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List of NBA team owners

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

The NBA requires an change in "controlling ownership" to be approved by the NBA Board of Governors, composed of one representative 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 Joseph Tsai J Tsai Sports 2,350[9] 2019
Charlotte Hornets Gabe Plotkin, Rick Schnall Rick Schnall(rotate with Plotkin every 5 years)[10] Hornets Sports & Entertainment 3,000[11] 2023
Chicago Bulls Jerry Reinsdorf Chicago Professional Sports Limited Partnership 16.2[12] 1985
Cleveland Cavaliers Dan Gilbert Cavaliers Entertainment LLC 375[13][14] 2005
Dallas Mavericks Miriam Adelson and Patrick Dumont (69%), Mark Cuban (27%), Mary Stanton (4%)[15] Patrick Dumont[16] Dallas Basketball Limited[17] 3,800 to 3,900[15] 2023
Denver Nuggets Ann Walton Kroenke Kroenke Sports & Entertainment, Denver Nuggets Limited Partnership 202[18] 2000
Detroit Pistons Tom Gores Palace Sports & Entertainment, Detroit Pistons Basketball Company 325[19][20] 2011
Golden State Warriors Joe Lacob (25%),[21] Peter Guber, Arctos Sports Partners (13%)[22] GSW Sports LLC 450[23] 2010
Houston Rockets Tilman Fertitta Fertitta Entertainment 2,200[24] 2017
Indiana Pacers Herbert Simon Pacers Sports & Entertainment, Pacers Basketball, LLC 10.5[25][26] 1983
Los Angeles Clippers Steve Ballmer[27] LAC Basketball Club, Inc. 2,000[28] 2014
Los Angeles Lakers Jeanie Buss, Jim Buss and Johnny Buss, along with siblings in the Jerry Buss family trust.[29] Jeanie Buss[30] The Los Angeles Lakers, Inc. 20 & 268[31] 1979 & 1998
Memphis Grizzlies Robert J. Pera Memphis Basketball LLC 377[32][33] 2012
Miami Heat Micky Arison[34] Miami Heat Limited Partnership 68[35] 1995
Milwaukee Bucks Wesley Edens, Jimmy and Dee Haslam (25%)[36] Milwaukee Bucks, Inc. 3,500[36] 2014
Minnesota Timberwolves Glen Taylor Minnesota Timberwolves Basketball Limited Partnership 88.5[37][38] 1995
New Orleans Pelicans Gayle Benson New Orleans Pelicans NBA Limited Partnership 338[39][40] 2012
New York Knicks James Dolan The Madison Square Garden Company, New York Knicks, Inc. 300[41] 1997
Oklahoma City Thunder Clay Bennett Professional Basketball Club LLC 325[42] 2006
Orlando Magic Dan DeVos RDV Sports, Inc., Orlando Magic, Ltd. 85[43] 1991
Philadelphia 76ers Josh Harris and David Blitzer Harris Blitzer Sports & Entertainment 287[44][45] 2011
Phoenix Suns Mat Ishbia, Justin Ishbia Unknown 4,000[46] 2023
Portland Trail Blazers Jody Allen Vulcan Inc., Trail Blazers, Inc. 70[47] 1988
Sacramento Kings Vivek Ranadivé,[48] Paul E. Jacobs, Gary E. Jacobs, Hal Jacobs, Jeffrey A. Jacobs,[49] Sacramento Kings Partnership Group (operating entity yet to be named) 534[50][51] 2013
San Antonio Spurs Peter J. Holt Spurs Sports & Entertainment, San Antonio Spurs LLC 76[52] 1993
Toronto Raptors Larry Tanenbaum, Rogers Communications, BCE Maple Leaf Sports & Entertainment, Toronto Raptors Basketball Club 467[53] 1998
Utah Jazz 80%: Ryan Smith, Ashley Smith, Ryan Sweeney, Mike Cannon-Brookes; <20%: Miller Family; >1% Dwyane Wade[54][55] Ryan Smith[56] Jazz Basketball Investors, Inc. 1,660[57][56] 2021
Washington Wizards Ted Leonsis Monumental Sports & Entertainment 551[58][59] 2010

See also[edit]

References[edit]

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. ^ "Brooklyn Nets sale nearly complete, will be worth about $2.35 billion". USA Today.
  10. ^ "Hornets sale from Michael Jordan to Gabe Plotkin, Rick Schnall finalized". ESPN. 2023-08-03. Retrieved 10 June 2024.
  11. ^ Maloney, Jack. "Hornets sale approved: Michael Jordan's 13-year run as NBA team owner ends, per report". CBS Sports. Retrieved 29 July 2023.
  12. ^ "Chicago Bulls on the Forbes NBA Team Valuations List". Forbes.
  13. ^ "Cleveland Cavaliers on the Forbes NBA Team Valuations List". Forbes.
  14. ^ "ESPN's Stephen A. Smith says Dan Gilbert wants to sell the Cleveland Cavaliers".
  15. ^ 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.
  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. ^ "Denver Nuggets on the Forbes NBA Team Valuations List". Forbes.
  19. ^ "Detroit Pistons on the Forbes NBA Team Valuations List". Forbes.
  20. ^ "Report: Tom Gores Bought Pistons for $325 Million". 3 June 2011.
  21. ^ "Magic reveals he turned down chance to buy stake in Warriors". NBC Bay Area. 2022-10-25. Retrieved 10 June 2024.
  22. ^ "Arctos More Than Doubles Warriors Ownership Stake to 13%". Sportico. 2021-12-23. Retrieved 10 June 2024.
  23. ^ "Golden State Warriors on the Forbes NBA Team Valuations List". Forbes.
  24. ^ "Houston Rockets on the Forbes NBA Team Valuations List". Forbes.
  25. ^ "Indiana Pacers on the Forbes NBA Team Valuations List". Forbes.
  26. ^ "Doyel: Pacers owner Herb Simon reveals succession plan, team's future in Indy".
  27. ^ ESPN.com (August 12, 2014). "Steve Ballmer new Clippers owner". ESPN.com. Retrieved August 12, 2014.
  28. ^ "Los Angeles Clippers on the Forbes NBA Team Valuations List". Forbes.
  29. ^ Markazi, Arash (February 18, 2013). "Buss family won't sell Lakers". ESPN.com. Archived from the original on February 19, 2013.
  30. ^ "Los Angeles Lakers Governor Jeanie Buss on the time she was a (temporary) Warriors fan". Yahoo Sports. 2023-09-24. Retrieved 10 June 2024.
  31. ^ "Los Angeles Lakers on the Forbes NBA Team Valuations List". Forbes.
  32. ^ "Memphis Grizzlies on the Forbes NBA Team Valuations List". Forbes.
  33. ^ "Tech magnate Pera will buy Memphis Grizzlies". 11 June 2012.
  34. ^ "Nick Arison climbs ladder, named Heat CEO". 22 July 2011.
  35. ^ "A Look at the Finances Behind the Miami Heat's Success | HeatHoops". 26 June 2013.
  36. ^ a b Bontemps, Tim (2023-02-27). "Sources: Lasry agrees to sell his stake in Bucks to Haslams". ESPN. Retrieved 10 June 2024.
  37. ^ "Minnesota Timberwolves on the Forbes NBA Team Valuations List". Forbes.
  38. ^ "Kevin Garnett Leading Group 'Seriously Interested' in Buying T-Wolves". Bleacher Report.
  39. ^ "New Orleans Pelicans on the Forbes NBA Team Valuations List". Forbes.
  40. ^ "Saints owner agrees to purchase Hornets". 13 April 2012.
  41. ^ "New York Knicks on the Forbes NBA Team Valuations List". Forbes.
  42. ^ "Oklahoma City Thunder on the Forbes NBA Team Valuations List". Forbes.
  43. ^ "Orlando Magic on the Forbes NBA Team Valuations List". Forbes.
  44. ^ "Philadelphia 76ers on the Forbes NBA Team Valuations List". Forbes.
  45. ^ "How the Value of the Philadelphia 76ers Doubled in Two Years". Forbes.
  46. ^ "NBA board of governors approves sale of Suns, Mercury to Mat Ishbia".
  47. ^ "Portland Trail Blazers on the Forbes NBA Team Valuations List". Forbes.
  48. ^ "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.
  49. ^ San Diego Tribune: "Jacobs Brothers Finally Getting in the Hoops Business" by Kevin Acee March 30, 2013
  50. ^ "Sacramento Kings on the Forbes NBA Team Valuations List". Forbes.
  51. ^ "Maloofs complete sale of Kings to Vivek Ranadive group at record valuation".
  52. ^ "San Antonio Spurs on the Forbes NBA Team Valuations List". Forbes.
  53. ^ "Toronto Raptors on the Forbes NBA Team Valuations List". Forbes.
  54. ^ Walden, Eric (2022-08-24). "Miller family sells some of its remaining shares in the Utah Jazz". Salt Lake Tribune. Retrieved 15 June 2024.
  55. ^ "D-Wade leaps into ownership with stake in Jazz". 16 April 2021.
  56. ^ a b Cohen, Ben (28 October 2020). "Utah Jazz Sold to Qualtrics Founder Ryan Smith for $1.66 Billion". Wall Street Journal.
  57. ^ "Utah Jazz on the Forbes NBA Team Valuations List". Forbes.
  58. ^ "Washington Wizards on the Forbes NBA Team Valuations List". Forbes.
  59. ^ "Capitals owner closes in on purchase of Wizards". 27 April 2010.
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