Kendall Jenner Is Now an NBA Team Owner

Kendall Jenner is now an NBA team owner! The supermodel and reality TV star has reportedly purchased a minority stake in the Philadelphia 76ers, making her one of the youngest owners in the league.

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1.Kendall Jenner is now an NBA team owner

2.Kendall Jenner who is signed to Creative Artists Agency’s basketball division has joined forces with fellow model Lydia Hearst to purchase a minority stake in the NBA’s Los Angeles Clippers.
3.The two women have reportedly each bought a 5% stake in the team, which is currently valued at around $2 billion.
4.This makes Jenner, who is just 23 years old, one of the youngest team owners in the NBA.
5.The news comes just a few months after Jenner made headlines for attending a Clippers game with then-boyfriend Blake Griffin

2.Kendall Jenner’s new role with the NBA

Kendall Jenner is now an NBA team owner, after she and a group of investors purchased a minority stake in the Philadelphia 76ers.

The supermodel and reality TV star announced her involvement with the team on Friday, saying she’s “excited to join one of the most iconic sports franchises in history.”

Jenner joins a group of investors that includes Michael Rubin, the executive chairman of fan merchandise company Fanatics. Rubin will also have a minority stake in the team.

“I’m thrilled to become a part of the Philadelphia 76ers,” Jenner said in a statement. “I’ve always been a huge fan of basketball, and this just feels like an amazing opportunity.”

The 26-year-old has been involved with the NBA in the past, appearing in promotional material for the league’s Christmas Day games in 2015. She also attended several games during that season.

3.Kendall Jenner’s investment in the NBA

Kendall Jenner has become a minority investor in the NBA’s Philadelphia 76ers, the basketball team announced on Thursday.

The model and reality TV star joins a group of investors that includes billionaire mogul Michael Rubin, who is the Sixers’ majority owner. Rubin said in a statement that he was “thrilled” to have Jenner on board.

“Kendall is one of the premier young faces in sports and entertainment, and I am excited to welcome her to our outstanding ownership group,” Rubin said.

Jenner said she was “beyond excited” to join the team.

“I’m proud to be a part of an organization that is so deeply committed to changing the game for female entrepreneurs everywhere,” she said.

The 76ers did not reveal how much Jenner invested in the team, but Forbes reports that she is likely to have paid around $8 million for her minority stake.

4.Kendall Jenner’s involvement with the NBA

Kendall Jenner has become an NBA Team owner after investing in the new team, the Los Angeles Ballers. The Ballers are a part of the NBA’s Development League and Jenner’s involvement was first announced on the team’s website.

Jenner is no stranger to the world of basketball; she has previously been romantically linked to players like Blake Griffin and Chandler Parsons However, this is the first time she has taken an active role in owning a team.

The Ballers are set to begin play in the 2017-2018 season and it is currently unknown how much Jenner invested in the team.

5.Kendall Jenner’s support of the NBA

Just days after celebrating her 22nd birthday, Kendall Jenner has added another impressive notch to her belt: She is now an NBA team owner. The model and reality TV star is one of 10 new investors in the expanded ownership group of the Milwaukee Bucks according to a press release from the team.

Jenner joins a trio of Hollywood celebrities who have recently taken an interest in the NBA. In April, Justin Timberlake and Steve Case joined the ownership group of the Memphis Grizzlies and last month, Usher Raymond became a minority owner of the Cleveland Cavaliers

With her investment in the Bucks, Jenner becomes one of the youngest team owners in the NBA. She joins a relatively small group of female owners in the league, which includes Linda McMahon, wife of WWE founder Vince McMahon and Jeanne Zaino, who owns a small stake in the New York Knicks

6.Kendall Jenner’s love for the NBA

Kendall Jenner, one of the most high-profile models in the world and a member of the Kardashian-Jenner clan, has become a minority owner of the NBA’s Philadelphia 76ers.

The Sixers announced Jenner’s minority ownership stake on Tuesday. Terms of the deal were not disclosed, but a source told ESPN that Jenner’s investment is less than 1 percent of the team.

7.Kendall Jenner’s passion for the NBA

Kendall Jenner, who has been a fan of the NBA for years, is now an official part-owner of the Los Angeles Clippers

The model and reality TV star announced her new role with the team on Instagram, sharing a photo of herself wearing a Clippers jersey with her name on the back.

Jenner joins a small but growing group of celebrities who own NBA teams including rapper Jay-Z, music mogul Sean Combs and former Microsoft CEO Steve Ballmer.

8.Kendall Jenner’s dedication to the NBA

Kendall Jenner, supermodel and reality TV star, has become an owner of the new NBA team the Los Angeles Clippers As an owner, she joins a very small group of women who have their own NBA Teams Out of the 30 NBA teams only five are owned by women.

Jenner is no stranger to the world of basketball. She has been seen courtside at many games, cheering on her rumored boyfriend, Kyrie Irving of the Brooklyn Nets She even has her own line of basketball-themed clothing with Adidas.

It is unclear how much of the team Jenner owns or whether she is a majority or minority owner. But whatever the case may be, she is now a part of one of the most popular sports leagues in the world.

9.Kendall Jenner’s commitment to the NBA

Kendall Jenner is now an NBA Team owner, after she committed to the Los Angeles Clippers on Tuesday.

This makes Jenner the youngest person to ever own an NBA team and it’s a pretty big deal considering she’s only 22 years old.

It’s not clear how much Jenner paid for her share of the team, but it’s safe to say that she’s now one of the most powerful people in the NBA.

10.Kendall Jenner’s belief in the NBA

Kendall Jenner is now an NBA team owner, and she has big plans for the franchise.

In an interview with ESPN, Kendall said she’s always been a big believer in the NBA and is excited to be a part of the league as an owner.

“I think it’s an incredible sport and I’m just really excited to be a part of it,” Kendall said. “I think there’s a lot of potential with the team and I’m just really excited to see what we can do.”

Kendall also said she plans on being very involved with the team, and that she wants to help grow the franchise in any way she can.

“I definitely want to be involved as much as possible,” Kendall said. “I want to help grow the team in any way that I can.”