Ex-Red Sox GM Theo Epstein to join Fenway Sports Group as Senior Advisor

Former Red Sox general manager Theo Epstein, who led the club to two World Series championship before winning a third with the Chicago Cubs, is returning to the organization and will serve as Senior Advisor to Fenway Sports Group’s ownership group.

In his new role Epstein will advise FSG owners John Henry, Tom Werner, Mike Gordon and Sam Kennedy on the company’s sporting operations and consult on strategic growth and investment initiatives. In addition to the Red Sox, FSG also owns Liverpool FC, the Pittsburgh Penguins, RFK Racing and Boston Common Golf.

“There is no question that Theo left an indelible mark on our history that represented a transformative era,” said Red Sox 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.”

Between 2002 and 2011 Epstein led the Red Sox to one of the most successful stretches in franchise history, reaching the playoffs six times, making four league championship series and winning two World Series. He then joined the Cubs and helped that franchise end its 108-year World Series drought, and over the past few years he’s served as a formal consultant to Major League Baseball.

“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 said. “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 expertise and perspective to help others succeed and win at the highest level.

“FSG is a dynamic, groundbreaking organization with an incredible track record of accomplishment across sports. The special connection I feel towards this organization and the ownership group has stayed with me through the years,” he continued. 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 no longer serve as a formal consultant to MLB, where he played an instrumental role in the development of the pitch timer and other new pace-of-play rules. He will continue to serve on the league’s Competition Committee and On-Field Committee on an informal basis, FSG said.

“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,” said MLB Commissioner Rob Manfred. “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.”

Epstein will also continue his role as Operating Partner for Arctic Partners, a sports private equity platform and member of FSG’s ownership group since 2020.

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