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NBA Star Kevin Durant finalized deal with Philadelphia Union

Kevin Durant is now a sports team owner after he joined the ownership group of Major League Soccer side Philadelphia Union, the club announced on Monday.

The Brooklyn Nets star, who is a 10-time NBA All-Star, finalized a 5% ownership stake in the Philadelphia-based club with the option to purchase an additional 5%.

However, It’s unclear how much Durant paid for the stake.

Durant said in a statement: “I’ve always been a soccer fan and have wanted to get into it in a meaningful way. My team and I felt an instant connection with the Philadelphia Union ownership and staff and their vision for a partnership.”

“While you won’t get to see me at games for now, my team and I will be taking an active role in the community where I can help give back to Chester (Pennsylvania) and Philadelphia.”

Durant added that he still dreams of owning an NBA team someday, though he admits, “That’s easier said than done.”

He added: “I would love to. [Owning an NBA team] is the goal, that’s the plan. But who knows? It’s a tough business to get into obviously. You need a lot of capital to do it. But I’m just learning the business, learning the sport, really keeping my love for the sport. I think that will lead me in the right direction. We’ll see what happens.”

Kevin Durant has won the NBA title on two occasions — both with Golden State Warriors — as two-time Olympic gold medalist. He was named the league’s MVP while with the Oklahoma City Thunder in 2014.

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