NBA superstar James Harden has joined the ownership group of Major League Soccer team Houston Dynamo, National Women’s Soccer League club Houston Dash, and their joint venue BBVA Stadium.
“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,” said Harden, who plays shooting guard for the Houston Rockets.
Harden joins an ownership group led by Mexico-born entrepreneur Gabriel Brener, who purchased the majority share of the team in December 2015, and includes former champion boxer Oscar De La Hoya. No members of the ownership group are leaving following Harden’s acquisition.
Terms of the deal were not revealed. But according to Front Office Sports, Harden has taken a five percent equity stake in the overall organization, which is valued at “well over $475m”.