John Henry Sees the Red Sox as a Long-Term Investment

by Daniel Kobialka on Thu, Feb 25, 2010 at 9:31PM

John Henry is entering his ninth season as the Red Sox' principal owner, and he sees himself being with the team for many seasons to come, The Boston Globe reports.

"We're not going anywhere," Henry told the paper. "We adore, we love this franchise."

Henry and partners Larry Lucchino and Tom Werner purchased the Red Sox for $660 million eight years ago, and the team has flourished under their leadership. The Red Sox have won two World Series titles, posted a 550-game home sell-out streak and made the "Red Sox" an international brand.

Henry and his associates have enjoyed the experience of owning the Red Sox.

"We are so committed to this franchise. We're having so much fun," Henry said. "We love this franchise."

Boston faces the annual challenge of competing with the Yankees in the AL East, a team that rarely shies away from spending money. Henry understands the Red Sox need to spend money to remain competitive.

"We spent significantly more than we did last year," Henry said. "We didn't know for sure we were going to spend as much as we did because we didn't know if opportunities would present themselves."

The Red Sox principal owner's investments have paid off as the team has reached the postseason in six of his eight seasons with the team.

And if you ask Henry, the good times are likely to continue long into the future.