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BREAKING: Cade Cunningham Purchases Minority Stake In Texas Rangers

Sport Syntax·2 min read·Updated about 1 month ago
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Detroit Pistons All-Star and Arlington, Texas native Cade Cunningham has purchased a minority ownership stake in his hometown MLB team, the Texas Rangers, he told ESPN on Thursday.

The 22-year-old guard, who was the No. 1 overall pick in the 2021 NBA Draft, is making a significant investment in the community where he was raised. By joining the Texas Rangers ownership group, Cade Cunningham becomes one of the youngest active professional athletes to hold a stake in a Major League Baseball franchise. The move connects the NBA standout to the defending World Series champions, who play their home games at Globe Life Field in his hometown of Arlington.

According to Shams Charania, the deal marks a major expansion of Cunningham's off-court business portfolio. While financial specifics of the minority stake have not been publicly disclosed, the move highlights a growing trend of elite athletes securing ownership positions in professional sports teams while still active in their own playing careers.

Cunningham has spent his entire professional career with the Detroit Pistons, where he has established himself as the franchise's cornerstone player. This homecoming investment further cements his ties to the North Texas region, where he first rose to national prominence as a high school basketball star before playing collegiately at Oklahoma State.

This is a developing story. Check back for updates.

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