NBA star Durant becomes minority owner of PSG

Kevin Durant, the two-time NBA champion, has purchased Paris St-Germain, the champion of the Champions League.

The Phoenix Suns forward will provide expertise during PSG’s planned basketball expansion under the terms of a strategic partnership agreement with Qatar Sports Investments (QSI), the majority owner of the French club.

The four-time Olympic gold medalist said, “It is an honor to partner with QSI and to be a shareholder of PSG, a club, and a city that is incredibly close to my heart.”

“This club has big plans,” said the club’s president, “and I look forward to being a part of QSI’s next growth phase and looking into potential new investment opportunities.”

QSI expressed interest earlier this year in becoming a franchise owners of a basketball team in Europe, which the NBA and Fiba, the sport’s international governing body, have proposed.

The NBA star will “support the club on its continued sports and business diversification and growth,” according to PSG, who announced that they would work with Durant’s media and investment firm Boardroom on a number of “commercial, investment, and content initiatives.”

Durant had previously made an initial investment in the 13-time French champions through the club’s minority shareholder Arctos Partners, but he has since made a direct investment.

Durant, who won two NBA titles with the Golden State Warriors and won gold with the United States in the 2024 Paris Olympics, recently made the Forbes list of the highest-paid athletes in 2025.