Fenway Sports Group Reports Highlights From Annual Partners Meeting in Bonita Springs, Florida
Retrieved on:
Friday, March 10, 2023
Sports, Licensing (Sports), Commercial Building & Real Estate, Construction & Property, Hockey, Events, Concerts, Entertainment, Communications, Soccer, Media, Baseball, Civic, ESPN, DTC, Earthshot Prize, Liverpool F.C., ARD International Music Competition, FSG, History, Pittsburgh Penguins, NESN, Boston, Civic Arena, News, NHL, Investment, Sport, Sports & Exhibition Authority of Pittsburgh and Allegheny County, Bruin, Music, 2023 NHL Winter Classic, MGM Music Hall at Fenway, Fox News, NESN 360, Panel, UEFA, Live Nation Entertainment, Major League Baseball, Partnership, Boston Red Sox, YOY, Advertising, PPG Paints Arena, Nightclub, Fenway Park, Penguin
The Red Sox consistently invest in player payroll at the highest level of Major League Baseball to field a competitive team.
Key Points:
- The Red Sox consistently invest in player payroll at the highest level of Major League Baseball to field a competitive team.
- Since FSG’s ownership, the team ranks third in spending on player payroll.
- The club has also infused over $400 million in private investment over the past 21 years for the preservation, protection, and improvement of Fenway Park.
- The joint venture seeks to develop 2 million square feet of commercial, residential, and retail space, and 2.1 acres of improved open, public space.