Unveiling the remarkable business empire of Kevin Durant: A $1.5 Billion Crypto Venture, Lucrative Collaborations with Google and Beats, and More

With the NBA player’s resources at his disposal, KEVIN Durant might quickly establish a massive business empire and reach billionaire status.

With over $400 million in career earnings to far, the forward for the Phoenix Suns is well on his way to being one of the few sportsmen in the professional ranks to reach the billion dollar mark.

By completing this, Durant would join an elite group of athletes that included legends like Magic Johnson, LeBron James, Tiger Woods, and Michael Jordan.

The big forward has numerous lucrative endorsement contracts, one of which is a lifetime agreement he signed with Nike earlier this year.

This agreement follows a startling $300 million, ten-year deal that Nike signed in 2014.

Other firms that have sponsorship partnerships include Google, Alaska Air Group, Beats by Dre, American Family Insurance, BBVA, Sparkling Ice, Panini, NBA 2K, Gatorade, Sonic Drive-in, Skullcandy, and Sprint.

The big man made a difficult move from the Oklahoma City Thunder to the Golden State Warriors in 2016, but first cemented his legacy in NBA history with two rings and two Finals MVP titles.

He plunged fully into the tech investment scene while residing in the Bay Area.

Durant made friends with several prominent personalities in Silicon Valley, such as Marc Andreessen and Ben Horowitz, as well as executives from Apple and Google.

In 2016, Durant founded Thirty Five Ventures, his investing company, with longtime manager Rich Kleiman.

The business has since invested in numerous startups and even a few professional sports teams.

Among the companies Durant has invested in are Athletes Unlimited, Major League Pickleball, Gotham FC (the NWSL champions), Athletes Unlimited, and the Philadelphia Union (MLS team).

In addition to the $1.5 billion cryptocurrency business, the other investments include Yoshi, Coinbase, Rubrik, Postmates, Whoop, Robinhood, and Weedmaps.

Most investments have been made in the range of $200,000 to $1 million, and the value of some of these transactions has grown exponentially.

Durant is well-known in the content industry in addition to his work with the sports and culture media business Boardroom and his endorsement of multiple basketball-themed films. 

Regarding his approach to business, Durant told ESPN, “You see the business of yourself first.”

You know exactly who you want to be, what stories you want to tell, and how you want to use your resources to make things happen.

“At first, I tried to concentrate on my own business. 

“Then, knowing that you can empower people to help push your vision, I hired guys like [business partner] Rich [Kleiman], my financial guys, my foundation people that I’ve hired.”

Durant claims that he is now concentrating less on endorsement deals and more on business investments.

He goes on, “There’s nothing wrong with them, but time is what matters most to me.” 

“Plus, promoting a product takes up a lot of your time.”

The ultimate goal for Durant is to buy an NBA team.

If only I had the money for it. “It’s absurd,” he declares. 

Probably the most difficult part will be handling the finances. 

I have participated in two exceptional groups. I am well familiar with both the players and the game. 

Additionally, I think that these NBA teams have a significant influence on people’s lives. Towns are moved. I think that sounds amazing. 

“I would love to be involved in every facet of owning a team, from the coaching to the team-building to the financial and marketing side.”

Related Posts

LATEST NEWS: Angelina Jolie and Brad Pitt have decided to reunite after many divorce rumors to support daughter Shiloh Jolie after the fire in Hollywood and they announced that…see more

In a surprising turn of events, Hollywood’s former power couple, Angelina Jolie and Brad Pitt, have decided to reunite, putting aside their years-long separation and the ongoing rumors of their…

Read more

Throughout Kate Middleton’s tumultuous year, Prince William has remained by her side, providing a sense of stability as she battles cancer. She said that…see more

The Princess of Wales’ difficult year has strengthened their bond Throughout Kate Middleton’s tumultuous year, Prince William has remained steadfastly by her side, maintaining a sense of stability as she navigated cancer. A source…

Read more

SAD NEWS: Kendra Wilkinson was forced to flee overnight as a wildfire raged in San Diego. The fire left her…see more

Reality TV star Kendra Wilkinson faced a terrifying ordeal as she was forced to flee her home overnight due to a massive wildfire that erupted in San Diego. The blaze,…

Read more

BREAKING NEWS: Whoopi Goldberg has called Elon Musk a terrible person after he posted a cryptic status allegedly aimed at her on social media platform X. She also said she would…see more

Whoopi Goldberg has once again sparked a heated discussion after publicly criticizing Elon Musk, calling him “a terrible person” following a puzzling post he shared on X, the social media…

Read more

SOAK UP THE SUN: Beyonce in mini skirt holds hands with Jay-Z on date

Bеyσ𝚗cе а𝚗Ԁ Jаy Z sσаƙ uρ tҺе su𝚗 ι𝚗 Cа𝚗𝚗еs аs tҺеy е𝚗jσy Euɾσρе ɡеtаwаy Bеyσ𝚗cе а𝚗Ԁ Jаy Z Һаᴠе bее𝚗 е𝚗jσyι𝚗ɡ а summеɾ ɡеtаwаy (Pιctuɾеs: ELIоTPRESS / MEGA) Bеyσ𝚗cеҺаs…

Read more

MEAL SMELL FULL OF MONEY: Have you ever imagined that one bite is worth $10M?

Beyoncé and Jay Z, renowned for their success and influence, recently shared glimpses of their opulent meals, showcasing the luxurious dining experiences often associated with the billionaire class. These displays…

Read more

Leave a Reply

Your email address will not be published. Required fields are marked *