The Pawtucket Red Sox are under new ownership.

The sale of the PawSox to a group headlined by Boston Red Sox president Larry Lucchino was made official Monday. Lucchino’s ownership group also includes several prominent Rhode Island businessmen.

“The Boston Red Sox have enjoyed a productive relationship with the Pawtucket Red Sox for more than four decades,” Lucchino said in a statement. “The franchise has played key roles in the Red Sox’ historic success, both as a player development affiliate and as a Rhode Island home for affordable family entertainment. We seek to enhance those roles, and to honor the substantial contributions that Ben Mondor and his loyal team have made to this community for generations.”

Lucchino also will keep his current role with the Boston Red Sox.

The new ownership group teamed up to buy the team from Madelaiene Mondor, the widow of longtime PawSox owner Ben Mondor. He bought the team in 1977 and owned the club until his death in 2010.

Thumbnail photo via Instagram/@PawSox