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NBA star Kevin Durant buys minority stake in PSG as QSI partner, to consult as French club looks to expand into basketball

<p>NBA star Kevin Durant purchased a minority stake in 2025 UEFA Champions League winners Paris Saint-Germain, the Ligue 1 side announced. Qatar Sports Investments, PSG's majority shareholder, signed a strategic partnership agreement with the Phoenix Suns superstar.</p><p>“Under the terms of the partnership, Durant - via his media and investment company Boardroom, co-founded with long-time business partner Rich Kleiman - will acquire a direct minority stake in the club,” PSG said in a statement.</p><p>Durant, 36, is a two-time NBA champion and one of the league's top power forwards. Last summer at the 2024 Paris Olympics, he became the first four-time Gold medalist. The announcement from PSG arrives amid talks between the NBA, FIBA, and other organizations about the potential addition of a new league in Europe. The financial terms of the deal were not disclosed.</p>

WHAT HAPPENED?

<p>“It is an honor to partner with QSI and be a shareholder in Paris Saint-Germain - a club and city that is deeply close to my heart,” Durant said in comments provided by PSG. “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.”</p><p>As a part of the deal, Boardroom Sports Holdings - Durant’s personal financial structure, which contains investments with multiple major sports teams and leagues - will join with QSI through partnerships on commercial, investment, and content production.</p><p>PSG added that Durant's support will aid their diversification and growth strategy both domestically and abroad. He will also add a level of expertise on the club's multi-sport strategy, including consulting on potential future plans in basketball.</p><p>“Together with Kevin, we look forward to developing ambitious initiatives that will drive the continued global growth of Paris Saint-Germain and QSI,” said PSG president Nasser Al-Khelaïfi.</p><p>PSG's portfolio already includes men's and women's soccer, youth soccer, handball, and judo.</p>

THE BIGGER PICTURE

<p>In 2020, Durant acquired a five-percent stake in MLS side Philadelphia Union.</p>

DID YOU KNOW?

<p>Durant is the subject of trade talks across the NBA. If the Suns do opt to deal him, it's presumed he will sign a two-year extension this summer.</p>

WHAT NEXT FOR DURANT?

NBA star Kevin Durant buys minority stake in PSG as QSI partner, to consult as French club looks to expand into basketball | Goal.com

The 36-year-old NBA star signed a deal with Qatar Sports Investments, PSG’s majority shareholder, to further strategic partnership agreement