While the world awaits his next destination, Kevin Durant is staying busy with business deals off the court.
The Phoenix forward (for now) has purchased a minority stake in Champions League Winner Paris Saint-Germain. The club announced on Friday that Durant signed an investment and strategic partnership agreement with Qatar Sports Investment who is the majority stakeholder.
The deal was made under KD's investment company Boardroom that he co-founded with his business partner Rich Kleiman.
The investment amount is undisclosed, but Durant had already invested a single-digit million shareholding in the team according to The Athletic.
With that prior investment in mind, it's safe to say the forward's new purchase is worth millions of dollars.
Durant has been an investor in sports outside of basketball for a long time. In 2020 he acquired a 5% share in the Philadelphia Union, an MLS club.
The Athletic reported that the two-time NBA champion will consult on plans to potentially expand the club to basketball. Reportedly, Adam Silver plans to present the NBA Board of Governors with an outline to launch a new basketball league in Europe within the next few years.
Kevin Durant is investing in Paris-Saint Germain and will consult on PSG's "potential plans" to expand into basketball, per @TheAthletic.
— Front Office Sports (@FOS) June 20, 2025
PSG's basketball ambitions are related to the potential future NBA Europe league. pic.twitter.com/5E97rvzZU5
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Durant is a global superstar and this move only enhances his presence in France. He won a gold medal at the 2024 Olympic Games in Paris.
While he's in the headlines for a potential trade, one of the biggest names in basketball is setting up business deals that will make him relevant far beyond his career on the court.