We all thought Andrew Bogut would be the first Australian NBA player to become an NBL team owner, upon his retirement. In a surprise announcement on Monday morning, the South East Melbourne Phoenix announced that Dante Exum will be joining their ownership group.

“It is a privilege to have Dante join the Phoenix family,” Phoenix owner, Romie Chaudhari said. “I have spent time with Dante, and he is really wonderful to work with. I am proud to have him as part of our organization and he represents our club’s value set.

“Since he’s from Melbourne, our community focus was critical for Dante choosing to come on board. I look forward to watching Dante’s career blossom both as an NBA player and as a successful entrepreneur.”

Exum, who is preparing for his next season with the Utah Jazz, saw his decision to join the Phoenix as a way to establish a deeper relationship with the city of Melbourne.

“It’s an honour to be joining the investment group of the South East Melbourne Phoenix,” Exum shared.

“Melbourne has played a key role in my basketball journey and the chance to be involved in the ownership group of the SEM Phoenix is a perfect way to further that strong connection with the city. I look forward to seeing the continued growth of the NBL and much success and excitement for the team and the city of Melbourne.”