Kevin Durant is reportedly expanding his ownership ventures, placing him alongside esteemed athletes like LeBron James, J.J. Watt, and Tom Brady. Durant recently aided the U.S. basketball team in securing gold at the Olympics in Paris and is now prepared to acquire a minor ownership interest in Paris Saint-Germain, a Ligue 1 team in France.
If the contract is completed, Durant will become part of a group of notable athletes involved in European soccer. This move corresponds with figures like James, Watt, and Brady who possess stakes in soccer clubs including Liverpool FC, Burnley FC, and Birmingham FC. Actors Ryan Reynolds and Rob McElhenney famously acquired Wrexham FC in 2020 and rejoiced in the club’s promotion to a higher division this year.
Durant’s investment in Paris Saint-Germain could boost the club’s profile in the U.S. market and potentially open doors for a television rights deal for Ligue 1 in America, where the league currently lacks a broadcasting partner. Moreover, with PSG set to participate in the FIFA Club World Cup in the U.S. in 2025, Durant, a two-time NBA champion, will likely monitor events closely as an engaged co-owner.
Furthermore, Durant is also running a pickleball team with Rich Kleiman, Drake, Michael B. Jordan, and Steve Stoute, underscoring his diverse interests beyond basketball.
