Kevin Durant just won gold at the 2024 Paris Olympics, but a medal isn't the only think he picked up in Paris. The two-time NBA champion and 14-time All-Star has become a minority investor in French club Paris Saint-Germain.
Durant announced the investment through Boardroom, his media and entertainment business, on Monday. The investment from Durant and his business partner Rich Kleiman went through Arctos Partners, which purchased a 12.5% stake in the club in December, and is reportedly in the "single-digit millions."
BREAKING: 2x NBA Champion Kevin Durant has invested in Paris Saint-Germain through his Boardroom Sports Holdings, LLC via Arctos Partners, the strategic minority investor in the club.