It was announced on Thursday that Mavericks head coach Jason Kidd is joining the ownership group for Everton FC, a founding member of England's Premier League. Kidd is joining on with the American-based Friedkin Group, led by Mark Watts out of Houston.

Dallas Mavericks coach Jason Kidd has officially joined the ownership group of the Premier League club Everton. Kidd has joined Roundhouse Capital Holdings -- an entity within The Friedkin Group (TFG) -- which took over Everton back in December.

The basketball legend has joined the soccer ownership trend, investing in an English Premier League side, Everton, that is looking to a future in a new stadium.