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 | 6000 [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 | Alex Rodriguez and Marc Lore [40] | Minnesota Timberwolves Basketball Limited Partnership | $1,500 [41] | 1995 | |
New Orleans Pelicans | Gayle Benson | New Orleans Pelicans NBA Limited Partnership | 338 [42] [43] | 2012 | |
New York Knicks | James Dolan | The Madison Square Garden Company, New York Knicks, Inc. | 300 [44] | 1997 | |
Oklahoma City Thunder | Clay Bennett | Professional Basketball Club LLC | 325 [45] | 2006 | |
Orlando Magic | Dan DeVos | RDV Sports, Inc., Orlando Magic, Ltd. | 85 [46] | 1991 | |
Philadelphia 76ers | Josh Harris and David Blitzer | Harris Blitzer Sports & Entertainment | 287 [47] [48] | 2011 | |
Phoenix Suns | Mat Ishbia and Justin Ishbia (57%), four minority shareholders, including Jahm Najafi [49] | Mat Ishbia (alternate: Justin Ishbia) [49] | Unknown | 4,000 [49] | 2023 |
Portland Trail Blazers | Jody Allen | Vulcan Inc., Trail Blazers, Inc. | 70 [50] | 1988 | |
Sacramento Kings | Vivek Ranadivé, [51] Paul E. Jacobs, Gary E. Jacobs, Hal Jacobs, Jeffrey A. Jacobs, [52] | Sacramento Kings Partnership Group (operating entity yet to be named) | 534 [53] [54] | 2013 | |
San Antonio Spurs | Peter J. Holt | Spurs Sports & Entertainment, San Antonio Spurs LLC | 76 [55] | 1993 | |
Toronto Raptors | Rogers Communications (75%), Larry Tanenbaum (25%) [56] | Tanenbaum [56] | Maple Leaf Sports & Entertainment, Toronto Raptors Basketball Club | 467 [57] | 1998 |
Utah Jazz | 80%: Ryan Smith, Ashley Smith, Ryan Sweeney, Mike Cannon-Brookes; <20%: Miller Family; >1% Dwyane Wade [58] [59] | Ryan Smith [60] | Jazz Basketball Investors, Inc. | 1,660 [61] [60] | 2021 |
Washington Wizards | Ted Leonsis (100%) [62] | Ted Leonsis | Monumental Sports & Entertainment [62] | 551 [63] [64] | 2010 |