List Of NBA Team 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
- Forbes list of the most valuable NBA clubs
- List of current NBA head coaches
- List of NBA team presidents
- List of NBA general managers
- List of NHL franchise owners
- List of NFL franchise owners
- List of Major League Baseball principal owners
- List of MLS team owners
- List of professional sports teams in the United States and Canada
References
- General
- "NBA Owners". HoopsHype.com. USA Today. Retrieved April 25, 2013.
- Specific
- ^ Rainey, James (2014-05-23). "Sterlings plan a shift in Clippers ownership". LA Times. Retrieved 15 June 2024.
- ^ "Toronto Raptors' Larry Tanenbaum reelected as chairman of NBA Board of Governors". NBA. 2022-09-22. Retrieved 15 June 2024.
- ^ "Atlanta Hawks Sold to Tony Ressler and Grant Hill". Bleacher Report.
- ^ "Group Led By Tony Ressler Completes Purchase of Atlanta Hawks". NBA. 2015-06-25. Retrieved 31 May 2024.
- ^ "Atlanta Hawks on the Forbes NBA Team Valuations List". Forbes.
- ^ "Ares's Ressler to Buy NBA's Atlanta Hawks for $730 Million". Bloomberg.com. 22 April 2015.
- ^ Rivera, Gio (2024-02-29). "Wyc Grousbeck Explains How NBA-Best Celtics Came To Be In Offseason". NESN. Retrieved 31 May 2024.
- ^ "Boston Celtics on the Forbes NBA Team Valuations List". Forbes.
- ^ "Joe Tsai". NBA. Retrieved 30 June 2024.
- ^ "Brooklyn Nets sale nearly complete, will be worth about $2.35 billion". USA Today.
- ^ "Hornets sale from Michael Jordan to Gabe Plotkin, Rick Schnall finalized". ESPN. 2023-08-03. Retrieved 10 June 2024.
- ^ Maloney, Jack. "Hornets sale approved: Michael Jordan's 13-year run as NBA team owner ends, per report". CBS Sports. Retrieved 29 July 2023.
- ^ "Chicago Bulls on the Forbes NBA Team Valuations List". Forbes.
- ^ "Cleveland Cavaliers on the Forbes NBA Team Valuations List". Forbes.
- ^ "ESPN's Stephen A. Smith says Dan Gilbert wants to sell the Cleveland Cavaliers".
- ^ "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.
- ^ "What to know about Mavericks governor, majority shareholder Patrick Dumont". Dallas Morning News. 2024-02-12. Retrieved 31 May 2024.
- ^ "Investigative Report Alleges Decades of Misconduct Inside Dallas Mavericks Front Office". NBCDFW. 2018-09-19. Retrieved 31 May 2024.
- ^ "Denver Nuggets on the Forbes NBA Team Valuations List". Forbes.
- ^ "Detroit Pistons on the Forbes NBA Team Valuations List". Forbes.
- ^ "Report: Tom Gores Bought Pistons for $325 Million". 3 June 2011.
- ^ "Magic reveals he turned down chance to buy stake in Warriors". NBC Bay Area. 2022-10-25. Retrieved 10 June 2024.
- ^ "Arctos More Than Doubles Warriors Ownership Stake to 13%". Sportico. 2021-12-23. Retrieved 10 June 2024.
- ^ "Golden State Warriors on the Forbes NBA Team Valuations List". Forbes.
- ^ "Houston Rockets on the Forbes NBA Team Valuations List". Forbes.
- ^ "Indiana Pacers on the Forbes NBA Team Valuations List". Forbes.
- ^ "Doyel: Pacers owner Herb Simon reveals succession plan, team's future in Indy".
- ^ ESPN.com (August 12, 2014). "Steve Ballmer new Clippers owner". ESPN.com. Retrieved August 12, 2014.
- ^ "Los Angeles Clippers on the Forbes NBA Team Valuations List". Forbes.
- ^ Markazi, Arash (February 18, 2013). "Buss family won't sell Lakers". ESPN.com. Archived from the original on February 19, 2013.
- ^ "Los Angeles Lakers Governor Jeanie Buss on the time she was a (temporary) Warriors fan". Yahoo Sports. 2023-09-24. Retrieved 10 June 2024.
- ^ "Los Angeles Lakers on the Forbes NBA Team Valuations List". Forbes.
- ^ "Memphis Grizzlies on the Forbes NBA Team Valuations List". Forbes.
- ^ "Tech magnate Pera will buy Memphis Grizzlies". 11 June 2012.
- ^ "Nick Arison climbs ladder, named Heat CEO". 22 July 2011.
- ^ "A Look at the Finances Behind the Miami Heat's Success | HeatHoops". 26 June 2013.
- ^ Bontemps, Tim (2023-02-27). "Sources: Lasry agrees to sell his stake in Bucks to Haslams". ESPN. Retrieved 10 June 2024.
- ^ "Minnesota Timberwolves on the Forbes NBA Team Valuations List". Forbes.
- ^ "Kevin Garnett Leading Group 'Seriously Interested' in Buying T-Wolves". Bleacher Report.
- ^ "New Orleans Pelicans on the Forbes NBA Team Valuations List". Forbes.
- ^ "Saints owner agrees to purchase Hornets". 13 April 2012.
- ^ "New York Knicks on the Forbes NBA Team Valuations List". Forbes.
- ^ "Oklahoma City Thunder on the Forbes NBA Team Valuations List". Forbes.
- ^ "Orlando Magic on the Forbes NBA Team Valuations List". Forbes.
- ^ "Philadelphia 76ers on the Forbes NBA Team Valuations List". Forbes.
- ^ "How the Value of the Philadelphia 76ers Doubled in Two Years". Forbes.
- ^ Holmes, Baxter (2023-02-06). "NBA board of governors approves sale of Suns, Mercury to Mat Ishbia". ESPN. Retrieved 30 June 2024.
- ^ "Portland Trail Blazers on the Forbes NBA Team Valuations List". Forbes.
- ^ "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.
- ^ San Diego Tribune: "Jacobs Brothers Finally Getting in the Hoops Business" by Kevin Acee March 30, 2013
- ^ "Sacramento Kings on the Forbes NBA Team Valuations List". Forbes.
- ^ "Maloofs complete sale of Kings to Vivek Ranadive group at record valuation".
- ^ "San Antonio Spurs on the Forbes NBA Team Valuations List". Forbes.
- ^ "Toronto Raptors on the Forbes NBA Team Valuations List". Forbes.
- ^ Walden, Eric (2022-08-24). "Miller family sells some of its remaining shares in the Utah Jazz". Salt Lake Tribune. Retrieved 15 June 2024.
- ^ "D-Wade leaps into ownership with stake in Jazz". 16 April 2021.
- ^ Cohen, Ben (28 October 2020). "Utah Jazz Sold to Qualtrics Founder Ryan Smith for $1.66 Billion". Wall Street Journal.
- ^ "Utah Jazz on the Forbes NBA Team Valuations List". Forbes.
- ^ "Washington Wizards on the Forbes NBA Team Valuations List". Forbes.
- ^ "Capitals owner closes in on purchase of Wizards". 27 April 2010.