Warriors forward Kevin Durant has “serious intentions” of buying an NBA franchise after his playing career ends, league sources tell Chris Haynes of ESPN.com. That desire has intensified since Durant arrived in Golden State, per Haynes.
In the year and a half since Durant signed with the Warriors, he and business partner Rich Kleiman have taken several meetings with existing team owners and tech CEOs to survey the “lay of the land,” Haynes writes. According to ESPN’s report, Durant and Kleiman have been strategic about getting face time with “some of the most influential and innovative business figures in the Bay Area,” with the star forward hoping to eventually join Michael Jordan in the ranks of former players who become team owners.
“This is a genuine goal of [Durant’s] after he retires, to add another African-American in the position of majority ownership,” a source told Haynes.
Durant, who won’t celebrate his 30th birthday until September, still has many years as a player ahead of him — he told Sam Amick of USA Today last week that he can imagine playing until he’s 40. While that means that potential team ownership is still a ways off, it also means Durant could have another decade to increase his career earnings to the point where majority ownership is more financially viable.
Basketball-Reference‘s data suggests that Durant’s career salary after this season will total $160MM+, and that figure doesn’t include off-court earnings like endorsements and investments. The reigning Finals MVP will also be in position this summer to sign a mammoth new maximum-salary contract with Golden State. Based on current cap projections, such a deal would increase Durant’s total career NBA salary to approximately $365MM.
America is a great country. Cool seeing these athletes be able to overcome the odds and put themselves in a position like this.
KD all I want is for you to do LeGarbage even more dirty then you did last Finals so I don’t have to read or see his name on ESPN any longer. Destroy his overrated legacy already please, thank you.
Couldn’t agree more. I love watching LeBaby get destroyed. KD is the effn man.
Boy looks like slender man
Gee I wonder what you look like, at least he has millions.
KD an owner someday? Would that not be great! His team loses their star player to free agency because that star player wants to join an already established super team. Would he understand that? You bet your 3 pointer he would!!
KD left because Westbrook is a nut. He went to the only team that gave him a chance to beat LeBron in a 7-game series. It was a tough decision, and he’s caught hell for it, but I give him props. He deserves to win.
Only if it’s an expansion team called The Snakes.