The partnership with FSG and in particular Liverpool takes things a step further.
FORBES: LeBron James Sets Sights On Asia With Liverpool Deal
FSG, owned by John Henry and Tom Werner, has expanded its marketing business in recent years beyond just the teams it owns.
FORBES: LeBron James Sets Sights On Asia With Liverpool Deal
The Sox and any of the other components of FSG are not for sale and will not be for the forseeable future.
The FSG valuation based on the sale by the N.
FORBES: New York Times Sale Values Fenway Sports Group At Just $1.5 Billion
Many people who plead guilty of federal white-collar crimes, and subsequently cooperate with the government in the investigation, usually get lighter prison sentences that are well below the FSG.
FORBES: What Judge Rakoff Will Consider Upon Sentencing Rajat Gupta
In April, NBA superstar LeBron James made a big marketing push into Asia (where both soccer and basketball are very popular) when he got a sliver of Liverpool in a deal with FSG.
FORBES: New York Times Sale Values Fenway Sports Group At Just $1.5 Billion
Executives involved with the deal declined to comment on the financial terms, but a person familiar with the details said FSG would receive a small commission on any deals it landed for Mr. James.
WSJ: Basketball Star LeBron James in Deal With Fenway Sports
The point driven system of the FSG allows for a 2 point reduction, less prison time, for acceptance of responsibility when a person agrees to plead guilty or cooperate (not guaranteed but usually given).
FORBES: What Judge Rakoff Will Consider Upon Sentencing Rajat Gupta
It also underscores the buyers knew the Times, whose stock is near its 52-week low, was selling FSG from a position of weakness because the newspaper has not been performing well and has been trying to raise cash.
FORBES: New York Times Sale Values Fenway Sports Group At Just $1.5 Billion
For a defendant, the part of the Federal Sentencing Guidelines (FSG) that drives the number of years in prison recommended by the government for is the amount of loss, or in the case of insider trading, the amount of the gain made on the trade from the tip.
FORBES: What Judge Rakoff Will Consider Upon Sentencing Rajat Gupta
In the judgement of Rakoff, not only does he disagree with the absolute value set by the use of FSG, but he is also known for giving credit, a lesser prison term, to those like Gupta who have shown that they have lived an honorable life up until the time of their offense.
FORBES: What Judge Rakoff Will Consider Upon Sentencing Rajat Gupta
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