About Boardroom

Boardroom is a sports, media and entertainment brand co-founded by Kevin Durant and Rich Kleiman and focused on the intersection of sports and entertainment. Boardroom’s flagship media arm features premium video/audio, editorial, daily and weekly newsletters, showcasing how athletes, executives, musicians and creators are moving the business world forward. Boardroom’s ecosystem encompasses B2B events and experiences (such as its renowned NBA and WNBA All-Star events) as well as ticketed conferences such as Game Plan in partnership with CNBC. Our advisory arm serves to consult and connect athletes, brands and executives with our broader network and initiatives.

Recent film and TV projects also under the Boardroom umbrella include the Academy Award-winning Two Distant Strangers (Netflix), the critically acclaimed scripted series SWAGGER (Apple TV+) and Emmy-nominated documentary NYC Point Gods (Showtime).

Boardroom’s sister company, Boardroom Sports Holdings, features investments in emerging sports teams and leagues, including the Major League Pickleball team, the Brooklyn Aces, NWSL champions Gotham FC, and MLS’ Philadelphia Union.

All Rights Reserved. 2022.

Everything You Need to Know About Al-Hilal’s Offer For Kylian Mbappé

Al-Hilal made a world-record offer to Paris Saint-Germain for superstar forward Kylian Mbappé. Here’s what that means.

After striking out on an offer to Lionel Messi that reportedly would’ve paid him $1.3 billion over two years, Saudi club Al-Hilal is again gunning for one of the world’s best players. This time, they’ve set their sights on Kylian Mbappé.

Al-Hilal reportedly made a record $332 million bid to Paris Saint-Germain for Mbappé, who has one year left on his contract, with a salary offer of just over $775 million for that last season. Mbappé is reportedly not interested in this offer, making his sporting future murky.

The 24-year-old French superstar announced last month that he wouldn’t renew his contract at PSG, with rumors swirling that he’d already agreed to a contract with Real Madrid and that the Spanish club has long been Mbappé’s preferred, dream destination. PSG didn’t include him on the roster for the club’s preseason tour in Japan, adding further fuel to the fire.

Sign up for our newsletter

Get on our list for weekly sports business, industry trends, interviews, and more.

Now PSG has some hard choices to make. After losing Messi to Inter Miami on a free transfer, the Parisians will want an exorbitant fee for Mbappé. PSG may just try to find an offer this summer, though Mbappé could reportedly receive an $89 million bonus if he’s still on the team in September.

PSG faces a hard choice that many top teams encounter when global superstars approach free agency. The top option is, of course, re-sign Mbappé and keep the world’s most talented player throughout his prime. They could try to sell him now for top dollar/euro to a club that would only get Mbappé for a year and risk losing him for free next summer. If Mbappé is really dead-set on Real Madrid, should PSG just negotiate a deal with them now? Would Real cut a deal now, or just wait for Mbappé to come over for free?

The primary difference in trades or transfers between European and American sports is that in international soccer transfers, teams either require or generally receive a player’s consent beforehand. There’s been a small wave of anger from some international Major League Soccer players who were traded without consent, one of the many fundamental differences between MLS and other soccer leagues.

Al-Hilal’s offer seems dead on arrival without Mbappé’s interest. A change of heart, however, would be the crown jewel of the Saudi Pro League‘s obscene spending spree. They’ve already spent on top international talents in Cristiano Ronaldo, Karim Benzema, N’Golo Kante, and Roberto Firmino. Al-Hilal alone doled out €118 million so far this transfer window on Portuguese star defensive midfielder Rúben Neves from Wolves, midfielder Sergej Milinković-Savić from Lazio, and center back Kalidou Koulibaly from Chelsea. Mbappé is the latest massive star to get a gargantuan Saudi offer, and he won’t be the last as the country’s sportswashing ambitions continue to make global sporting inroads.

Read More:

Shlomo Sprung

Shlomo Sprung is a Senior Staff Writer at Boardroom. He has more than a decade of experience in journalism, with past work appearing in Forbes, MLB.com, Awful Announcing, and The Sporting News. He graduated from the Columbia University Graduate School of Journalism in 2011, and his Twitter and Spotify addictions are well under control. Just ask him.