Red Sox CEO says Henry family will never sell the franchise
CEO Sam Kennedy told a Boston radio show that John and Linda Henry have no intention of selling the Red Sox.
Sam Kennedy, chief executive of the Boston Red Sox, appeared on WEEI’s "The Greg one outlet's Show" and firmly rejected any notion that John Henry, Linda Henry, or the Henry family might put the franchise on the market. Citing the club’s estimated $6.65 billion worth, he said the family’s ownership will endure for at least the next 25 years. Kennedy acknowledged fan protests earlier this season calling for a sale, but pointed out the team’s recent surge into an AL wild-card position after a rough start.
He referenced recent high-profile ownership moves by the Yankees, which secured a $2.6 billion financing deal, and the Lakers, sold for $12.5 billion. Within Fenway Sports Group, Kennedy said the core owners—John and Linda Henry, Tom Werner, and Mike Gordon—have run the club consistently for 25 years. He concluded that the organization is focused on getting back on track rather than exploring sale options.
Why it matters
Fans and investors want clarity on the Red Sox’s ownership stability amid recent speculation and high-value sports deals.
How this story developed
- Aug 12 Bob Iger and Josh Kushner Acquire Lakers for Over $12 Billion
- Aug 12 Former Disney chief Bob Iger and investor Josh Kushner have agreed to purchase the Los Angeles Lakers for roughly $12.5 billion, pending NBA approval.
- Aug 12 The NBA Board of Governors scheduled a September vote on the proposed Lakers sale.
- Aug 13 The NBA’s advisory finance committee has begun its review of the proposed ownership change.
In this story
Related stories
11 in this thread