NBA superstar Kevin Durant has added another impressive asset to his business portfolio. The Phoenix Suns forward has bought a stake in French football giants Paris Saint-Germain, fresh off their Champions League victory.
Durant's investment comes through his media and investment company Boardroom, which he co-founded with business partner Rich Kleiman. While the exact percentage hasn't been disclosed, PSG confirmed the deal gives Durant a direct minority stake in the club.
"It is an honor to partner with QSI and be a shareholder in Paris Saint-Germain — a club and city that is deeply close to my heart," Durant said in a statement. This isn't his first venture into football ownership, as he already owns 5% of MLS club Philadelphia Union since 2020.
Durant's Role and Vision for PSG
The two-time NBA champion won't just be a silent investor. PSG announced that Durant will help with the club's growth strategy and development in American and international markets.
His expertise will also support PSG's multi-sport ambitions, particularly their plans around basketball. This timing is interesting as talks continue about establishing a new basketball league in Europe involving the NBA and FIBA.
The partnership between Durant's Boardroom Sports Holdings and Qatar Sports Investment (QSI) will focus on commercial opportunities, investments, and content production. Boardroom already holds stakes in Major League Pickleball's Brooklyn Aces and NWSL's Gotham City FC.
PSG president Nasser Al Khelaïfi seems excited about the partnership. "Together with Kevin, we look forward to developing ambitious initiatives that will drive the continued global growth of Paris Saint-Germain and QSI," he stated.
PSG's Dominant Season
Durant is joining PSG at a high point in the club's history. The Parisians recently crushed Inter Milan 5-0 in the Champions League final, finally securing the European trophy that had eluded them for years.
Their domestic dominance continued as well. PSG won Ligue 1 with a commanding 26-6-2 record, finishing 19 points ahead of second-place Marseille.
This successful period could make PSG an even more attractive betting option for the upcoming season. With Champions League glory finally achieved and continued financial backing, oddsmakers will likely position them as favorites for both domestic and European competitions.
Meanwhile, Durant's own sporting future remains uncertain. The former MVP is currently in trade discussions after the Suns missed the playoffs. He averaged 26 points and six rebounds per game last season before being sidelined with a left ankle sprain.
This investment highlights the growing trend of star athletes diversifying their portfolios through sports team ownership. For PSG fans and bettors alike, having a global superstar like Durant involved could signal even more ambition from a club already known for its bold moves.
