Brooklyn Nets star Kevin Durant has purchased a minority stake in the Philadelphia Union of the MLS, according to Mark J. Burns of Sports Business Daily. The deal is for somewhere between 1% and 5%.
It's unclear whether Durant is buying into team ownership with his personal finances or through Thirty Five Ventures, a business he and partner Rich Kleiman co-founded in 2017. Per Burns' report, both the team and Durant declined to comment.
Durant met with the Union in December, and he previously tried to buy a stake in D.C. United twice before, according to Pablo Maurer of The Athletic.