James Harden #13 of the Brooklyn Nets deals with the ball versus the Boston Celtics in Game One of the First Round of the 2021 NBA Playoffs at Barclays Center at Barclays Center on May 22, 2021 in New York City.
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NBA super star James Harden is a brand-new financier in high-end merchant Saks, the celebrations revealed on Monday.
Harden acquired a minority stake and will end up being a member of the Saks’ board, where he’ll recommend on growing “high-potential consumer brands” and assist broaden its e-commerce platform, according to the statement. Terms of Harden’s financial investment were not offered.
“I am honored to join the Saks board and to be a part of a company that is paving the future of luxury retail,” Harden stated in a declaration. “This is an exciting opportunity for me to combine two of my personal passions – a love of fashion and teaming up with brands that have the potential to lead while making an impact on the communities they serve.”
Harden, a star on the Brooklyn Nets, is among the more stylish gamers in the NBA and has actually gathered a following amongst the league’s more youthful fans by means of social networks collaborations. Harden, 31, remains in excellent position to take advantage of his cultural impact, name, image and similarity to drive brand-new organization to Saks and assist introduce clothes brand names.
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Harden has actually formerly made financial investments in drink business BodyArmor, individual health business Art of Sport, and Major League Soccer’s and the National Women’s Soccer League’s Houston franchises.
“As we work to build this new board, James is an important and valuable addition,” Saks’ chairman Richard Baker stated in a declaration. “With experience in growing businesses and as someone who values self-expression through fashion, I am confident that he will bring a distinct point of view that will help us better deliver for our customers.”
Harden will make $44 million for the 2021-22 season, part of a four-year $171 million extension he checked in 2017 with the Rockets. He was traded to the Nets in January.
In 6 video games in the 2021 postseason, Harden is balancing 23.2 points and 8.8 helps. He suffered a hamstring injury in Game 1 of the existing playoff round versus the Milwaukee Bucks. The Nets-Bucks series is connected 2-2 with Game 5 on Tuesday.
