Steve Kerr is entering LaLiga.
The Golden State Warriors head coach became a minority shareholder in Real Mallorca on Tuesday, the club announced.
Kerr’s exact stake in the Spanish league club is unknown. Mallorca president Andy Kohlberg became the majority shareholder last month after acquiring shares from former Phoenix Suns and Mercury owner Robert Sarver. Longtime NBA point guard and former Brooklyn Nets head coach Steve Nash is also a minority owner of the club.
“Andy Kohlberg and I have been good friends for many years,” Kerr said in a video posted on Real Mallorca’s X account. “We were together this summer. He told me there was a shift in the ownership group and he offered me the chance to be part of the new investment group.
“I was so excited, having been 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 10th season leading the Warriors this fall. He has 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 Team USA in the FIBA World Cup. The Americans will open that tournament on Saturday against New Zealand in the Philippines.
Mallorca started its third straight season in Spain’s top soccer league this summer following a ninth-place finish last season. The club tied with Las Palmas and fell to Villarreal in its first two matches this season.
While Kerr said he won’t make it to a match this summer due to the World Cup, he’s looking forward to making trips to the island in the future for matches.
“Becoming a Mallorca fan last year and becoming involved now with the team, I’m going to be watching LaLiga games all year,” Kerr said. “It just makes it so exciting, not only to have a financial stake but really what that means, putting your heart into it and really becoming part of the team. It’s really exciting.”
