Portland Trail Blazers Forward Jerami Grant is new D.C. United owner

Even before he stops playing basketball, Portland Trail Blazers forward Jerami Grant is already planning his retirement. He has joined the D.C. United ownership group as an investor, making him one of the few active players to own a club.

Being an investor in D.C United is significant for Grant because he grew up in the DMV, Washington, D.C. and the place has a special space in his heart. Commenting on his investment, he said he was proud to make a move in a community that has played a role in shaping him.

“I am honored to be joining the D.C. United ownership group. Having grown up in the DMV, Washington, D.C. holds a special place in my heart, and I am proud to invest in the community that has played a significant role in shaping who I am today,” Grant said in a news release.

“D.C. United’s ownership group has shown impressive growth over the years, extending their influence beyond sports into the realms of music and arts, which is something I deeply respect. The club’s commitment to social responsibility is admirable, and I am eager to contribute in a meaningful way by giving back to the community. I strongly believe in the power of sports to bring people together, and as a professional athlete and owner, I am dedicated to making a positive impact in the DMV region through empowerment, providing opportunities, and service.”

As a new owner of D.C United, he joins rapper Yo Gotti, who also secured ownership in D.C. United back in 2021, when the club had a reported valuation of $730 million, Afrotech reported.

Meanwhile, the club co-chairmen, Jason Levien and Steve Kaplan, said the addition of the Portland Trail Blazers forward shows the continuous growth of the club.

“As D.C. United continues to grow year over year, it’s integral for us to enhance our ownership group with a wide range of experience and expertise as we continue to enhance our overall business. Jerami’s extensive experience in collegiate and professional sports, his dedication to his community and charitable efforts, and unique perspective make him a valued addition to our ownership group, and we are excited to have him join us as a partner.”