Brotherly Game Archive
Report: Kevin Durant buys minority stake in Philadelphia Union
He was spotted at the Philadelphia Union’s corporate offices back in December
About six months ago Union fans were hyped up when they heard that Kevin Durant was seen visiting the front offices of the Philadelphia Union.
Flash forward to today and the Brooklyn Nets forward is now reportedly a minority owner of the boys in blue. The U were clearly not Durant’s first choice. It was last year when The Athletic reported that he tried twice to invest in his hometown club D.C. United.
A Sports Business Daily report says Durant purchased between 1 and 5 percent of the soccer club. As of now it is not known if the purchase is through Durant or his business Thirty Five Ventures. That business was founded in 2017. Under the Thirty Five Ventures, Durant and his partner Rich Kleiman, have investments in a wide range of products, including headphones, mobile apps, tech companies and media applications.
He isn’t the first NBA player to buy into the league, as former teammate James Harden invested in the Houston Dynamo last July. Legendary Los Angeles Laker Magic Johnson is also involved in the league, he is a founding co-owner of LAFC.
Let us know in the comments your thoughts on the news of Kevin Durant buying a stake in the union. Is it a good thing? Do you expect them to spend some money? Or will things stay the same?
