Top Ad
I DIG Radio
www.idigradio.com
Listen live to the best music from around the world!
I DIG Style
www.idigstyle.com
Learn about the latest fashion styles and more...

NBA star Harden buys stake in MLS' Dynamo

Written by 
Published in Soccer
Thursday, 18 July 2019 12:36

Houston Rockets superstar James Harden has purchased a minority stake in the investment group that controls MLS' Houston Dynamo, the NWSL's Houston Dash and BBVA Stadium, the Dynamo announced on Thursday.

"I'm very excited about the opportunity to join the ownership group of the Houston Dynamo and Houston Dash and proud to be a part of a club with tremendous history and a great future," Harden said in a statement issued on the Dynamo's website.

- Rumour Rater: NYRB's Long leaving for Premier League?
- Corsello: Galaxy's Ibrahimovic isn't done kicking ass

"Houston is my home now, and I saw this as a way to invest in my city and expand my business interests at the same time. Soccer in general, and especially MLS, have exploded in this country throughout my lifetime. I've been a fan of the game for several years, and I know that Houston has a massive soccer fanbase, so it was an easy decision for me when this opportunity arose."

Front Office Sports was among the first report the transaction, adding that the Rockets star has purchased a 5% stake. According to the outlet, the overall valuation of the Dynamo, Dash and BBVA Stadium -- where the Dynamo and Dash play their home games -- is "at least $475 million."

The seven-time NBA All-Star signed a guaranteed $228 million contract with the Rockets in 2017. He joins an ownership group that includes majority owner Gabriel Brener, boxing legend and promoter Oscar De La Hoya, White Deer Energy managing partner Ben Guill and Portland, Oregon-based investor Jake Silverstein. All are expected to remain in the Dynamo/Dash/BBVA Stadium investor group.

"We are thrilled to welcome James into our club. He's an icon in the Houston community, and not only is he a great basketball player, he has an extremely smart and savvy mind for business," Brener said. "James will bring a very unique perspective to our ownership group, and I'm looking forward to hearing his thoughts and opinions on the club going forward."

De La Hoya, who founded Golden Boy Promotions in 2002, said Harden's success as an athlete will help him in business as well.

"James is already at the top of the game in his sport, so it's only natural to want to take on new challenges beyond the court," De La Hoya said. "He knows the drive and the determination it takes to be the absolute best, and I'm excited that he's going to bring that attitude to our club."

Brener acquired controlling interest in the Dynamo from previous owners AEG in 2015 after first investing in the Dynamo in 2008. BBVA Stadium opened in 2012 and the ownership group later bought into the NWSL in 2013.

Read 343 times

Soccer

Ronaldo, 39, wants to to defy age, continue career

Ronaldo, 39, wants to to defy age, continue career

EmailPrintOpen Extended ReactionsCristiano Ronaldo has said he has no plans of slowing down at the a...

Source: Tuchel open to stay, wary of Man Utd snub

Source: Tuchel open to stay, wary of Man Utd snub

EmailPrintOpen Extended ReactionsThomas Tuchel is open to remaining as Bayern Munich coach amid conc...

Ederson ruled out for title decider, FA Cup final

Ederson ruled out for title decider, FA Cup final

EmailPrintOpen Extended ReactionsEderson will miss Manchester City's last Premier League game as wel...

2026 FIFA


2028 LOS ANGELES OLYMPIC

UEFA

2024 PARIS OLYMPIC


Basketball

Bickerstaff future a question for Cavs; Mitchell, too

Bickerstaff future a question for Cavs; Mitchell, too

EmailPrintOpen Extended ReactionsBOSTON -- After Cleveland saw its season end in a 113-98 loss to th...

Luka keeps peace with refs, dominates pivotal G5

Luka keeps peace with refs, dominates pivotal G5

EmailPrintOpen Extended ReactionsOKLAHOMA CITY -- Dallas Mavericks superstar Luka Doncic, quite inte...

Baseball

MLB Power Rankings: The AL and NL Central are rising -- which teams are in our top 10?

MLB Power Rankings: The AL and NL Central are rising -- which teams are in our top 10?

EmailPrintOpen Extended ReactionsWhile some of the usual players dominate our list, five of our top...

Scherzer to 60-day IL; can't return until May 28

Scherzer to 60-day IL; can't return until May 28

EmailPrintOpen Extended ReactionsARLINGTON, Texas -- Max Scherzer was transferred to the 60-day inju...

Sports Leagues

  • FIFA

    Fédération Internationale de Football Association
  • NBA

    National Basketball Association
  • ATP

    Association of Tennis Professionals
  • MLB

    Major League Baseball
  • ITTF

    International Table Tennis Federation
  • NFL

    Nactional Football Leagues
  • FISB

    Federation Internationale de Speedball

About Us

I Dig® is a leading global brand that makes it more enjoyable to surf the internet, conduct transactions and access, share, and create information.  Today I Dig® attracts millions of users every month.r

 

Phone: (800) 737. 6040
Fax: (800) 825 5558
Website: www.idig.com
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Affiliated