Ja Morant purchases stake in French basketball team

Morant and Catch12, his media and business venture company, have purchased a stake in the Levallois Metropolitans French basketball team, ClutchPoints has been told. Over the last couple of years, the NBA and FIBA have quickly progressed towards a partnership to bring a new basketball league to Europe. Morant and his team have been monitoring those conversations, and the minority ownership signals Morant’s interest building out his business portfolio outside of traditional means.