NBA Star Shai Gilgeous-Alexander Acquires Stake in Atlético Madrid

NBA star Shai Gilgeous-Alexander has officially joined the ownership group of Atlético Madrid as a shareholder, becoming a business partner of Israeli billionaire Idan Ofer, who holds approximately 32% of the Spanish football club through Quantum Pacific Group. The club announced on Thursday that the Oklahoma City Thunder star, a two-time MVP candidate, has acquired an undisclosed stake in the team.

Strategic Partnership and Shared Values

In its official statement, Atlético Madrid—currently ranked second in the Spanish La Liga—emphasized that the partnership is built on shared core values, including ambition, excellence, and a commitment to relentless hard work. The 28-year-old guard was spotted earlier this year wearing the club's training gear, signaling his growing involvement before officially securing his equity position.

"I am thrilled to officially join the ownership group of Atlético Madrid. This is a club with a long-standing presence at the pinnacle of European football, and I am grateful for the opportunity to be part of its future," Gilgeous-Alexander told ESPN.

Growing Trend of NBA Investments

This high-profile acquisition reflects a broader economic trend of NBA superstars expanding their financial portfolios into elite European and American football clubs. LeBron James holds an investment in Liverpool through Fenway Sports Group and an indirect stake in AC Milan via RedBird Capital. Similarly, Kevin Durant has invested in Paris Saint-Germain through Boardroom and holds shares in Major League Soccer's Philadelphia Union.

Financially, Gilgeous-Alexander boasts an estimated net worth between $50 million and $80 million, anchored by a lucrative contract exceeding $200 million with the Oklahoma City Thunder, alongside major endorsement deals with brands like Converse. By acquiring equity in Atlético Madrid, he secures a foothold in European sports business alongside prominent international investors.