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Since the verb 'is' is used for a singular subject, the sentence is referring to 'the Red Sox' as a unit. The pronoun that takes the place of the unit is it.

Example: The Red Sox is Mary's favorite Baseball team. It is the only team she follows.

If the sentences had read, "The Red Sox are...", the verb for a plural subject, then the sentence is referring to 'the Red Sox' as the players. The pronouns that takes the place of the players is they as a subject and them as an object.

Example: The Red Sox is Mary's favorite baseball team. They are the only ones she follows.

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11y ago

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