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USA Today via Reuters
Apr 29, 2023; Denver, Colorado, USA; Phoenix Suns forward Kevin Durant (35) reacts after a Denver Nuggets score in the second half during game one of the 2023 NBA Playoffs at Ball Arena. Mandatory Credit: Ron Chenoy-USA TODAY Sports
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USA Today via Reuters
Apr 29, 2023; Denver, Colorado, USA; Phoenix Suns forward Kevin Durant (35) reacts after a Denver Nuggets score in the second half during game one of the 2023 NBA Playoffs at Ball Arena. Mandatory Credit: Ron Chenoy-USA TODAY Sports
Kevin Durant is a prolific NBA player who evolved into an entrepreneur with his company, Thirty Five Media. The 3x Olympic gold medalist spoke about investing back into the NBA and following in the footsteps of so many other NBA players, previous and current.
Durant’s business announcement is connected to his rookie years in the NBA. And what Durant has in mind is good news for NBA players who’d like to see more players and teams battle it out.
Kevin Durant reveals his plans on investing in an NBA team
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In an interaction with CNBC Events, speaking about owning an NBA team, Kevin Durant said, “You gotta have a lot of capital for it. And it’s about having good people. That’s all you hear when you hear the people speak up over here.”
When asked about whether he’d like to bring back an NBA team to Seattle, a team that he was on for nine years, Durant said, “That would be cool, in a perfect world. Whatever opportunity comes up, hopefully, I can be part of something special.”
NBA Champion and Boardroom Co-Founder @KDTrey5 discusses his dream of owning his own team at #GamePlan23 with @andrewrsorkin pic.twitter.com/YX8bst8eJc
— CNBC Events (@cnbcevents) July 26, 2023
He continued, “Seattle would be the ideal spot. They deserve to have a team there again. I would love to be a part of the NBA in that fashion.”
Interestingly, Seattle no longer has an NBA team. Their team, the Seattle Supersonics, shifted to Oklahoma in 2008 once the team was sold to the Professional Basketball Group.
Durant and Others Have NBA-Themed Businesses
Durant has earlier voiced his support for an NBA team for Seattle in media interactions as well. If Kevin Durant invests in an NBA team, it will not be the first time an NBA player plans or executes the plan of owning a team. Durant’s colleague, LeBron James has declared that his retirement plan was to own an NBA team.
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USA Today via Reuters
May 1, 2023; Denver, Colorado, USA; Phoenix Suns forward Kevin Durant (35) reacts in the second half against the Denver Nuggets during game two of the 2023 NBA playoffs at Ball Arena. Mandatory Credit: Ron Chenoy-USA TODAY Sports
James told the media that owning an NBA team would be his next thing. James, of course, already has several other investments in companies that cater to several markets.
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Earlier, Michael Jordan invested in the Charlotte Bobcats until 2022. Many other NBA players have invested in NBA and sports-themed businesses. Durant’s company, Thirty Five Media creates the sports-themed show ‘The Boardroom’ for ESPN+.
Both Stephen Curry and Kevin Durant have invested in different sports memorabilia platforms. Stephen has invested in a basketball training app.
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What do you think about Kevin Durant wanting to bring back an NBA basketball team to Seattle? Tell us in the comments.
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