In 2013, Kidd bought 0.1% of the Nets shares for 500,000 yuan. How much is it worth selling now?

In the fiercely competitive basketball league of the NBA, the stars work hard on the court with their talents and efforts, winning honors for the team, and also seeking opportunities for themselves to win both fame and fortune. For Mavericks head coach Jason Kidd, his path to wealth is full of adventure and luck.

In 2013, Kidd bought a 0.1% stake in the Brooklyn Nets for $500,000. This seemingly inconspicuous investment has now become a "gold mine" in his hands.

In fact, Kidd's relationship with the Nets can be traced back to his players' time. From 2002 to 2003, Kidd led the Nets to the Finals for two consecutive years. Although he did not win the championship, he also set the highest bright moment in team history. During the seven years of playing for the Nets, Kidd has established a deep relationship with the team and is eager to become a shareholder of the team. However, because the NBA stipulates that players cannot hold stakes in the team, this wish could not be realized at the time.

Time comes in 2013, and Kidd, who has just retired, finally waited for the opportunity. At that time, the famous singer JAY-Z was preparing to sell 0.1608% of the Nets' shares. Because she had a good personal relationship with Kidd, the former sold 0.1% of the shares to Kidd for a "friendly price" of $500,000, while Chinese singer Pan Weibo purchased the remaining 0.068%. Kidd's investment decision now seems undoubtedly wise and forward-looking.

After this, the Nets underwent earth-shaking changes. The team moved from New Jersey to Brooklyn, New York, and the team's owner also changed from Russian wealthy businessman Prokhov to Tsai Chongxin, and was acquired by the Koch family again last year. Although the Nets have always missed the championship during this period, the Nets' market value is also rising due to their advantages in New York and the rapid development of NBA commercialization.

According to the NBA team valuation rankings released by Forbes in 2023, the Nets' market value has reached US$3.4 billion. This figure has made a huge leap compared to Kidd's market value when he bought shares ten years ago. By 2025, the Nets' market value reached US$4.8 billion.

Based on the Nets' market value of $3.4 billion in 2023, Kidd's 0.1% stake has reached $3.4 million. If calculated based on the estimated market value of US$4.8 billion in 2025, the value of this share will further climb to US$4.8 million. In just 12 years, Kidd's $500,000 investment has increased by nearly ten times. This is not only an extension of his basketball wisdom, but also a generous return from his accurate judgment of the Nets' future development.

It is worth mentioning that after Irving, Durant and Harden left the team one after another in 2023, Kidd was worried that the team's market value would be affected, so he planned to sell his shares at that time. Of course, whether or not the 0.1% stake was sold, this investment made Kidd make a fortune.