• Loading stock data...
Saturday, August 2, 2025
Tuned In returns to NYC on September 16. Hear from the biggest names in sports media. Click here to get your spot

Theo Epstein Returns Home, Joins Fenway Sports Group

  • Baseball executive returns to the organization he helped lead to two World Series titles.
  • The 50-year-old will serve as a senior adviser to the ownership group.
Theo Epstein
Orlando Ramirez-USA TODAY Sports

The prodigal son has returned home. 

Fenway Sports Group announced Friday that former Red Sox general manager Theo Epstein has joined its ownership group and will serve as a senior adviser to the company. Epstein led the front office in Boston for a decade and won two World Series titles, in 2004 and 2007, helping the organization break the Curse of the Bambino before moving to the Chicago Cubs in 2011. In 2016, the Cubs won their first World Series since 1908, making Epstein the ultimate exorcist in baseball. 

“There is no question that Theo left an indelible mark on our history that represented a transformative era,” said Fenway Sports Group principal owner John Henry in a release. “Welcoming him as a member of our ownership group and in the role of senior adviser 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.”

Epstein left the Red Sox on ugly terms in 2011 but remained close with team president Sam Kennedy, who he grew up with in Brookline, Mass. He left the Cubs after the 2020 season. He joined MLB commissioner Rob Manfred’s office, where he was integral to the league’s recent rule changes, which included the introduction of the pitch clock and enlargement of bases. In his new role, Epstein will continue to serve on MLB’s competition and on-field committees in an informal capacity. He will also continue to serve as an operating partner for Arctos, a private equity firm focused on sports. 

The 50-year-old is also an investor in Splash Inc., an independent provider of peer-to-peer sports strategy games, which Patriots owner Robert Kraft also backs. On Monday, Splash announced that it closed a round of funding worth $14.2 million

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jul 2, 2025; Boston, Massachusetts, USA; Boston Red Sox fans cheer after a home run by Boston Red Sox designated hitter Wilyer Abreu (52) during the sixth inning against the Cincinnati Reds at Fenway Park.

Fenway Concession Workers Go on Strike for Dodgers Series

They’re asking fans not to buy food and drink at the games.
Fenway Park

Fenway Park Concession Workers Poised to Strike 

The unionized workers overwhelmingly voted to authorize a strike.
Devers

Devers Stunner Only Part of Wild Week for Fenway Sports Group

Red Sox fans immediately started making connections to soccer.

Featured Today

Coco Gauff at New York Liberty

How the New York Liberty Became the Hottest Ticket in Town

Once banished to the burbs, the Libs are now Brooklyn’s marquee attraction.
Las Vegas sign
July 29, 2025

College Sports Embracing Vegas After Years of Cold Shoulder

The Big Ten became the latest newcomer to Sin City.
2000, Jupiter, FL, USA; FILE PHOTO; Montreal Expos pitcher Hideki Irabu in action on the mound against the New York Mets at Roger Dean Stadium during Spring Training
July 28, 2025

Dead Sports Franchises Are Alive and Well on Twitter

The Expos, Sonics, and Whalers have active social media accounts.
Limited Hype
July 27, 2025

Sneaker Reselling Was Once Easy Money. Success Is Now Complicated

Vendors need to evolve what they’re selling and how they do it.

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
April 25, 2025

The Former NBA Agent Who Became a Pickleball Deputy Commissioner

Chris Patrick went from representing Jimmy Butler to pickleball deputy commissioner.
Apr 10, 2025; Washington, District of Columbia, USA; (L-R) Washington Capitals owner Ted Leonsis, Capitals left wing Alex Ovechkin (8), Ovechkin's wife Nastya, and sons Sergei and Ilya watch a video during a ceremony honoring Ovechkin's becoming the NHL all-time goals leader prior to the Capitals' game against the Carolina Hurricanes at Capital One Arena.
June 12, 2025

Ted Leonsis Says His $7B Sports Empire Beats the NFL Model

Why synergy is the future of sports ownership.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
July 9, 2009; Auburn Hills, MI, USA; Detroit Pistons president Joe Dumars during the press conference to introduce their new head coach John Kuester at their practice facility.
April 14, 2025

Joe Dumars Leaving NBA League Office to Run Pelicans

Joe Dumars was the architect of the 2004 champion Pistons.
March 13, 2025

Junior Bridgeman Was the Prototype for Business Success After Sports

He started with Wendy’s franchises, later expanding into bottling, magazines, and more.
Feb 12, 2023; Glendale, Arizona, US; A$AP Rocky on the sideline after halftime during Super Bowl LVII at State Farm Stadium.
February 27, 2025

A$AP Rocky Could Be Latest Celebrity Owner in English Soccer

Following his acquittal, the rapper is closer to owning Tranmere Rovers.
Oct 23, 2024; Miami, Florida, USA; Miami Heat president Pat Riley addresses the crowd during the Pat Riley Court dedication ceremony at halftime at Kaseya Center.
February 14, 2025

Here’s Where Pat Riley’s Three-Peat Trademark Money Goes

Riley has the phrase trademarked despite having no three-peat of his own.