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List of NBA team owners

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This article is a list of principal owners of National Basketball Association teams.

The NBA requires a change in "controlling ownership" to be approved by the NBA Board of Governors, composed of one representative (Governor) from each team.[1] Toronto Raptors owner Larry Tanenbaum has been Chairman of the NBA Board of Governors since 2017.[2]

Franchise Owner(s) Governor Operating entity Enterprise Valuation (US$ millions) Year became principal owner(s)
Atlanta Hawks Tony Ressler (est. 47%-51%); Grant Hill, Steven Price, Rick Schnall, Sara Blakely, Jesse Itzler, Ted Virtue, Bob Goodman; Michael Gearon, Jr., Rutherford Seydel, Beaut Turner (1% combined)[3] Blue Owl Capital (6%)[4] Tony Ressler[5] Hawks Basketball, Inc. Est. $2 billion[4] 2015
Boston Celtics Wyc Grousbeck, Stephen Pagliuca, H. Irving Grousbeck, David Bonderman, Jim Breyer, James Pallotta, Glenn Hutchins, Jonathan Lavine Wyc Grousbeck[6] Boston Basketball Partners 360[7] 2002
Brooklyn Nets Joe and Clara Wu Tsai (85%), Julia, David, Jr., Mary Julia, and John Koch (15%)[8][9] Joe Tsai[10] BSE Global[8] 2,350[11] 2019
Charlotte Hornets Gabe Plotkin, Rick Schnall Rick Schnall(rotate with Plotkin every 5 years)[12] Hornets Sports & Entertainment 3,000[13] 2023
Chicago Bulls Jerry Reinsdorf Chicago Professional Sports Limited Partnership 16.2[14] 1985
Cleveland Cavaliers Dan Gilbert Cavaliers Entertainment LLC 375[15][16] 2005
Dallas Mavericks Miriam Adelson, Sivan Dumont, and Patrick Dumont (69%), Mark Cuban (27%), Mary Stanton (4%)[17] Patrick Dumont[18] Dallas Basketball Limited[19] 3,800 to 3,900[17] 2023
Denver Nuggets Ann Walton Kroenke Kroenke Sports & Entertainment, Denver Nuggets Limited Partnership 202[20] 2000
Detroit Pistons Tom Gores Palace Sports & Entertainment, Detroit Pistons Basketball Company 325[21][22] 2011
Golden State Warriors Joe Lacob (25%),[23] Peter Guber, Arctos Sports Partners (13%)[24] Joe Lacob[25] GSW Sports LLC 450[26] 2010
Houston Rockets Tilman Fertitta Fertitta Entertainment 2,200[27] 2017
Indiana Pacers Herbert Simon (80%), Steven Rales (20%)[28] Pacers Sports & Entertainment, Pacers Basketball, LLC $3.47 billion[28] 1983
Los Angeles Clippers Steve Ballmer (100%)[29][30] Steve Ballmer[29] LAC Basketball Club, Inc. $2 billion[29] 2014
Los Angeles Lakers Jeanie Buss, Jim Buss and Johnny Buss, along with siblings in the Jerry Buss family trust.[31] Jeanie Buss[32] The Los Angeles Lakers, Inc. 20 & 268[33] 1979 & 1998
Memphis Grizzlies Robert J. Pera Memphis Basketball LLC 377[34][35] 2012
Miami Heat Micky Arison (88%);[36] Julio Iglesias, Raanan Katz, Robert Sturges, and Amancio Suarez (12%)[37] Micky Arison[36] Miami Heat Limited Partnership 68[38] 1995
Milwaukee Bucks Wesley Edens, Jimmy and Dee Haslam (25%)[39] Milwaukee Bucks, Inc. 3,500[39] 2014
Minnesota Timberwolves Glen Taylor (60%), Alex Rodriguez and Marc Lore (40%)[40] Minnesota Timberwolves Basketball Limited Partnership 88.5[41][42] 1995
New Orleans Pelicans Gayle Benson New Orleans Pelicans NBA Limited Partnership 338[43][44] 2012
New York Knicks James Dolan The Madison Square Garden Company, New York Knicks, Inc. 300[45] 1997
Oklahoma City Thunder Clay Bennett Professional Basketball Club LLC 325[46] 2006
Orlando Magic Dan DeVos RDV Sports, Inc., Orlando Magic, Ltd. 85[47] 1991
Philadelphia 76ers Josh Harris and David Blitzer Harris Blitzer Sports & Entertainment 287[48][49] 2011
Phoenix Suns Mat Ishbia and Justin Ishbia (57%), four minority shareholders, including Jahm Najafi[50] Mat Ishbia (alternate: Justin Ishbia)[50] Unknown 4,000[50] 2023
Portland Trail Blazers Jody Allen Vulcan Inc., Trail Blazers, Inc. 70[51] 1988
Sacramento Kings Vivek Ranadivé,[52] Paul E. Jacobs, Gary E. Jacobs, Hal Jacobs, Jeffrey A. Jacobs,[53] Sacramento Kings Partnership Group (operating entity yet to be named) 534[54][55] 2013
San Antonio Spurs Peter J. Holt Spurs Sports & Entertainment, San Antonio Spurs LLC 76[56] 1993
Toronto Raptors Rogers Communications (75%), Larry Tanenbaum (25%)[57] Tanenbaum[57] Maple Leaf Sports & Entertainment, Toronto Raptors Basketball Club 467[58] 1998
Utah Jazz 80%: Ryan Smith, Ashley Smith, Ryan Sweeney, Mike Cannon-Brookes; <20%: Miller Family; >1% Dwyane Wade[59][60] Ryan Smith[61] Jazz Basketball Investors, Inc. 1,660[62][61] 2021
Washington Wizards Ted Leonsis (100%)[63] Ted Leonsis Monumental Sports & Entertainment[63] 551[64][65] 2010

See also

[edit]

References

[edit]
General
  • "NBA Owners". HoopsHype.com. USA Today. Retrieved April 25, 2013.
Specific
  1. ^ Rainey, James (2014-05-23). "Sterlings plan a shift in Clippers ownership". LA Times. Retrieved 15 June 2024.
  2. ^ "Toronto Raptors' Larry Tanenbaum reelected as chairman of NBA Board of Governors". NBA. 2022-09-22. Retrieved 15 June 2024.
  3. ^ Vivlamore, Chris (2015-06-24). "Ressler takes over as Atlanta Hawks officially change ownership". Atlanta Journal-Constitution. Retrieved 10 February 2025.
  4. ^ a b Jackson, Eyal (2022-01-04). "Dyal's Atlanta Hawks' Stake Bolsters NBA Private Equity Boomlet". Sportico. Retrieved 10 February 2025.
  5. ^ "Group Led By Tony Ressler Completes Purchase of Atlanta Hawks". NBA. 2015-06-25. Retrieved 31 May 2024.
  6. ^ Rivera, Gio (2024-02-29). "Wyc Grousbeck Explains How NBA-Best Celtics Came To Be In Offseason". NESN. Retrieved 31 May 2024.
  7. ^ "Boston Celtics on the Forbes NBA Team Valuations List". Forbes.
  8. ^ a b "Nets Parent BSE Global Valued at $6 Billion as Kochs Land 15% Stake". Sportico. 2024-06-18. Retrieved 9 February 2025.
  9. ^ "NBA Approves Nets, Liberty Minority Stake Sale to Julia Koch". Sportico. 2024-06-24. Retrieved 9 February 2025.
  10. ^ "Joe Tsai". NBA. Retrieved 30 June 2024.
  11. ^ "Brooklyn Nets sale nearly complete, will be worth about $2.35 billion". USA Today.
  12. ^ "Hornets sale from Michael Jordan to Gabe Plotkin, Rick Schnall finalized". ESPN. 2023-08-03. Retrieved 10 June 2024.
  13. ^ Maloney, Jack. "Hornets sale approved: Michael Jordan's 13-year run as NBA team owner ends, per report". CBS Sports. Retrieved 29 July 2023.
  14. ^ "Chicago Bulls on the Forbes NBA Team Valuations List". Forbes.
  15. ^ "Cleveland Cavaliers on the Forbes NBA Team Valuations List". Forbes.
  16. ^ "ESPN's Stephen A. Smith says Dan Gilbert wants to sell the Cleveland Cavaliers".
  17. ^ a b "Mark Cuban's sale of Dallas Mavericks unanimously approved by NBA". Dallas News. 2023-12-27. Archived from the original on February 5, 2024. Retrieved 2024-02-05.
  18. ^ "What to know about Mavericks governor, majority shareholder Patrick Dumont". Dallas Morning News. 2024-02-12. Retrieved 31 May 2024.
  19. ^ "Investigative Report Alleges Decades of Misconduct Inside Dallas Mavericks Front Office". NBCDFW. 2018-09-19. Retrieved 31 May 2024.
  20. ^ "Denver Nuggets on the Forbes NBA Team Valuations List". Forbes.
  21. ^ "Detroit Pistons on the Forbes NBA Team Valuations List". Forbes.
  22. ^ "Report: Tom Gores Bought Pistons for $325 Million". 3 June 2011.
  23. ^ "Magic reveals he turned down chance to buy stake in Warriors". NBC Bay Area. 2022-10-25. Retrieved 10 June 2024.
  24. ^ "Arctos More Than Doubles Warriors Ownership Stake to 13%". Sportico. 2021-12-23. Retrieved 10 June 2024.
  25. ^ "Joe Lacob". Golden State Warriors. Retrieved 9 February 2025.
  26. ^ "Golden State Warriors on the Forbes NBA Team Valuations List". Forbes.
  27. ^ "Houston Rockets on the Forbes NBA Team Valuations List". Forbes.
  28. ^ a b East, Tony (2023-12-01). "Steven Rales purchases 15% of Indiana Pacers from Herbert Simon, now owns 20% of the team pending NBA approval". Sports Illustrated. Retrieved 10 February 2025.
  29. ^ a b c "Steve Ballmer officially owns the Los Angeles Clippers". Los Angeles Daily News. 2017-08-28. Retrieved 10 February 2025.
  30. ^ ESPN.com (August 12, 2014). "Steve Ballmer new Clippers owner". ESPN.com. Retrieved August 12, 2014.
  31. ^ Markazi, Arash (February 18, 2013). "Buss family won't sell Lakers". ESPN.com. Archived from the original on February 19, 2013.
  32. ^ "Los Angeles Lakers Governor Jeanie Buss on the time she was a (temporary) Warriors fan". Yahoo Sports. 2023-09-24. Retrieved 10 June 2024.
  33. ^ "Los Angeles Lakers on the Forbes NBA Team Valuations List". Forbes.
  34. ^ "Memphis Grizzlies on the Forbes NBA Team Valuations List". Forbes.
  35. ^ "Tech magnate Pera will buy Memphis Grizzlies". 11 June 2012.
  36. ^ a b Hyatt, John (2023-06-01). "Meet Billionaire Miami Heat Owner Micky Arison, Whose Light Touch Is Behind His NBA Team's Most Recent Finals Run". Forbes. Retrieved 3 February 2025.
  37. ^ "ARISON FAMILY TAKES FULL CONTROL OF THE HEAT". Sports Business Journal. 1995-01-30. Retrieved 3 February 2025.
  38. ^ "A Look at the Finances Behind the Miami Heat's Success | HeatHoops". 26 June 2013.
  39. ^ a b Bontemps, Tim (2023-02-27). "Sources: Lasry agrees to sell his stake in Bucks to Haslams". ESPN. Retrieved 10 June 2024.
  40. ^ "Glen Taylor on Wolves sale: 'I'll just continue to keep the ownership'". Sports Illustrated. 2024-04-19. Retrieved 10 February 2025.
  41. ^ "Minnesota Timberwolves on the Forbes NBA Team Valuations List". Forbes.
  42. ^ "Kevin Garnett Leading Group 'Seriously Interested' in Buying T-Wolves". Bleacher Report.
  43. ^ "New Orleans Pelicans on the Forbes NBA Team Valuations List". Forbes.
  44. ^ "Saints owner agrees to purchase Hornets". 13 April 2012.
  45. ^ "New York Knicks on the Forbes NBA Team Valuations List". Forbes.
  46. ^ "Oklahoma City Thunder on the Forbes NBA Team Valuations List". Forbes.
  47. ^ "Orlando Magic on the Forbes NBA Team Valuations List". Forbes.
  48. ^ "Philadelphia 76ers on the Forbes NBA Team Valuations List". Forbes.
  49. ^ "How the Value of the Philadelphia 76ers Doubled in Two Years". Forbes.
  50. ^ a b c Holmes, Baxter (2023-02-06). "NBA board of governors approves sale of Suns, Mercury to Mat Ishbia". ESPN. Retrieved 30 June 2024.
  51. ^ "Portland Trail Blazers on the Forbes NBA Team Valuations List". Forbes.
  52. ^ "Maloofs complete sale of Sacramento Kings to Ranadive group - Kings/NBA - the Sacramento Bee". Archived from the original on 2013-06-07. Retrieved 2013-05-31.
  53. ^ San Diego Tribune: "Jacobs Brothers Finally Getting in the Hoops Business" by Kevin Acee March 30, 2013
  54. ^ "Sacramento Kings on the Forbes NBA Team Valuations List". Forbes.
  55. ^ "Maloofs complete sale of Kings to Vivek Ranadive group at record valuation".
  56. ^ "San Antonio Spurs on the Forbes NBA Team Valuations List". Forbes.
  57. ^ a b "Bell sells ownership stake in Maple Leaf Sports & Entertainment; Rogers becomes majority owner". The Athletic. 2024-09-18. Retrieved 9 February 2025.
  58. ^ "Toronto Raptors on the Forbes NBA Team Valuations List". Forbes.
  59. ^ Walden, Eric (2022-08-24). "Miller family sells some of its remaining shares in the Utah Jazz". Salt Lake Tribune. Retrieved 15 June 2024.
  60. ^ "D-Wade leaps into ownership with stake in Jazz". 16 April 2021.
  61. ^ a b Cohen, Ben (28 October 2020). "Utah Jazz Sold to Qualtrics Founder Ryan Smith for $1.66 Billion". Wall Street Journal.
  62. ^ "Utah Jazz on the Forbes NBA Team Valuations List". Forbes.
  63. ^ a b "Leonsis takes control of Wizards". Associated Press. 2010-06-10. Retrieved 3 February 2025.
  64. ^ "Washington Wizards on the Forbes NBA Team Valuations List". Forbes.
  65. ^ "Capitals owner closes in on purchase of Wizards". 27 April 2010.
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