Count Nets forward Kevin Durant among the NBA superstars who is interested in transitioning to team ownership once his career as a player is over. According to Steven Bertoni of Forbes, Durant expressed interest in overseeing an NBA franchise in a role similar to the one Michael Jordan has in Charlotte.
“I want to own and run an NBA team,” Durant said. “Run day-to-day operations and impact young players coming through the league.”
Bertoni’s profile of Durant focuses more on his business interests than his on-court NBA career, detailing how the two-time Finals MVP took advantage of his time with the Warriors to pursue investment opportunities in Silicon Valley. Bertoni suggests that KD will ultimately make well over $500MM from his basketball contracts and sponsorships by the time his playing career ends and wants to increase that number further through his “expanding collection of startups and media plays.”
“I started down here,” Durant said, gesturing to the floor. “I know there’ll be kids popping up in my family, and I want them to start above this roof. The only way to get there for your family is to create money, and I want to do it in a cooler way, not just being greedy and accumulating as much as I can.”
Durant isn’t the only NBA star that has talked about following in the footsteps of Jordan, who is the controlling owner of the Hornets and oversees the basketball operations department as well. LeBron James and Dwyane Wade are among those who have also shown interest in owning NBA teams.