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List of NBA team owners

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This is the latest accepted revision, reviewed on 9 October 2024.

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 Principal owner(s) Governor Operating entity Valuation (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 Sports 2,350[10] 2019
Charlotte Hornets Gabe Plotkin, Rick Schnall Rick Schnall(rotate with Plotkin every 5 years)[11] Hornets Sports & Entertainment 3,000[12] 2023
Chicago Bulls Jerry Reinsdorf Chicago Professional Sports Limited Partnership 16.2[13] 1985
Cleveland Cavaliers Dan Gilbert Cavaliers Entertainment LLC 375[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 Partnership 202[19] 2000
Detroit Pistons Tom Gores Palace Sports & Entertainment, Detroit Pistons Basketball Company 325[20][21] 2011
Golden State Warriors Joe Lacob (25%),[22] Peter Guber, Arctos Sports Partners (13%)[23] GSW Sports LLC 450[24] 2010
Houston Rockets Tilman Fertitta Fertitta Entertainment 2,200[25] 2017
Indiana Pacers Herbert Simon Pacers Sports & Entertainment, Pacers Basketball, LLC 10.5[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 LLC 377[33][34] 2012
Miami Heat Micky Arison[35] Miami Heat Limited Partnership 68[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 Partnership 88.5[38][39] 1995
New Orleans Pelicans Gayle Benson New Orleans Pelicans NBA Limited Partnership 338[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] Unknown 4,000[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 LLC 76[53] 1993
Toronto Raptors Larry Tanenbaum, Rogers Communications, BCE Maple Leaf Sports & Entertainment, Toronto Raptors Basketball Club 467[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

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General
  • "NBA Owners". HoopsHype.com. USA Today. Retrieved April 25, 2013.
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.
  8. ^ "Boston Celtics on the Forbes NBA Team Valuations List". Forbes.
  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.
  13. ^ "Chicago Bulls on the Forbes NBA Team Valuations List". Forbes.
  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. ^ a b "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.
  17. ^ "What to know about Mavericks governor, majority shareholder Patrick Dumont". Dallas Morning News. 2024-02-12. Retrieved 31 May 2024.
  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.
  24. ^ "Golden State Warriors on the Forbes NBA Team Valuations List". Forbes.
  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.
  29. ^ "Los Angeles Clippers on the Forbes NBA Team Valuations List". Forbes.
  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. ^ a b Bontemps, Tim (2023-02-27). "Sources: Lasry agrees to sell his stake in Bucks to Haslams". ESPN. Retrieved 10 June 2024.
  38. ^ "Minnesota Timberwolves on the Forbes NBA Team Valuations List". Forbes.
  39. ^ "Kevin Garnett Leading Group 'Seriously Interested' in Buying T-Wolves". Bleacher Report.
  40. ^ "New Orleans Pelicans on the Forbes NBA Team Valuations List". Forbes.
  41. ^ "Saints owner agrees to purchase Hornets". 13 April 2012.
  42. ^ "New York Knicks on the Forbes NBA Team Valuations List". Forbes.
  43. ^ "Oklahoma City Thunder on the Forbes NBA Team Valuations List". Forbes.
  44. ^ "Orlando Magic on the Forbes NBA Team Valuations List". Forbes.
  45. ^ "Philadelphia 76ers on the Forbes NBA Team Valuations List". Forbes.
  46. ^ "How the Value of the Philadelphia 76ers Doubled in Two Years". Forbes.
  47. ^ a b c Holmes, Baxter (2023-02-06). "NBA board of governors approves sale of Suns, Mercury to Mat Ishbia". ESPN. Retrieved 30 June 2024.
  48. ^ "Portland Trail Blazers on the Forbes NBA Team Valuations List". Forbes.
  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
  51. ^ "Sacramento Kings on the Forbes NBA Team Valuations List". Forbes.
  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. ^ a b 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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