Theo Epstein, the Red Sox’s general manager and architect of two World Series wins, will return to the team as a
minority owner and part-time senior consultant to its parent business, Fenway Sports Group.
Epstein, who also helped the Chicago Cubs win their first championship in 108 years in 2016, will provide
operational and investment advice to the sports and entertainment giant.
“This is truly a unique opportunity for me — a chance to partner with people who mean a lot to me; a chance to
challenge myself in new arenas; and a chance to use my experience and perspective to help others succeed and win at
the highest level,” Epstein stated in an e-mail. “The special connection I feel toward this organization and the
ownership group has stayed with me through the years.”
Fenway Sports Group owns the Red Sox, the Pittsburgh Penguins, Liverpool in the English Premier League, and
NASCAR’s RFK Racing. In his new job, Epstein stated that he will be “asking questions, offering opinions, building
trust, and supporting the terrific people at FSG to help us reach new heights.”
Epstein will be stepping down as a consultant to Major League Baseball, where he worked on rule changes designed
to add more excitement to the game. He will remain operating partner for Arctos Partners, a private equity group
that has a stake in FSG.
The move is subject to league approval.
After joining the Red Sox in 2002 at the age of 28 — the youngest general manager in baseball history — Epstein
helped build the ballclub that won it all in 2004, the first Red Sox championship in 86 years. After leaving, he also
helped the Cubs end their long title drought.
“There is no question that Theo left an indelible mark on our history that represented a transformative era,” stated
Fenway Sports Group primary owner John Henry. “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.”
