Sports
Is Kevin Durant about to trade courts for cleats? Not quite-but the NBA icon is making his European soccer debut in a different role: as a minority owner of French powerhouse Paris Saint-Germain. Even more intriguing, the Phoenix Suns forward is set to help lead PSG’s expansion into European basketball.
Over 18 seasons, Durant has dazzled fans and media with his brilliance on the hardwood. But he’s also built a business empire, with Forbes estimating his net worth at $99.9 million at the end of 2024.
Off the court, Durant is the founder of Thirty Five Ventures, the company managing his various business interests-which now includes a stake in PSG.
How did KD land in Paris?
In a joint statement, Durant confirmed the partnership, which was facilitated through Qatar Sports Investments (QSI), PSG’s parent organization. “It is an honor to partner with QSI and become a shareholder in Paris Saint-Germain, a club and a city that mean so much to me,” Durant said.
He also teased his role in PSG’s upcoming basketball venture: “This club has big plans, and I’m excited to be part of the next phase of growth and to explore new investment opportunities with QSI.”
QSI Chairman Nasser Al-Khelaifi added, “We are pleased to welcome Kevin Durant as a direct shareholder in Paris Saint-Germain and a strategic partner of the group. Together, we look forward to launching bold initiatives that drive PSG’s continued global growth.”
PSG eyes the NBA’s global blueprint
Already home to professional handball and judo teams, PSG is now turning its sights toward a much bigger prize: becoming one of the 16 teams in the proposed NBA Europe league. The concept, floated by NBA Commissioner Adam Silver, is rapidly gaining momentum across both continents.
Having Durant onboard gives PSG more than just capital and celebrity appeal-it provides access to a future Hall of Famer with deep basketball expertise and business savvy.
This news was originally published on this post .
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