Kevin Durant Expands His Sports Empire With Stake In Paris Saint-Germain

Kevin Durant isn’t just crossing people up and winning gold medals in the Paris Olympics. He’s also doing damage off the court.

According to Yahoo Sports, the slim reaper has become a minority investor in the French club Paris Saint-Germain.

The two-time NBA champion announced the investment himself on Monday through Boardroom, his media and entertainment business.

How did all this happen? The investment from Durant as well as his business partner, Rich Kleiman, went through Arctos Partners, which “purchased a 12.5% stake in the club in December," and is reportedly in the “single-digit millions.”

A post on Boardroom's Instagram said the following:

“2x NBA Champion Kevin Durant has invested in Paris Saint-Germain through his Boardroom Sports Holdings, LLC via Arctos Partners, the strategic minority investor in the club. Further details to be announced shortly. Earlier this month, Paris Saint-Germain President Nasser Al-Khelaïfi welcomed Durant and his long-time business partner, entrepreneur @richkleiman to the Paris Saint-Germain Campus to kick off the partnership with a visit to the Club’s state-of-the-art training facility and education centre.⁠⁠

They witnessed first-hand how the Club’s values of innovation and excellence are embodied in this new environment, where Paris Saint-Germain is nurturing the stars of tomorrow. They also spent time with Paris Saint-Germain’s professional football teams, with a particular focus on the women’s and youth academy teams – areas of strong interest for him both in terms of sport and investment.⁠⁠Durant and Kleiman’s sports and entertainment media network Boardroom will work with Paris Saint-Germain to develop a multi-faceted collaboration that spans content and strategy.”

Signs of Durant's major move were evident before the official announcement. Just hours before Durant and USA Basketball faced France in the gold-medal game, PSG posted a video of Durant touring their campus, hinting at his forthcoming investment.

Owning stakes in professional sports teams is not new for the former NBA scoring champion. The Maryland native is already a minority owner of two soccer teams: he invested in MLS club Philadelphia Union in 2020 and acquired a stake in NWSL club NJ/NY Gotham FC in 2022.