List of NBA team owners

Last updated

This article is a list of principal owners of National Basketball Association teams:

FranchisePrincipal owner(s)Operating entitiesPurchase price (US$ millions)Owned since
Atlanta Hawks Flag of the United States.svg Tony Ressler, Grant Hill, [1] Steven Price, Rick Schnall, Sara Blakely, Jesse Itzler Hawks Basketball, Inc.730 [2] [3] 2015
Boston Celtics Flag of the United States.svg Wyc Grousbeck, Stephen Pagliuca, H. Irving Grousbeck, David Bonderman, Jim Breyer, James Pallotta, Glenn Hutchins, Jonathan Lavine Boston Basketball Partners 360 [4] 2002
Brooklyn Nets Flag of the Republic of China.svg / Flag of Canada (Pantone).svg Joseph Tsai J Tsai Sports2,350 [5] 2019
Charlotte Hornets Flag of the United States.svg Gabe Plotkin, Flag of the United States.svg Rick Schnall 3,000 [6] 2023
Chicago Bulls Flag of the United States.svg Jerry Reinsdorf Chicago Professional Sports Limited Partnership16.2 [7] 1985
Cleveland Cavaliers Flag of the United States.svg Dan Gilbert Cavaliers Entertainment LLC375 [8] [9] 2005
Dallas Mavericks Flag of the United States.svg / Flag of Israel.svg Miriam Adelson and Flag of the United States.svg Patrick Dumont (69%), Flag of the United States.svg Mark Cuban (27%), Flag of the United States.svg Mary Stanton (4%) [10] 3,800 to 3,900 [10] 2023
Denver Nuggets Flag of the United States.svg Ann Walton Kroenke Kroenke Sports & Entertainment, Denver Nuggets Limited Partnership202 [11] 2000
Detroit Pistons Flag of the United States.svg Tom Gores Palace Sports & Entertainment, Detroit Pistons Basketball Company325 [12] [13] 2011
Golden State Warriors Flag of the United States.svg Joe Lacob (majority), Flag of the United States.svg Peter Guber GSW Sports LLC450 [14] 2010
Houston Rockets Flag of the United States.svg Tilman Fertitta Fertitta Entertainment2,200 [15] 2017
Indiana Pacers Flag of the United States.svg Herbert Simon Pacers Sports & Entertainment, Pacers Basketball, LLC10.5 [16] [17] 1983
Los Angeles Clippers Flag of the United States.svg Steve Ballmer [18] LAC Basketball Club, Inc.2,000 [19] 2014
Los Angeles Lakers Flag of the United States.svg Jeanie Buss, Flag of the United States.svg Jim Buss and Flag of the United States.svg Johnny Buss, along with siblings in the Jerry Buss family trust. [20] The Los Angeles Lakers, Inc.20 & 268 [21] 1979 & 1998
Memphis Grizzlies Flag of the United States.svg Robert J. Pera Memphis Basketball LLC377 [22] [23] 2012
Miami Heat Flag of Israel.svg Flag of the United States.svg Micky Arison [24] Miami Heat Limited Partnership68 [25] 1995
Milwaukee Bucks Flag of the United States.svg Marc Lasry and Flag of the United States.svg Wesley Edens Milwaukee Bucks, Inc.550 [26] 2014
Minnesota Timberwolves Flag of the United States.svg Glen Taylor Minnesota Timberwolves Basketball Limited Partnership88.5 [27] [28] 1995
New Orleans Pelicans Flag of the United States.svg Gayle Benson New Orleans Pelicans NBA Limited Partnership338 [29] [30] 2012
New York Knicks Flag of the United States.svg James Dolan The Madison Square Garden Company, New York Knicks, Inc.300 [31] 1997
Oklahoma City Thunder Flag of the United States.svg Clay Bennett Professional Basketball Club LLC 325 [32] 2006
Orlando Magic Flag of the United States.svg Dan DeVos RDV Sports, Inc., Orlando Magic, Ltd.85 [33] 1991
Philadelphia 76ers Flag of the United States.svg Josh Harris and David Blitzer Harris Blitzer Sports & Entertainment 287 [34] [35] 2011
Phoenix Suns Flag of the United States.svg Mat Ishbia and Justin Ishbia Unknown4,000 [36] 2023
Portland Trail Blazers Flag of the United States.svg Jody Allen Vulcan Inc., Trail Blazers, Inc.70 [37] 1988
Sacramento Kings Flag of India.svg Vivek Ranadivé, [38] Flag of the United States.svg Paul E. Jacobs, Gary E. Jacobs, Hal Jacobs, Jeffrey A. Jacobs, [39] Sacramento Kings Partnership Group (operating entity yet to be named)534 [40] [41] 2013
San Antonio Spurs Flag of the United States.svg Peter J. Holt Spurs Sports & Entertainment, San Antonio Spurs LLC76 [42] 1993
Toronto Raptors Flag of Canada (Pantone).svg Larry Tanenbaum, Rogers Communications, BCE Maple Leaf Sports & Entertainment, Toronto Raptors Basketball Club467 [43] 1998
Utah Jazz Flag of the United States.svg Ryan Smith, Ashley Smith, Ryan Sweeney, Flag of Australia (converted).svg Mike Cannon-Brookes, the Miller Family, Dwyane Wade [44] Jazz Basketball Investors, Inc.1,660 [45] [46] 2021
Washington Wizards Flag of the United States.svg Ted Leonsis Monumental Sports & Entertainment 551 [47] [48] 2010

See also

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References

General
Specific
  1. ↑ "Atlanta Hawks Sold to Tony Ressler and Grant Hill". Bleacher Report .
  2. ↑ "Atlanta Hawks on the Forbes NBA Team Valuations List". Forbes .
  3. ↑ "Ares's Ressler to Buy NBA's Atlanta Hawks for $730 Million". Bloomberg.com. 22 April 2015.
  4. ↑ "Boston Celtics on the Forbes NBA Team Valuations List". Forbes .
  5. ↑ "Brooklyn Nets sale nearly complete, will be worth about $2.35 billion". USA Today .
  6. ↑ Maloney, Jack. "Hornets sale approved: Michael Jordan's 13-year run as NBA team owner ends, per report". CBS Sports. Retrieved 29 July 2023.
  7. ↑ "Chicago Bulls on the Forbes NBA Team Valuations List". Forbes .
  8. ↑ "Cleveland Cavaliers on the Forbes NBA Team Valuations List". Forbes .
  9. ↑ "ESPN's Stephen A. Smith says Dan Gilbert wants to sell the Cleveland Cavaliers".
  10. 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.
  11. ↑ "Denver Nuggets on the Forbes NBA Team Valuations List". Forbes .
  12. ↑ "Detroit Pistons on the Forbes NBA Team Valuations List". Forbes .
  13. ↑ "Report: Tom Gores Bought Pistons for $325 Million". 3 June 2011.
  14. ↑ "Golden State Warriors on the Forbes NBA Team Valuations List". Forbes .
  15. ↑ "Houston Rockets on the Forbes NBA Team Valuations List". Forbes .
  16. ↑ "Indiana Pacers on the Forbes NBA Team Valuations List". Forbes .
  17. ↑ "Doyel: Pacers owner Herb Simon reveals succession plan, team's future in Indy".
  18. ↑ ESPN.com (August 12, 2014). "Steve Ballmer new Clippers owner". ESPN.com. Retrieved August 12, 2014.
  19. ↑ "Los Angeles Clippers on the Forbes NBA Team Valuations List". Forbes .
  20. ↑ Markazi, Arash (February 18, 2013). "Buss family won't sell Lakers". ESPN.com. Archived from the original on February 19, 2013.
  21. ↑ "Los Angeles Lakers on the Forbes NBA Team Valuations List". Forbes .
  22. ↑ "Memphis Grizzlies on the Forbes NBA Team Valuations List". Forbes .
  23. ↑ "Tech magnate Pera will buy Memphis Grizzlies". 11 June 2012.
  24. ↑ "Nick Arison climbs ladder, named Heat CEO". 22 July 2011.
  25. ↑ "A Look at the Finances Behind the Miami Heat's Success | HeatHoops". 26 June 2013.
  26. ↑ "Billionaire Marc Lasry doubled his investment in the Milwaukee Bucks—here's why he won't sell the team". CNBC . 18 July 2018.
  27. ↑ "Minnesota Timberwolves on the Forbes NBA Team Valuations List". Forbes .
  28. ↑ "Kevin Garnett Leading Group 'Seriously Interested' in Buying T-Wolves". Bleacher Report .
  29. ↑ "New Orleans Pelicans on the Forbes NBA Team Valuations List". Forbes .
  30. ↑ "Saints owner agrees to purchase Hornets". 13 April 2012.
  31. ↑ "New York Knicks on the Forbes NBA Team Valuations List". Forbes .
  32. ↑ "Oklahoma City Thunder on the Forbes NBA Team Valuations List". Forbes .
  33. ↑ "Orlando Magic on the Forbes NBA Team Valuations List". Forbes .
  34. ↑ "Philadelphia 76ers on the Forbes NBA Team Valuations List". Forbes .
  35. ↑ "How the Value of the Philadelphia 76ers Doubled in Two Years". Forbes .
  36. ↑ "NBA board of governors approves sale of Suns, Mercury to Mat Ishbia".
  37. ↑ "Portland Trail Blazers on the Forbes NBA Team Valuations List". Forbes .
  38. ↑ "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.
  39. ↑ San Diego Tribune: "Jacobs Brothers Finally Getting in the Hoops Business" by Kevin Acee March 30, 2013
  40. ↑ "Sacramento Kings on the Forbes NBA Team Valuations List". Forbes .
  41. ↑ "Maloofs complete sale of Kings to Vivek Ranadive group at record valuation".
  42. ↑ "San Antonio Spurs on the Forbes NBA Team Valuations List". Forbes .
  43. ↑ "Toronto Raptors on the Forbes NBA Team Valuations List". Forbes .
  44. ↑ "D-Wade leaps into ownership with stake in Jazz". 16 April 2021.
  45. ↑ "Utah Jazz on the Forbes NBA Team Valuations List". Forbes .
  46. ↑ Cohen, Ben (28 October 2020). "Utah Jazz Sold to Qualtrics Founder Ryan Smith for $1.66 Billion". Wall Street Journal.
  47. ↑ "Washington Wizards on the Forbes NBA Team Valuations List". Forbes .
  48. ↑ "Capitals owner closes in on purchase of Wizards". 27 April 2010.
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