Warriors’ Head Coach Steve Kerr Acquires Minority Stake in La Liga’s RCD Mallorca

Steve Kerr at the Part The Cloud Gala Benefitting Alzheimer's Association in 2021
Team USA coach Steve Kerr at the Part The Cloud Gala Benefitting Alzheimer's Association in 2021. Photo by Drew Altizer Photography/Shutterstock (12541528p)

Golden State Warriors’ head coach Steve Kerr is making an unexpected venture in soccer. Kerr just became a minority shareholder in the soccer club RCD Mallorca, which competes in Spanish La Liga.

Mallorca officially welcomed Kerr on board via social media post on Tuesday.

According to Kerr, he decided to invest in Mallorca after his friend and former U.S. tennis star Andy Kohlberg became the club’s majority shareholder earlier this year. Kohlberg previously invested in the club in 2016 alongside former Phoenix Suns’ owner Robert Sarver and Hall of Famer Steve Nash. 

“Andy Kohlberg and I have been friends for many years,” Kerr said in a statement. “We were together this summer. He told me there was a shift in the ownership group, and he offered me the chance to be part of the new investment group.”

“I was so excited, having been in Mallorca last summer watching a game, following the team, and becoming a fan. It was a really exciting opportunity, and I jumped at it,” Kerr added.

Mallorca was one of the top Spanish clubs in the late 1990s and early 2000s. They finished third in La Liga in 1999 and 2001 while winning Copa del Rey in 2003.

Since then, the club has gone through a rough period that saw them relegated to the third tier of the Spanish soccer system. They returned to La Liga in 2021–22 and finished ninth last season.