Kevin Durant didn’t only walk away with a gold medal from the 2024 Paris Olympics; he also took home some other hardware. Paris Saint-Germain, the French club, now has the two-time NBA champion and fourteen-time All-Star as a minority stakeholder.

Boardroom, Durant’s media and entertainment company, made the announcement about the investment on Monday. Reports indicate that the investment, which Durant and Kleiman made through Arctos Partners, which bought a 12.5% share in the team in December, is worth “single-digit millions.”

Hours before the gold-medal game between France and USA basketball, PSG uploaded a video of Durant touring the PSG campus on Saturday, which may have been a signal about his potential investment.After becoming an investor in the Major League Soccer club Philadelphia Union in 2020, Durant entered the minority ownership of the NWSL club NJ/NY Gotham FC in 2022, making him a minority owner of two soccer teams. The Brooklyn Aces, a Major League Pickleball team, are another one of Durant’s holdings.

Having won the top French league, Ligue 1, for the last six years in a row, PSG is among the most dominant clubs in Europe. Based on Sportico’s valuation of $4.05 billion, it is ranked as the sixth most valuable soccer club globally. After purchasing the club in 2011, Qatar Sports Investments became the team’s majority owner.

Despite losing Kylian Mbappé to Real Madrid in the summer, the club is still anticipated to perform admirably in Ligue 1.