Rumors

Durant has now taken a direct minority stake in PSG through Boardroom in tandem with his business partner and former long-time agent Rich Kleiman. The size of his investment is roughly the same as previously, but PSG is not disclosing the precise sum. In these partnerships, the access to the famous athlete and their connections, clout and expertise is, in any case, more valuable to the Qatari fund, which is not short of money. Durant, whose fourth Olympic gold medal came last year in Paris, said in a release: “It is an honour to partner with QSI and be a shareholder in Paris Saint-Germain — a club and a city that is so close to my heart. This club has big plans ahead and I can’t wait to be a part of the next phase of growth; and to explore new investment opportunities with QSI.”

New York Times

Oh No He Didn't: Marc Spears: "KD wanted the New York Knicks. The Knicks have no interest in bringing him in" "There is some fear from him and Rich Kleiman that they're hoping that there's going to be respect at Kevin's age to give him what he wants rather than try to trade him like he's 31"

Twitter

The Phoenix Suns and Kevin Durant's business partner, Boardroom CEO Rich Kleiman, have met multiple times over the past week and are sifting through trade scenarios, sources told ESPN on Wednesday. Both sides are expected to work together on potential destinations. Teams that have expressed interest in Durant, sources said, mainly feature the Houston Rockets, San Antonio Spurs, Miami Heat, Minnesota Timberwolves and New York Knicks. Several wild-card suitors have made inquiries on Durant in the past seven to 10 days, sources said.

ESPN

Suns officials and Kleiman will continue to meet on trade conversations -- with talks expected to escalate before the NBA draft later this month. Durant is on a contract worth $54.7 million for the 2025-26 season, giving him some leverage in navigating his future in partnership with the Suns. As trade talks progress, his desire for a long-term extension could play a critical factor.

ESPN

Once he is traded, Durant will be eligible to sign a two-year contract extension on July 6 worth as much as $112 million. If he were to wait six months after the trade, he could sign a two-year extension worth up to $124 million.

ESPN

With their coaching hire set, the Suns now begin the franchise's offseason of changes to the roster. The Suns will work with All-Star forward Kevin Durant and his business partner and Boardroom CEO, Rich Kleiman, on his next landing spot and he is expected to have a robust market of approximately four-to-six teams this offseason, sources said.

x.com

There have been strong indications during the search process, sources say, to reinforce the notion that Phoenix is likely to move on from Kevin Durant after Durant's 2 1/2-season run in the desert. It has been anticipated for some time that Phoenix, no matter who is hired as the new coach, will explore its Durant trade options this offseason — in collaboration with the future Hall of Famer and his business manager Rich Kleiman — after Phoenix unilaterally pursued a Durant trade in February that the 36-year-old ultimately urged them not to make.

marcstein.substack.com

Amid no shortage of leaguewide wonderment about the future Hall of Famer's future in Phoenix and how much longer he'll remain a Sun, Durant and business partner Rich Kleiman shook up the pickleball world Saturday when they swapped franchise naming rights with the D.C. Pickleball Team in the nation's capital. Durant and Kleiman previously co-owned Major League Pickleball's Brooklyn Aces. Durant, though, is among the most famed sporting representatives from the District of Columbia, Maryland and Virginia. The trade thus enabled Durant and Kleiman to take charge of The DMV's Major League Pickleball franchise.

marcstein.substack.com

This marks the first action in a summer of change coming to the Suns. Phoenix is expected to engage in trade conversations involving Durant and will have discussions on the future of Beal, according to sources. Multiple teams will seriously pursue Kevin Durant, who finished another stellar season, and the franchise is expected to work with Durant and his business partner and Boardroom CEO Rich Kleiman on the next landing spot for the future Hall of Famer. Bradley Beal has two years and $111 million remaining on his contract.

ESPN

League sources said that Durant and Rich Kleiman, the 15-time All-Star's agent and business partner, would be consulted on any trade discussions involving him this summer. Durant has one season remaining on his contract and would be eligible to sign a two-year, $122 million extension with a team that acquires him, providing him significant power to influence a potential trade destination.

ESPN

By Saturday night, as people around the world were digesting the implications of the massive Doncic trade, multiple sources told ESPN that the Warriors were already deep into negotiations with the Phoenix Suns to reunite Durant with the franchise he won two Finals MVPs and championships with in 2017 and 2018. The teams had secretly been talking since early that week. Durant and his longtime business manager, Rich Kleiman, only learned of the stunning talks when the Suns played the Warriors on Friday, Jan. 31.

ESPN

Front Office Sports: Maverick Carter, LeBron James’s business partner, is looking to build an international basketball league. Rich Kleiman, Kevin Durant’s manager, was asked about the league on @CNBC and if KD would be open to playing in it. “Yes, potentially.”

x.com

Golden State owner Joe Lacob sits in the first row across from the Warriors’ bench and often hosts guests in the two seats next to him. Against the Suns, he had Rich Kleiman — Kevin Durant’s long-time agent and business partner — planted directly to his left. The two were seen conversing during the game and were spotted together at halftime and postgame in the Bridge Club, an exclusive lounge in the underbelly of the arena between the home and visiting locker rooms.

New York Times

Magic Johnson: Happy birthday to Kevin Durant! KD is one of my favorite players and people and his mother Wanda, is truly a special lady. He’s one of the best athlete entrepreneurs out there and he, along with his business partner Rich Kleiman, are currently building a business empire. pic.x.com/g6cit6occu

Twitter