Los Cangrejeros de Santurce, a professional basketball team based in Santurce, the largest barrio in San Juan, Puerto Rico, has named Puerto Rican rapper Bad Bunny as its new co-owner, the team announced Monday (May 17) on social media.
“The main purpose and commitment of this initiative is to help foster positive change on the island,” the team’s statement reads. “The goal is to promote a better future through sports, music and the arts. The main objective is to encourage ideas and dreams in the Puerto Rican youth, which provoke an authentic and real social transformation.”
The team, which is part of Puerto Rico’s National Superior Basketball (BSN) league, says Bad Bunny is joined by his manager Noah Assad, and Jonathan Miranda, vice president of Rimas Music Entertainment, as new partners.
Los Cangrejeros added that their organization comes with “a great team, new talent and a transformed image, giving it a modern look, which alludes to the culture of Santurce, using elements such as the streets and neighborhoods to strengthen that sense of identity and pride of the hometown of the team.”
The team’s press release doesn’t go into specifics about ownership, so we’re not sure if Bad Bunny actually purchased part of the team or if this is just a sort of honorary ownership, but the team did say that there would be another announcement tomorrow afternoon, so maybe more news will be cleared up at that time.