In August 2023, former NBA star Steve Kerr joined forces with ex‑tennis pro Andy Kohlberg, former NBA MVP Steve Nash and ex‑U.S. international Stu Holden to buy RCD Mallorca for $23.86 million. The quartet, already linked to the Phoenix Suns, saw the island club as a growth gem in LaLiga today.

Mallorca has endured two relegations and three promotions, sliding from Segunda División to LaLiga over five seasons. Their 2024 Copa del Rey run to the final, though ending in defeat, showcased resilience and raised the club’s profile, positioning them as a competitive underdog in Spain’s top flight for the season.

With the ownership group now settled, focus shifts to stabilizing Mallorca’s squad and leveraging the island’s tourism appeal to boost revenue. Fans will watch how the former NBA stars’ sports‑management mindset translates to football tactics, and whether the club can break into the top half of LaLiga next season ahead.