Steve Kerr enters the league.
The club announced that the Golden State Warriors coach has officially become a minority shareholder in Real Mallorca on Tuesday.
Kerr’s exact stake in the La Liga club is unknown. Mallorca president Andy Kohlberg became the majority shareholder last month after acquiring shares from Phoenix Suns owner and former Mercury owner Robert Sarver. Longtime NBA point guard and former Brooklyn Nets coach Steve Nash is the minority owner of the club.
“Andy Colberg and I have been good friends for many years,” said Kerr. “We were together this summer. He told me there was a shift in the ownership group and offered me the opportunity to be part of the new investment group.
“I was really excited, as I was in Mallorca last summer watching a game, following the team and becoming a fan. It was a really exciting opportunity, and I jumped at it.”
Kerr is entering his tenth season at the helm of the Warriors this fall. He won four NBA titles there to go with the five he won as a player with the Chicago Bulls and San Antonio Spurs.
Kerr is currently leading the USA team in the FIBA World Cup. The Americans open that tournament on Saturday against New Zealand in the Philippines.
Mallorca has just started its third consecutive season in La Liga this summer after finishing ninth last season. The club drew with Las Palmas and fell to Villarreal in its first two matches of the season.
While Kerr has said he will not attend a match this summer due to the World Cup, he is looking forward to taking trips to the island in the future for matches.
“Having become a Mallorca fan last year and now immersed in the team, I will be watching LaLiga matches all year long,” Kerr said. “It just makes it so exciting, not only to have a financial stake but really what that means, to put your heart into it and really become part of the team. It’s really exciting.”