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  • 21 Aug, 2019

  • By, Wikipedia

List Of NBA Owners
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. Toronto Raptors owner Larry Tanenbaum has been Chairman of the NBA Board of Governors since 2017.

Franchise Principal owner(s) Governor Operating entity Valuation (US$ millions) Owned since
Atlanta Hawks Tony Ressler, Grant Hill, Steven Price, Rick Schnall, Sara Blakely, Jesse Itzler Tony Ressler Hawks Basketball, Inc. 730 2015
Boston Celtics Wyc Grousbeck, Stephen Pagliuca, H. Irving Grousbeck, David Bonderman, Jim Breyer, James Pallotta, Glenn Hutchins, Jonathan Lavine Wyc Grousbeck Boston Basketball Partners 360 2002
Brooklyn Nets Joe Tsai Joe Tsai J Tsai Sports 2,350 2019
Charlotte Hornets Gabe Plotkin, Rick Schnall Rick Schnall(rotate with Plotkin every 5 years) Hornets Sports & Entertainment 3,000 2023
Chicago Bulls Jerry Reinsdorf Chicago Professional Sports Limited Partnership 16.2 1985
Cleveland Cavaliers Dan Gilbert Cavaliers Entertainment LLC 375 2005
Dallas Mavericks Miriam Adelson and Patrick Dumont (69%), Mark Cuban (27%), Mary Stanton (4%) Patrick Dumont Dallas Basketball Limited 3,800 to 3,900 2023
Denver Nuggets Ann Walton Kroenke Kroenke Sports & Entertainment, Denver Nuggets Limited Partnership 202 2000
Detroit Pistons Tom Gores Palace Sports & Entertainment, Detroit Pistons Basketball Company 325 2011
Golden State Warriors Joe Lacob (25%), Peter Guber, Arctos Sports Partners (13%) GSW Sports LLC 450 2010
Houston Rockets Tilman Fertitta Fertitta Entertainment 2,200 2017
Indiana Pacers Herbert Simon Pacers Sports & Entertainment, Pacers Basketball, LLC 10.5 1983
Los Angeles Clippers Steve Ballmer LAC Basketball Club, Inc. 2,000 2014
Los Angeles Lakers Jeanie Buss, Jim Buss and Johnny Buss, along with siblings in the Jerry Buss family trust. Jeanie Buss The Los Angeles Lakers, Inc. 20 & 268 1979 & 1998
Memphis Grizzlies Robert J. Pera Memphis Basketball LLC 377 2012
Miami Heat Micky Arison Miami Heat Limited Partnership 68 1995
Milwaukee Bucks Wesley Edens, Jimmy and Dee Haslam (25%) Milwaukee Bucks, Inc. 3,500 2014
Minnesota Timberwolves Glen Taylor Minnesota Timberwolves Basketball Limited Partnership 88.5 1995
New Orleans Pelicans Gayle Benson New Orleans Pelicans NBA Limited Partnership 338 2012
New York Knicks James Dolan The Madison Square Garden Company, New York Knicks, Inc. 300 1997
Oklahoma City Thunder Clay Bennett Professional Basketball Club LLC 325 2006
Orlando Magic Dan DeVos RDV Sports, Inc., Orlando Magic, Ltd. 85 1991
Philadelphia 76ers Josh Harris and David Blitzer Harris Blitzer Sports & Entertainment 287 2011
Phoenix Suns Mat Ishbia and Justin Ishbia (57%), four minority shareholders, including Jahm Najafi Mat Ishbia (alternate: Justin Ishbia) Unknown 4,000 2023
Portland Trail Blazers Jody Allen Vulcan Inc., Trail Blazers, Inc. 70 1988
Sacramento Kings Vivek Ranadivé, Paul E. Jacobs, Gary E. Jacobs, Hal Jacobs, Jeffrey A. Jacobs, Sacramento Kings Partnership Group (operating entity yet to be named) 534 2013
San Antonio Spurs Peter J. Holt Spurs Sports & Entertainment, San Antonio Spurs LLC 76 1993
Toronto Raptors Larry Tanenbaum, Rogers Communications, BCE Maple Leaf Sports & Entertainment, Toronto Raptors Basketball Club 467 1998
Utah Jazz 80%: Ryan Smith, Ashley Smith, Ryan Sweeney, Mike Cannon-Brookes; <20%: Miller Family; >1% Dwyane Wade Ryan Smith Jazz Basketball Investors, Inc. 1,660 2021
Washington Wizards Ted Leonsis Monumental Sports & Entertainment 551 2010

See also