straight League Championship Series and the 2016 World Series Championship, the Cubs’ first since 1908.
