Kevin Durant

NBA and Olympic superstar Kevin Durant is the latest athlete who can add the title of European soccer team owner to his list of investments. Durant has made a small investment in French champion team Paris Saint-Germain (PSG). What Happened: Durant joins fellow NBA star LeBron James as an owner of...

The high pay of athletes has been a hot topic in recent years, including the start of the 2024 WNBA season with rookie and number-one overall pick Caitlin Clark's starting salary compared to NBA players. To make matters worse, 14 of the 15 highest-paid NBA players are not on the final four teams...

In recent years, several NBA players have transcended their on-court prowess to become savvy investors, particularly in technology startups, franchises, and health and wellness companies. These moves diversify their income streams and set them up for long-term financial success. Shaquille O’...

Los Angeles-based electric boat manufacturer Arc on Tuesday introduced an electric sports boat meant for the mass market named Arc Sport. The vehicle has 226 kWh of battery capacity, can provide 570 hp of power, can seat 15 people, and starts at $258,000. What Happened: Arc, founded in 2021 by a...

The Brooklyn Nets and NY Liberty made history by becoming the first NBA and WNBA teams to secure a sponsorship deal with a CBD brand. The move comes as the NBA loosens its regulations surrounding CBD products, aligning with trends seen in other sports leagues like Major League Baseball and the UFC...

NBA star Kevin Durant persuaded league commissioner Adam Silver to remove marijuana from the league’s banned substance list. What Happened: During CNBC x Boardroom’s inaugural Game Plan sports business summit, Durant, who is also a cannabis advocate and entrepreneur,...

Data intelligence platform Tracer announced a new president to lead the company and a funding round to power the company’s growth. Here are the key details. What Happened: Tracer announced Obele Brown-West has been appointed as the first president of the company. The company also announced a...

Each week, Benzinga Buzz compiles the latest entertainment news into a cohesive column for your consideration. Read on for the latest updates — both useful and irreverent. Ronnie Gets Served In recent years, Walt Disney Co. (NYSE: DIS) donated almost $300,000 to right-wing legislators who...

Kevin Durant's lifetime contract with Nike Inc (NYSE: NKE) solidifies his status in an elite club that includes Michael Jordan and LeBron James. The terms of the deal were not disclosed, but it will include footwear, apparel, and community outreach. Durant's partnership with Nike began in...

Media outlet and premier U.S. cannabis magazine Cannabis Now announced Wednesday its inaugural “40 Under 40” issue, featuring major celebrities, entrepreneurs and power players who are positively influencing the booming cannabis industry in significant ways. The...

Three of the top National Basketball Association players are set for huge paydays in the 2022-2023 season. The paydays come from NBA salaries ranking ahead of other North American sports and also from large endorsement deals. Here are the details. NBA On Top: The trio of LeBron James, Steph Curry...

Creating and leading sports-based companies can lead to important decisions on how Web3 can play a role in connecting with fans and creating new verticals. Executives from Boardroom, Draftkings Inc (NASDAQ: DKNG) and round21 shared their insights into the world of sports and NFTs at VeeCon 2022 in...

During an interview with NBA star Kevin Durant, the legendary Late Night Show host David Letterman talked about his experience with marijuana. In a clip of the interview, released by Netflix (NASDAQ: NFLX) this week, Durant, who is already in the cannabis industry...

A SPAC merger agreement announced Monday brought some additional fanfare with several notable athletes and celebrities among the investors in the company’s PIPE. Here’s a look at the company and deal. The SPAC Deal: Hypebeast announced a SPAC merger with Iron Spark I (NASDAQ: ISAA...

The 94th Academy Awards were filled with top stories such as Beyonce performing, the chance for Lin-Manuel Miranda to join the EGOT club, Will Smith slapping Chris Rock and Apple Inc (NASDAQ: AAPL) being the first streaming company to win the best picture Oscar. Outside the big headlines...