ESPN Report: NBA Superstar Kevin Durant Commits $47 Million Investment to PSG as French Giants Chart Ambitious Basketball Expansion—Durant Remarks…
PARIS, France — June 21, 2025 — In a groundbreaking move that bridges the worlds of elite basketball and European football, NBA icon Kevin Durant has invested a staggering $47 million into Paris Saint-Germain (PSG), France’s premier football powerhouse, as part of the club’s ambitious venture into professional basketball.
According to an exclusive report by ESPN, Durant’s financial backing will help fuel PSG’s long-term vision to establish a dominant basketball presence in Europe and potentially compete at a global level. The French club, owned by Qatar Sports Investments (QSI), has reportedly been working behind the scenes to launch a professional basketball division under the PSG brand, aiming to enter France’s top-tier LNB Pro A league and, eventually, the EuroLeague.
Durant’s Vision Aligned with PSG’s Future
Durant, a two-time NBA champion and current forward for the Phoenix Suns, confirmed the deal during a recent interview.
> “Paris has always had a strong cultural heartbeat and an incredible sports community. I’ve long admired PSG’s brand, ambition, and ability to dominate in football. This investment is about more than money—it’s about building something lasting and international in the sport I love,” Durant said.
Known for his strategic business moves off the court, Durant has already invested in various sports and media ventures through his company, Thirty Five Ventures. This move marks his most high-profile European sports investment to date and signals a growing trend of American athletes investing in global sports franchises.
PSG’s Strategic Push into Basketball
Sources close to PSG confirm that the club has been actively developing the infrastructure for a basketball division since 2023, following the success of other multi-sport European clubs like FC Barcelona and Real Madrid. The entry of a global basketball icon like Durant not only lends credibility to the project but also opens doors to transatlantic marketing opportunities, merchandise growth, and high-profile talent acquisition.
Club President Nasser Al-Khelaifi commented on the announcement:
> “Kevin Durant’s involvement symbolizes the international appeal and growth potential of PSG beyond football. We’re building a basketball team that reflects the same values of excellence, innovation, and global ambition.”
Next Steps and Industry Reaction
While an official launch date for PSG Basketball has not been announced, insiders suggest the club may enter domestic competition as early as the 2026–27 season. The basketball world is already buzzing, with analysts praising the move as a major boost for French basketball and a potential challenge to traditional European powers.
ESPN’s coverage has described Durant’s investment as “a turning point for the globalization of basketball” and a signal that Paris could soon become a hotspot not just for football, but for hoops as well.
Durant’s involvement is expected to draw significant attention from both the NBA and EuroLeague circles, especially as more top-tier athletes look abroad for business and branding opportunities.
With Kevin Durant and PSG now united in vision and purpose, the world of international basketball may be on the verge of a seismic shift.
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