Pretty much. Effectively John Henry is saying, I like the Red Sox, they're a big part of FSG, but I'm obviously an idiot and way to busy with this golf s*** and other s*** to do anything. Here's Theo, he knows something about baseball, let him manage the baseball side of FSG.
Maybe this is wishful thinking, but if Theo goes to Henry at some point and says "now is the time to expand payroll, we have young guys to lock up and if we bring in these players the added revenue from being a playoff competitive team pays for itself" I think Henry would listen to him"
Or at least in theory, that's how it should go.