List of NBA team owners

Last updated

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]

FranchiseOwner(s)GovernorOperating entityEnterprise Valuation (USD) [3] Year became principal owner(s)
Atlanta Hawks Majority owner
Tony Ressler (50%) [4] [5]
Minority owners
Grant Hill, Steven Price, Rick Schnall, Sara Blakely, Jesse Itzler, Ted Virtue, Bob Goodman; Blue Owl Capital (6%) [6] ; Michael Gearon, Jr. and Rutherford Seydel (1% combined) [5] 		Tony Ressler [4] Hawks Basketball, Inc.$5.000 billion 2015
Boston Celtics Majority owner
William Chisholm (51%) [7] [8]
Minority owners
Wyc Grousbeck (49%), Aditya Mittal, Bruce Beal, Andrew Bialecki, Dom Ferrante, Rob Hale, Mario Ho, Ian Loring, and Sixth Street 		William Chisholm [7] Boston Basketball Partners $6.700 billion 2025
Brooklyn Nets Majority owners
Joe and Clara Wu Tsai (85%) [9]
Minority owners
Julia, David Jr., Mary Julia, and John Koch (15%) [10] [11] 		Joe Tsai [9] BSE Global [10] $5.600 billion 2019
Charlotte Hornets Majority owners
Gabe Plotkin, Rick Schnall [12]
Minority owners
Michael Jordan, J. Cole, Eric Church, Chris Shumway, Dan Sundheim, Ian Loring, Andrew Schwartzberg, Dyal HomeCourt Partners, Amy Levine Dawson, and Damian Mills		Rick Schnall
(rotates with Plotkin every 5 years) [12] 		Hornets Sports & Entertainment$3.800 billion 2023
Chicago Bulls Majority owner
Jerry Reinsdorf (63%) [13] [14]
Minority owners
Lester Crown and Lamar Hunt's estate		Jerry Reinsdorf [13] Chicago Professional Sports Limited Partnership$6.000 billion 1985
Cleveland Cavaliers Dan Gilbert Cavaliers Entertainment LLC$4.800 billion 2005
Dallas Mavericks Miriam Adelson, Sivan Dumont, and Patrick Dumont (69%), Mark Cuban (27%), Mary Stanton (4%) [15] Patrick Dumont [16] Dallas Basketball Limited [17] $5.100 billion 2023
Denver Nuggets Ann Walton Kroenke Kroenke Sports & Entertainment, Denver Nuggets Limited Partnership$4.600 billion 2000
Detroit Pistons Tom Gores Palace Sports & Entertainment, Detroit Pistons Basketball Company$3.650 billion 2011
Golden State Warriors Joe Lacob (25%), [18] Peter Guber, Arctos Sports Partners (13%) [19] Joe Lacob [20] GSW Sports LLC$11.000 billion 2010
Houston Rockets Tilman Fertitta Fertitta Entertainment$5.900 billion 2017
Indiana Pacers Herbert Simon (80%), Steven Rales (20%) [21] Pacers Sports & Entertainment, Pacers Basketball, LLC$4.200 billion 1983
Los Angeles Clippers Steve Ballmer (99%) Dennis J. Wong (1%) [22] [23] Steve Ballmer [22] LAC Basketball Club, Inc.$7.500 billion 2014
Los Angeles Lakers Majority owner
Mark Walter [24] [25]
Minority owners
Jerry Buss Family Trusts (15%), Todd Boehly, Edward P. Roski, and Patrick Soon-Shiong 		Jeanie Buss [25] The Los Angeles Lakers, Inc.$10.000 billion 2025
Memphis Grizzlies Robert J. Pera Memphis Basketball LLC$3.500 billion 2012
Miami Heat Micky Arison (88%); [26] Julio Iglesias, Raanan Katz, Robert Sturges, and Amancio Suarez (12%) [27] Micky Arison [26] Miami Heat Limited Partnership$3.600 billion 1995
Milwaukee Bucks Wesley Edens, Jimmy and Dee Haslam (25%) [28] Milwaukee Bucks, Inc.$4.300 billion 2014
Minnesota Timberwolves Alex Rodriguez and Marc Lore [29] Minnesota Timberwolves Basketball Limited Partnership$3.600 billion 1995
New Orleans Pelicans Gayle Benson New Orleans Pelicans NBA Limited Partnership$3.550 billion 2012
New York Knicks James Dolan The Madison Square Garden Company, New York Knicks, Inc.$9.750 billion 1997
Oklahoma City Thunder Clay Bennett Professional Basketball Club LLC $4.350 billion 2006
Orlando Magic Dan DeVos RDV Sports, Inc., Orlando Magic, Ltd.$3.900 billion 1991
Philadelphia 76ers Josh Harris and David Blitzer Harris Blitzer Sports & Entertainment $5.450 billion 2011
Phoenix Suns Mat Ishbia and Justin Ishbia (57%), four minority shareholders, including Jahm Najafi [30] Mat Ishbia (alternate: Justin Ishbia) [30] Unknown$5.425 billion 2023
Portland Trail Blazers Jody Allen Vulcan Inc., Trail Blazers, Inc.$4.250 billion 1988
Sacramento Kings Vivek Ranadivé, [31] Paul E. Jacobs, Gary E. Jacobs, Hal Jacobs, Jeffrey A. Jacobs, [32] Sacramento Kings Partnership Group
(operating entity yet to be named)		$4.450 billion 2013
San Antonio Spurs Peter J. Holt Spurs Sports & Entertainment, San Antonio Spurs LLC$4.400 billion 1993
Toronto Raptors Rogers Communications (75%), Larry Tanenbaum (25%) [33] Tanenbaum [33] Maple Leaf Sports & Entertainment, Toronto Raptors Basketball Club$5.400 billion 1998
Utah Jazz 80%: Ryan Smith, Ashley Smith, Ryan Sweeney, Mike Cannon-Brookes; <20%: Miller Family; >1% Dwyane Wade [34] [35] Ryan Smith [36] Jazz Basketball Investors, Inc.$4.100 billion 2021
Washington Wizards Ted Leonsis (100%) [37] Ted Leonsis Monumental Sports & Entertainment [37] $4.700 billion 2010

See also

References

General
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. ↑ Teitelbaum, Justin; Knight, Brett (2025-10-23). "The Most Valuable NBA Teams 2025". Forbes Staff. Retrieved 2025-11-06.
  4. 1 2 "Group Led By Tony Ressler Completes Purchase of Atlanta Hawks". NBA. 2015-06-25. Retrieved 31 May 2024.
  5. 1 2 Vivlamore, Chris (2015-06-24). "Ressler takes over as Atlanta Hawks officially change ownership". Atlanta Journal-Constitution . Retrieved 10 February 2025.
  6. ↑ Jackson, Eyal (2022-01-04). "Dyal's Atlanta Hawks' Stake Bolsters NBA Private Equity Boomlet". Sportico . Retrieved 10 February 2025.
  7. 1 2 Boston Celtics (August 19, 2025). "Chisholm Group Takes Control of the Boston Celtics". NBA Media Ventures, LLC. Retrieved November 8, 2025.
  8. ↑ "Boston Celtics on the Forbes NBA Team Valuations List". Forbes . Retrieved November 8, 2025.
  9. 1 2 Brooklyn Nets (September 18, 2019). "Joe Tsai Completes Acquisition of Full Ownership of Brooklyn Nets and Barclays Center". NBA . Retrieved November 8, 2025.
  10. 1 2 "Nets Parent BSE Global Valued at $6 Billion as Kochs Land 15% Stake". Sportico . 2024-06-18. Retrieved 9 February 2025.
  11. ↑ "NBA Approves Nets, Liberty Minority Stake Sale to Julia Koch". Sportico . 2024-06-24. Retrieved 9 February 2025.
  12. 1 2 Hornets PR (August 3, 2023). "Group Led By Gabe Plotkin and Rick Schnall Finalizes Purchase Of Majority Stake In Charlotte Hornets From Michael Jordan". NBA . Retrieved November 8, 2025.
  13. 1 2 "REINSDORF BUYS BULLS". Chicago Tribune . February 9, 1985. Retrieved November 8, 2025.
  14. ↑ Sakamoto, Bob (March 13, 1985). "Kovler Bows Out As a Bull's Owner". Chicago Tribune . Retrieved October 8, 2008.
  15. ↑ "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.
  16. ↑ "What to know about Mavericks governor, majority shareholder Patrick Dumont". Dallas Morning News . 2024-02-12. Retrieved 31 May 2024.
  17. ↑ "Investigative Report Alleges Decades of Misconduct Inside Dallas Mavericks Front Office". NBCDFW . 2018-09-19. Retrieved 31 May 2024.
  18. ↑ "Magic reveals he turned down chance to buy stake in Warriors". NBC Bay Area. 2022-10-25. Retrieved 10 June 2024.
  19. ↑ "Arctos More Than Doubles Warriors Ownership Stake to 13%". Sportico. 2021-12-23. Retrieved 10 June 2024.
  20. ↑ "Joe Lacob". Golden State Warriors . Retrieved 9 February 2025.
  21. ↑ 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.
  22. 1 2 "Steve Ballmer officially owns the Los Angeles Clippers". Los Angeles Daily News . 2017-08-28. Retrieved 10 February 2025.
  23. ↑ ESPN.com (August 12, 2014). "Steve Ballmer new Clippers owner". ESPN.com. Retrieved August 12, 2014.
  24. ↑ Charania, Shams (2025-06-18). "Buss family to sell Lakers to Mark Walter for $10B valuation". ESPN . Retrieved 2025-11-06.
  25. 1 2 Los Angeles Lakers (2025-10-30). "Mark Walter Acquires Majority Stake in Los Angeles Lakers". NBA . Retrieved 2025-11-06.
  26. 1 2 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.
  27. ↑ "ARISON FAMILY TAKES FULL CONTROL OF THE HEAT". Sports Business Journal . 1995-01-30. Retrieved 3 February 2025.
  28. ↑ Bontemps, Tim (2023-02-27). "Sources: Lasry agrees to sell his stake in Bucks to Haslams". ESPN. Retrieved 10 June 2024.
  29. ↑ "NBA Approves Sale of Minnesota Timberwolves and Lynx to Marc Lore and Alex Rodriguez". Timberwolves.com. NBA Media. Retrieved 3 July 2025.
  30. 1 2 Holmes, Baxter (2023-02-06). "NBA board of governors approves sale of Suns, Mercury to Mat Ishbia". ESPN . Retrieved 30 June 2024.
  31. ↑ "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.
  32. ↑ San Diego Tribune: "Jacobs Brothers Finally Getting in the Hoops Business" by Kevin Acee March 30, 2013
  33. 1 2 "Bell sells ownership stake in Maple Leaf Sports & Entertainment; Rogers becomes majority owner". The Athletic . 2024-09-18. Retrieved 9 February 2025.
  34. ↑ Walden, Eric (2022-08-24). "Miller family sells some of its remaining shares in the Utah Jazz". Salt Lake Tribune . Retrieved 15 June 2024.
  35. ↑ "D-Wade leaps into ownership with stake in Jazz". 16 April 2021.
  36. ↑ Cohen, Ben (28 October 2020). "Utah Jazz Sold to Qualtrics Founder Ryan Smith for $1.66 Billion". Wall Street Journal.
  37. 1 2 "Leonsis takes control of Wizards". Associated Press . 2010-06-10. Retrieved 3 February 2025.
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