Theo Epstein, the former general manager of the Red Sox, is making a comeback to the organization in a new role. He will be joining Fenway Sports Group (FSG) as a member of their ownership group and will also serve as a senior advisor. FSG owns various sports entities, including the Red Sox, Liverpool F.C., the Pittsburgh Penguins, RFK Racing, and Boston Common Golf. Epstein will provide counsel to FSG’s owners, John Henry, Tom Werner, Mike Gordon, and Sam Kennedy, on the company’s sporting operations across the portfolio and offer insights on strategic growth and investment initiatives.
Epstein’s return to the Red Sox is significant, but his responsibilities will extend beyond baseball. FSG is a global sports, marketing, media, entertainment, and real estate company. Epstein will contribute his expertise to the diverse enterprises of FSG, including hockey, EPL football, and baseball.
“Welcoming [Epstein] 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,” said John Henry, the principal owner of the Red Sox since 2002. “With his strategic mind, leadership, and unwavering passion for sports, Theo brings invaluable assets that will drive us forward… We take great pride in welcoming him to the FSG family and eagerly anticipate the insights and contributions he will bring.”
Epstein, who has an impressive track record with the Red Sox and the Cubs, expressed his excitement for the new opportunity. He stated, “I am thrilled and honored to return to FSG… It’s a chance to partner with people who mean a lot to me, challenge myself in new arenas, and use my experience and perspective to help others succeed and win at the highest level.”
During his tenure as general manager of the Red Sox, Epstein played a pivotal role in leading the team to its first World Series titles in 86 years in 2004 and 2007. He left the Red Sox in 2011 to become the head of baseball operations for the Cubs, where he helped them secure their first World Series championship in 108 years in 2016.
Epstein’s return comes at a time when the Red Sox are striving to recover from a period of low performance. His presence as a senior advisor will provide valuable support and guidance to the team’s new Chief Baseball Officer, Craig Breslow.
In addition to his role with FSG, Epstein will also continue to serve as an operating partner to sports-focused investment group Arctos Partners. He will contribute to Arctos’ investment strategy and help identify potential opportunities in the sports industry.
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