Theo Epstein to return to Red Sox as advisor and part-owner of parent company, Fenway Sports Group

BOSTON (AP) — Theo Epstein, who as Red Sox general manager was the architect of two World Series championships, is returning to the organization as a minority owner and part-time senior adviser to its parent company, Fenway Sports Group.

Epstein, who also helped the Chicago Cubs win the 2016 title — their first in 108 years — will advise the sports and entertainment conglomerate on operations and investment strategy.

“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 experience and perspective to help others succeed and win at the highest level,” Epstein said in a statement. “The special connection I feel toward this organization and the ownership group has stayed with me through the years.”

Fenway Sports Group owns the Red Sox, the Pittsburgh Penguins, Liverpool of the English Premier League and NASCAR's RFK Racing. In his new role, Epstein said, he will be “asking questions, offering opinions, building trust, and supporting the terrific people at FSG to help us reach new heights.”