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]

FranchisePrincipal owner(s)GovernorOperating entityValuation (US$ millions)Owned since
Atlanta Hawks Tony Ressler, Grant Hill, [3] Steven Price, Rick Schnall, Sara Blakely, Jesse Itzler Tony Ressler [4] Hawks Basketball, Inc.730 [5] [6] 2015
Boston Celtics Wyc Grousbeck, Stephen Pagliuca, H. Irving Grousbeck, David Bonderman, Jim Breyer, James Pallotta, Glenn Hutchins, Jonathan Lavine Wyc Grousbeck [7] Boston Basketball Partners 360 [8] 2002
Brooklyn Nets Joe Tsai Joe Tsai [9] J Tsai Sports2,350 [10] 2019
Charlotte Hornets Gabe Plotkin, Rick Schnall Rick Schnall(rotate with Plotkin every 5 years) [11] Hornets Sports & Entertainment3,000 [12] 2023
Chicago Bulls Jerry Reinsdorf Chicago Professional Sports Limited Partnership16.2 [13] 1985
Cleveland Cavaliers Dan Gilbert Cavaliers Entertainment LLC375 [14] [15] 2005
Dallas Mavericks Miriam Adelson and Patrick Dumont (69%), Mark Cuban (27%), Mary Stanton (4%) [16] Patrick Dumont [17] Dallas Basketball Limited [18] 3,800 to 3,900 [16] 2023
Denver Nuggets Ann Walton Kroenke Kroenke Sports & Entertainment, Denver Nuggets Limited Partnership202 [19] 2000
Detroit Pistons Tom Gores Palace Sports & Entertainment, Detroit Pistons Basketball Company325 [20] [21] 2011
Golden State Warriors Joe Lacob (25%), [22] Peter Guber, Arctos Sports Partners (13%) [23] GSW Sports LLC450 [24] 2010
Houston Rockets Tilman Fertitta Fertitta Entertainment2,200 [25] 2017
Indiana Pacers Herbert Simon Pacers Sports & Entertainment, Pacers Basketball, LLC10.5 [26] [27] 1983
Los Angeles Clippers Steve Ballmer [28] LAC Basketball Club, Inc.2,000 [29] 2014
Los Angeles Lakers Jeanie Buss, Jim Buss and Johnny Buss, along with siblings in the Jerry Buss family trust. [30] Jeanie Buss [31] The Los Angeles Lakers, Inc.20 & 268 [32] 1979 & 1998
Memphis Grizzlies Robert J. Pera Memphis Basketball LLC377 [33] [34] 2012
Miami Heat Micky Arison [35] Miami Heat Limited Partnership68 [36] 1995
Milwaukee Bucks Wesley Edens, Jimmy and Dee Haslam (25%) [37] Milwaukee Bucks, Inc.3,500 [37] 2014
Minnesota Timberwolves Glen Taylor Minnesota Timberwolves Basketball Limited Partnership88.5 [38] [39] 1995
New Orleans Pelicans Gayle Benson New Orleans Pelicans NBA Limited Partnership338 [40] [41] 2012
New York Knicks James Dolan The Madison Square Garden Company, New York Knicks, Inc.300 [42] 1997
Oklahoma City Thunder Clay Bennett Professional Basketball Club LLC 325 [43] 2006
Orlando Magic Dan DeVos RDV Sports, Inc., Orlando Magic, Ltd.85 [44] 1991
Philadelphia 76ers Josh Harris and David Blitzer Harris Blitzer Sports & Entertainment 287 [45] [46] 2011
Phoenix Suns Mat Ishbia and Justin Ishbia (57%), four minority shareholders, including Jahm Najafi [47] Mat Ishbia (alternate: Justin Ishbia) [47] Unknown4,000 [47] 2023
Portland Trail Blazers Jody Allen Vulcan Inc., Trail Blazers, Inc.70 [48] 1988
Sacramento Kings Vivek Ranadivé, [49] Paul E. Jacobs, Gary E. Jacobs, Hal Jacobs, Jeffrey A. Jacobs, [50] Sacramento Kings Partnership Group (operating entity yet to be named)534 [51] [52] 2013
San Antonio Spurs Peter J. Holt Spurs Sports & Entertainment, San Antonio Spurs LLC76 [53] 1993
Toronto Raptors Larry Tanenbaum, Rogers Communications, BCE Maple Leaf Sports & Entertainment, Toronto Raptors Basketball Club467 [54] 1998
Utah Jazz 80%: Ryan Smith, Ashley Smith, Ryan Sweeney, Mike Cannon-Brookes; <20%: Miller Family; >1% Dwyane Wade [55] [56] Ryan Smith [57] Jazz Basketball Investors, Inc.1,660 [58] [57] 2021
Washington Wizards Ted Leonsis Monumental Sports & Entertainment 551 [59] [60] 2010

See also

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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. ↑ "Atlanta Hawks Sold to Tony Ressler and Grant Hill". Bleacher Report .
  4. ↑ "Group Led By Tony Ressler Completes Purchase of Atlanta Hawks". NBA. 2015-06-25. Retrieved 31 May 2024.
  5. ↑ "Atlanta Hawks on the Forbes NBA Team Valuations List". Forbes .
  6. ↑ "Ares's Ressler to Buy NBA's Atlanta Hawks for $730 Million". Bloomberg.com. 22 April 2015.
  7. ↑ Rivera, Gio (2024-02-29). "Wyc Grousbeck Explains How NBA-Best Celtics Came To Be In Offseason". NESN . Retrieved 31 May 2024.
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  9. ↑ "Joe Tsai". NBA . Retrieved 30 June 2024.
  10. ↑ "Brooklyn Nets sale nearly complete, will be worth about $2.35 billion". USA Today .
  11. ↑ "Hornets sale from Michael Jordan to Gabe Plotkin, Rick Schnall finalized". ESPN . 2023-08-03. Retrieved 10 June 2024.
  12. ↑ Maloney, Jack. "Hornets sale approved: Michael Jordan's 13-year run as NBA team owner ends, per report". CBS Sports. Retrieved 29 July 2023.
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  14. ↑ "Cleveland Cavaliers on the Forbes NBA Team Valuations List". Forbes .
  15. ↑ "ESPN's Stephen A. Smith says Dan Gilbert wants to sell the Cleveland Cavaliers".
  16. 1 2 "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.
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  18. ↑ "Investigative Report Alleges Decades of Misconduct Inside Dallas Mavericks Front Office". NBCDFW . 2018-09-19. Retrieved 31 May 2024.
  19. ↑ "Denver Nuggets on the Forbes NBA Team Valuations List". Forbes .
  20. ↑ "Detroit Pistons on the Forbes NBA Team Valuations List". Forbes .
  21. ↑ "Report: Tom Gores Bought Pistons for $325 Million". 3 June 2011.
  22. ↑ "Magic reveals he turned down chance to buy stake in Warriors". NBC Bay Area. 2022-10-25. Retrieved 10 June 2024.
  23. ↑ "Arctos More Than Doubles Warriors Ownership Stake to 13%". Sportico. 2021-12-23. Retrieved 10 June 2024.
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  25. ↑ "Houston Rockets on the Forbes NBA Team Valuations List". Forbes .
  26. ↑ "Indiana Pacers on the Forbes NBA Team Valuations List". Forbes .
  27. ↑ "Doyel: Pacers owner Herb Simon reveals succession plan, team's future in Indy".
  28. ↑ ESPN.com (August 12, 2014). "Steve Ballmer new Clippers owner". ESPN.com. Retrieved August 12, 2014.
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  30. ↑ Markazi, Arash (February 18, 2013). "Buss family won't sell Lakers". ESPN.com. Archived from the original on February 19, 2013.
  31. ↑ "Los Angeles Lakers Governor Jeanie Buss on the time she was a (temporary) Warriors fan". Yahoo Sports. 2023-09-24. Retrieved 10 June 2024.
  32. ↑ "Los Angeles Lakers on the Forbes NBA Team Valuations List". Forbes .
  33. ↑ "Memphis Grizzlies on the Forbes NBA Team Valuations List". Forbes .
  34. ↑ "Tech magnate Pera will buy Memphis Grizzlies". 11 June 2012.
  35. ↑ "Nick Arison climbs ladder, named Heat CEO". 22 July 2011.
  36. ↑ "A Look at the Finances Behind the Miami Heat's Success | HeatHoops". 26 June 2013.
  37. 1 2 Bontemps, Tim (2023-02-27). "Sources: Lasry agrees to sell his stake in Bucks to Haslams". ESPN. Retrieved 10 June 2024.
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  39. ↑ "Kevin Garnett Leading Group 'Seriously Interested' in Buying T-Wolves". Bleacher Report .
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  41. ↑ "Saints owner agrees to purchase Hornets". 13 April 2012.
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  43. ↑ "Oklahoma City Thunder on the Forbes NBA Team Valuations List". Forbes .
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  45. ↑ "Philadelphia 76ers on the Forbes NBA Team Valuations List". Forbes .
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  47. 1 2 3 Holmes, Baxter (2023-02-06). "NBA board of governors approves sale of Suns, Mercury to Mat Ishbia". ESPN . Retrieved 30 June 2024.
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  49. ↑ "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.
  50. ↑ San Diego Tribune: "Jacobs Brothers Finally Getting in the Hoops Business" by Kevin Acee March 30, 2013
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  52. ↑ "Maloofs complete sale of Kings to Vivek Ranadive group at record valuation".
  53. ↑ "San Antonio Spurs on the Forbes NBA Team Valuations List". Forbes .
  54. ↑ "Toronto Raptors on the Forbes NBA Team Valuations List". Forbes .
  55. ↑ Walden, Eric (2022-08-24). "Miller family sells some of its remaining shares in the Utah Jazz". Salt Lake Tribune . Retrieved 15 June 2024.
  56. ↑ "D-Wade leaps into ownership with stake in Jazz". 16 April 2021.
  57. 1 2 Cohen, Ben (28 October 2020). "Utah Jazz Sold to Qualtrics Founder Ryan Smith for $1.66 Billion". Wall Street Journal.
  58. ↑ "Utah Jazz on the Forbes NBA Team Valuations List". Forbes .
  59. ↑ "Washington Wizards on the Forbes NBA Team Valuations List". Forbes .
  60. ↑ "Capitals owner closes in on purchase of Wizards". 27 April 2010.
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