Kevin Durant Buys Stake in MLS Team Philadelphia Union https://www.si.com/soccer/2020/06/0...w&utm_medium=social&xid=socialflow_twitter_si
I knew this was happening but it showed up on CNBC today and I just chuckled...$12,000,000 is 5% of what Forbes said the Union were worth last year at $240,000,000. I mean, I can't complain about having some celebrity ownership since the LAs, Seattle, Miami, Whitecaps are benefitting from some Celeb interest/ownership. https://www.forbes.com/sites/chriss...xpansion-fees-sale-prices-surge/#5acebb1451b5 https://www.cnbc.com/2020/06/15/nba...-stake-in-philadelphia-union-soccer-team.html
One of the NBA’s biggest stars is now an investor and community partner with the Philadelphia Union, as the club announced Monday that Kevin Durant has purchased a five percent ownership stake and has the option to purchase an additional five percent in the near future. The deal includes an expanded partnership with Durant and sports business executive Rich Kleiman’s Thirty Five Ventures. It’ll help to grow the Union’s footprint in the overall sports world and achieve community outreach in conjunction with the Kevin Durant Charity Foundation (KDCF https://www.mlssoccer.com/post/2020...referral&utm_content=news&utm_campaign=unpaid