Yes, NBA superstar LeBron James is technically a part owner of the Pittsburgh Penguins, though his ownership is indirect. This unique cross-sports connection occurred in 2021 when LeBron James and his long-time business partner Maverick Carter officially increased their investment portfolio to become official partners in Fenway Sports Group. Shortly after that high-profile partnership was solidified, Fenway Sports Group purchased the majority controlling interest in the Pittsburgh Penguins for approximately 900 million dollars. Because LeBron James holds an equity stake in the parent company, he inherently holds an indirect minority ownership percentage in the National Hockey League franchise. While he is primarily a basketball icon and notably roots for his home-state Columbus Blue Jackets, his financial portfolio intrinsically ties his sports business empire to the ongoing success of the Pittsburgh organization.