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NBA star Harden buys shares in MLS Dynamo



James Harden joined the Dynamo ownership group. VCG / VCG photo about Getty Images

Houston Rockets superstar James Harden has acquired a minority stake in the investment group, Houston Dynamo, Houston Dash and NWSL BBVA Stadium, Thursday.

"I am delighted to have the opportunity to join the Houston Dynamo and Houston Dash owners and are proud to be part of a club with a tremendous history and a great future," the statement said Dynamo site.

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"Houston is now my home and I saw this as a way to invest in my city while expanding my business interests." Football in General and MLS in particular have exploded in this country in my life.I have been a fan of the game for several years now and I know that Houston has a huge football fan base, so it was an easy decision for me when that opportunity came up. "

Front Office Sports was one of the first reports on the transaction, adding that the Rockets star has acquired a 5% stake. According to the point of sale, the overall rating of Dynamo, Dash and BBVA Stadium, where Dynamo and Dash play their home games, is "at least $ 475 million."

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

"We are delighted to welcome James to our club, an icon in the Houston community, and not just a great basketball player, a very bright and smart business mindset," said Brener. "James will give our ownership group a unique perspective, and I look forward to hearing his thoughts and opinions about the club."

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

"James is already at the forefront of his sport, so it's only natural that he wants to face new challenges off the pitch," said De La Hoya. "He knows the drive and determination needed to be the absolute best, and I'm pleased he'll bring that attitude to our club."

Brener acquired the majority of the Dynamo in 2015 from its previous owner AEG The first investment in the Dynamo took place in 2008. The BBVA stadium was opened in 2012 and the owner group took over the NWSL in 2013.


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