NBA legend Kevin Durant is dribbling into the world of soccer! The two-time NBA champion and Olympic gold medalist has become a minority shareholder in French football giants Paris Saint-Germain (PSG), according to reports.
Through his investment firm Boardroom, Durant acquired shares via a partnership with Arctos Sports Partners, which owns 12.5% of PSG. The deal values the club at a staggering €4.25 billion ($4.65 billion)—talk about a slam dunk investment!
Durant, fresh off winning gold at the Paris 2024 Olympics, visited PSG's state-of-the-art training center this month. He met with club president Nasser Al-Khelaifi, who praised Durant as a 'role model on and off the pitch.' A source told The Athletic the meeting involved mutual 'presentations' about the partnership vision.
PSG already has ties to basketball royalty through its long-standing collaboration with Michael Jordan's brand. Now with Durant's star power added to the mix, expect more crossovers between hoops culture and global football fandom!
Reference(s):
NBA superstar Kevin Durant becomes minority shareholder of PSG
cgtn.com