Dante Exum buys into SEM Phoenix
Basketball has skyrocketed in Australia, with the sport more popular than ever and worldwide recognition at an all-time high. The direction of the NBL and Australian basketball globally was a significant factor behind the investment from the Australian star.
"It's an honour to be joining the investment group of the South East Melbourne Phoenix," Exum said. “Melbourne has played a key role in my basketball journey and the chance to be involved in the ownership group of the SEM Phoenix is a perfect way to further that strong connection with the city. I look forward to seeing the continued growth of the NBL and much success and excitement for the team and the city of Melbourne.”
I don’t see where in the interview the part about it’s been given to him. It looks like he has invested in the team but I’m probably wrong. Sem already has 3 ex NBA players investing for free? Why would they need another one ? It’s hard to see them giving away that many shares, Maybe.
It’s a good thing for the team and for the NBL. Who will be the next Australian NBA player to buy into an NBL team? Cairns , Brisbane or the hawks could benefit a lot from someone like them.