BREAKING: Basketball Legend Kevin Durant Joins PSG Ownership—Is a European NBA League Next?
PARIS (AP) — NBA star Kevin Durant has purchased a minority stake in Champions League winner Paris Saint-Germain, the French soccer club said Friday. Qatar Sports Investments, PSG’s majority shareholder, signed an investment and strategic partnership agreement with Durant, the club said in a statement. Financial terms were not disclosed. The announcement comes amid talks between the NBA, FIBA and other entities about the potential of adding a new league in Europe. Durant will provide expertise on the PSG’s multi-port strategy, including potential expansion into basketball, the club said. “Under the terms of the partnership, Durant — via his media and investment...
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