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For most NBA stars, their business doesn't just stay on the court, most of the players are also invested in countless companies across the United States and the world. That is no different for Kevin Durant who according to ESPN has endorsements with Nike, Alaska Airlines and American Family Insurance to name a few. He also owns Thirty Five Media, which runs his YouTube and is also helping create a few movies about him.
His investment company is invested in over 30 companies, but there is one thing he isn't invested in, that at some point he would like to own an NBA team. There is one thing that he thinks might hold him back though, having enough money.
“I wish I had the money. It's crazy. Obviously, the financial part is definitely going to be the hardest part. I've been part of two great organizations. I know the game inside and out and I know the players. And I feel like these NBA franchises just change lives. They change cities. I would love to do that. All the aspects of owning a team, I would love to be involved in — from the financial and marketing side to the team-building to the camaraderie to the coaching.”
Owning an NBA team takes a ton of money, and not a lot of former sports players actually end up going that route. One former player who did was former New York Yankees shortstop Derek Jeter, who bought around four percent of the Miami Marlins.
Just because someone is a great player, doesn't mean they are going to be a great or even a good owner, and all you have to do is look at Michael Jordan for that.
Since he became the controlling owner in 2010, the Hornets haven't had much success, and with the roster they have now, it doesn't seem a lot of success will be coming anytime soon.
