Kevin Durant was 10th in Forbes' 2025 list of highest-paid athletes with an earning of $101.4m (£76.2m) Two-time NBA champion Kevin Durant has bought a minority stake in Champions League winners Paris St-Germain. The Phoenix Suns forward has signed a strategic partnership agreement with Qatar Sports Investments (QSI), the majority owners of the French club, and will provide expertise during PSG's planned expansion into basketball. "It is an honour to partner with QSI and to be a shareholder of PSG, a club and a city that is deeply close to my heart," the four-time Olympic gold medallist said. "This club has big plans and I look forward to being part of the next phase of growth and exploring new investment opportunities with QSI." Earlier this year, QSI expressed their interest in owning a franchise in a European basketball leagueproposed by the NBAand the sport's world governing body Fiba. PSG said that they will partner with Durant's media and investment company Boardroom on a wide range of "commercial, investment and content initiatives" and that the NBA star will "support the club on its continued sports and business diversification and growth". Durant was already linked with the 13-time French champions through the club's minority shareholder Arctos Partners but has now invested directly. Durant, who won two NBA titles with Golden State Warriors and claimed gold at the 2024 Paris Olympics with the United States, was recently included inForbes' 2025 list of highest-paid athletes. QSI acquired PSG in 2011 and their investment has helped the club win 11 Ligue 1 titles and a first Champions League, that they won bydefeating Inter Milan 5-0last month.
NBA star Durant becomes minority owner of PSG
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"Kevin Durant Acquires Minority Stake in Paris Saint-Germain"
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TruthLens AI Summary
Kevin Durant, the two-time NBA champion and Phoenix Suns forward, has made headlines by acquiring a minority stake in Paris Saint-Germain (PSG), the prestigious French football club and recent Champions League winners. This significant move is formalized through a strategic partnership agreement with Qatar Sports Investments (QSI), the majority owner of PSG. Durant expressed his enthusiasm for this partnership, stating it is an honor to become a shareholder in a club that holds a special place in his heart. He emphasized his eagerness to contribute to PSG's ambitious growth plans and explore new investment opportunities in collaboration with QSI. This partnership aligns with QSI's interest in expanding into basketball, potentially launching a franchise in a European league in association with the NBA and FIBA, the sport's global governing body.
In addition to his ownership stake, Durant's involvement with PSG will extend to his media and investment company, Boardroom, which will collaborate with the club on various commercial, investment, and content initiatives. This strategic alliance is expected to enhance PSG's ongoing efforts in sports diversification and business development. Durant's connection to PSG is further strengthened through his previous association with Arctos Partners, a minority shareholder in the club. As a celebrated athlete, who has recently been recognized by Forbes as one of the highest-paid athletes in 2025 with earnings of $101.4 million, Durant's investment is poised to bring valuable insights and expertise to PSG. Since QSI's acquisition of PSG in 2011, the club has seen remarkable success, including 11 Ligue 1 titles and their first Champions League trophy, which they clinched by defeating Inter Milan 5-0 last month. Durant's addition to the ownership group signals a new chapter for PSG as they look to broaden their horizons beyond football and into basketball and other ventures.
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