List of NBA team owners
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 | 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
- Forbes list of the most valuable NBA clubs
- List of current NBA head coaches
- List of NBA team presidents
- List of NBA general managers
- List of NHL franchise owners
- List of NFL franchise owners
- List of Major League Baseball principal owners
- List of MLS team owners
- List of professional sports teams in the United States and Canada
References
- General
- "NBA Owners". HoopsHype.com. USA Today. Retrieved April 25, 2013.
- Specific
- ^ Rainey, James (2014-05-23). "Sterlings plan a shift in Clippers ownership". LA Times. Retrieved 15 June 2024.
- ^ "Toronto Raptors' Larry Tanenbaum reelected as chairman of NBA Board of Governors". NBA. 2022-09-22. Retrieved 15 June 2024.
- ^ "Atlanta Hawks Sold to Tony Ressler and Grant Hill". Bleacher Report.
- ^ "Group Led By Tony Ressler Completes Purchase of Atlanta Hawks". NBA. 2015-06-25. Retrieved 31 May 2024.
- ^ "Atlanta Hawks on the Forbes NBA Team Valuations List". Forbes.
- ^ "Ares's Ressler to Buy NBA's Atlanta Hawks for $730 Million". Bloomberg.com. 22 April 2015.
- ^ Rivera, Gio (2024-02-29). "Wyc Grousbeck Explains How NBA-Best Celtics Came To Be In Offseason". NESN. Retrieved 31 May 2024.
- ^ "Boston Celtics on the Forbes NBA Team Valuations List". Forbes.
- ^ "Brooklyn Nets sale nearly complete, will be worth about $2.35 billion". USA Today.
- ^ "Hornets sale from Michael Jordan to Gabe Plotkin, Rick Schnall finalized". ESPN. 2023-08-03. Retrieved 10 June 2024.
- ^ Maloney, Jack. "Hornets sale approved: Michael Jordan's 13-year run as NBA team owner ends, per report". CBS Sports. Retrieved 29 July 2023.
- ^ "Chicago Bulls on the Forbes NBA Team Valuations List". Forbes.
- ^ "Cleveland Cavaliers on the Forbes NBA Team Valuations List". Forbes.
- ^ "ESPN's Stephen A. Smith says Dan Gilbert wants to sell the Cleveland Cavaliers".
- ^ 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.
- ^ "What to know about Mavericks governor, majority shareholder Patrick Dumont". Dallas Morning News. 2024-02-12. Retrieved 31 May 2024.
- ^ "Investigative Report Alleges Decades of Misconduct Inside Dallas Mavericks Front Office". NBCDFW. 2018-09-19. Retrieved 31 May 2024.
- ^ "Denver Nuggets on the Forbes NBA Team Valuations List". Forbes.
- ^ "Detroit Pistons on the Forbes NBA Team Valuations List". Forbes.
- ^ "Report: Tom Gores Bought Pistons for $325 Million". 3 June 2011.
- ^ "Magic reveals he turned down chance to buy stake in Warriors". NBC Bay Area. 2022-10-25. Retrieved 10 June 2024.
- ^ "Arctos More Than Doubles Warriors Ownership Stake to 13%". Sportico. 2021-12-23. Retrieved 10 June 2024.
- ^ "Golden State Warriors on the Forbes NBA Team Valuations List". Forbes.
- ^ "Houston Rockets on the Forbes NBA Team Valuations List". Forbes.
- ^ "Indiana Pacers on the Forbes NBA Team Valuations List". Forbes.
- ^ "Doyel: Pacers owner Herb Simon reveals succession plan, team's future in Indy".
- ^ ESPN.com (August 12, 2014). "Steve Ballmer new Clippers owner". ESPN.com. Retrieved August 12, 2014.
- ^ "Los Angeles Clippers on the Forbes NBA Team Valuations List". Forbes.
- ^ Markazi, Arash (February 18, 2013). "Buss family won't sell Lakers". ESPN.com. Archived from the original on February 19, 2013.
- ^ "Los Angeles Lakers Governor Jeanie Buss on the time she was a (temporary) Warriors fan". Yahoo Sports. 2023-09-24. Retrieved 10 June 2024.
- ^ "Los Angeles Lakers on the Forbes NBA Team Valuations List". Forbes.
- ^ "Memphis Grizzlies on the Forbes NBA Team Valuations List". Forbes.
- ^ "Tech magnate Pera will buy Memphis Grizzlies". 11 June 2012.
- ^ "Nick Arison climbs ladder, named Heat CEO". 22 July 2011.
- ^ "A Look at the Finances Behind the Miami Heat's Success | HeatHoops". 26 June 2013.
- ^ a b Bontemps, Tim (2023-02-27). "Sources: Lasry agrees to sell his stake in Bucks to Haslams". ESPN. Retrieved 10 June 2024.
- ^ "Minnesota Timberwolves on the Forbes NBA Team Valuations List". Forbes.
- ^ "Kevin Garnett Leading Group 'Seriously Interested' in Buying T-Wolves". Bleacher Report.
- ^ "New Orleans Pelicans on the Forbes NBA Team Valuations List". Forbes.
- ^ "Saints owner agrees to purchase Hornets". 13 April 2012.
- ^ "New York Knicks on the Forbes NBA Team Valuations List". Forbes.
- ^ "Oklahoma City Thunder on the Forbes NBA Team Valuations List". Forbes.
- ^ "Orlando Magic on the Forbes NBA Team Valuations List". Forbes.
- ^ "Philadelphia 76ers on the Forbes NBA Team Valuations List". Forbes.
- ^ "How the Value of the Philadelphia 76ers Doubled in Two Years". Forbes.
- ^ "NBA board of governors approves sale of Suns, Mercury to Mat Ishbia".
- ^ "Portland Trail Blazers on the Forbes NBA Team Valuations List". Forbes.
- ^ "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.
- ^ San Diego Tribune: "Jacobs Brothers Finally Getting in the Hoops Business" by Kevin Acee March 30, 2013
- ^ "Sacramento Kings on the Forbes NBA Team Valuations List". Forbes.
- ^ "Maloofs complete sale of Kings to Vivek Ranadive group at record valuation".
- ^ "San Antonio Spurs on the Forbes NBA Team Valuations List". Forbes.
- ^ "Toronto Raptors on the Forbes NBA Team Valuations List". Forbes.
- ^ Walden, Eric (2022-08-24). "Miller family sells some of its remaining shares in the Utah Jazz". Salt Lake Tribune. Retrieved 15 June 2024.
- ^ "D-Wade leaps into ownership with stake in Jazz". 16 April 2021.
- ^ a b Cohen, Ben (28 October 2020). "Utah Jazz Sold to Qualtrics Founder Ryan Smith for $1.66 Billion". Wall Street Journal.
- ^ "Utah Jazz on the Forbes NBA Team Valuations List". Forbes.
- ^ "Washington Wizards on the Forbes NBA Team Valuations List". Forbes.
- ^ "Capitals owner closes in on purchase of Wizards". 27 April 2010.
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