List of NBA team owners
From Wikipedia, the free encyclopedia
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 (USD)[3] | Year became principal owner(s) |
|---|---|---|---|---|---|
| Atlanta Hawks | Majority owner Tony Ressler (50%)[4][5] Minority owners Grant Hill, Steven Price, Rick Schnall, Sara Blakely, Jesse Itzler, Ted Virtue, Bob Goodman; Blue Owl Capital (6%);[6] Michael Gearon, Jr. and Rutherford Seydel (1% combined)[5] |
Tony Ressler[4] | Hawks Basketball, Inc. | $5.000 billion | 2015 |
| Boston Celtics | Majority owner William Chisholm (51%)[7][8] Minority owners Wyc Grousbeck (49%), Aditya Mittal, Bruce Beal, Andrew Bialecki, Dom Ferrante, Rob Hale, Mario Ho, Ian Loring, and Sixth Street |
William Chisholm[7] | Boston Basketball Partners | $6.700 billion | 2025 |
| Brooklyn Nets | Majority owners Joe and Clara Wu Tsai (85%)[9] Minority owners Julia, David Jr., Mary Julia, and John Koch (15%)[10][11] |
Joe Tsai[9] | BSE Global[10] | $5.600 billion | 2019 |
| Charlotte Hornets | Majority owners Gabe Plotkin, Rick Schnall[12] Minority owners Michael Jordan, J. Cole, Eric Church, Chris Shumway, Dan Sundheim, Ian Loring, Andrew Schwartzberg, Dyal HomeCourt Partners, Amy Levine Dawson, and Damian Mills |
Rick Schnall (rotates with Plotkin every 5 years)[12] |
Hornets Sports & Entertainment | $3.800 billion | 2023 |
| Chicago Bulls | Majority owner Jerry Reinsdorf (63%)[13][14] Minority owners Lester Crown and Lamar Hunt's estate |
Jerry Reinsdorf[13] | Chicago Professional Sports Limited Partnership | $6.000 billion | 1985 |
| Cleveland Cavaliers | Dan Gilbert | Cavaliers Entertainment LLC | $4.800 billion | 2005 | |
| Dallas Mavericks | Miriam Adelson, Sivan Ochshorn, and Patrick Dumont (69%), Mark Cuban (27%), Mary Stanton (4%)[15] | Patrick Dumont[16] | Dallas Basketball Limited[17] | $5.100 billion | 2023 |
| Denver Nuggets | Ann Walton Kroenke | Kroenke Sports & Entertainment, Denver Nuggets Limited Partnership | $4.600 billion | 2000 | |
| Detroit Pistons | Tom Gores | Palace Sports & Entertainment, Detroit Pistons Basketball Company | $3.650 billion | 2011 | |
| Golden State Warriors | Joe Lacob (25%),[18] Peter Guber, Arctos Partners (13%)[19] | Joe Lacob[20] | GSW Sports LLC | $11.000 billion | 2010 |
| Houston Rockets | Tilman Fertitta | Fertitta Entertainment | $5.900 billion | 2017 | |
| Indiana Pacers | Herbert Simon (80%), Steven Rales (20%)[21] | Pacers Sports & Entertainment, Pacers Basketball, LLC | $4.200 billion | 1983 | |
| Los Angeles Clippers | Steve Ballmer (99%) Dennis J. Wong (1%) [22][23] | Steve Ballmer[22] | LAC Basketball Club, Inc. | $7.500 billion | 2014 |
| Los Angeles Lakers | Majority owner Mark Walter[24][25] Minority owners Jerry Buss Family Trusts (15%), Todd Boehly, Edward P. Roski, and Patrick Soon-Shiong |
Jeanie Buss[25] | The Los Angeles Lakers, Inc. | $10.000 billion | 2025 |
| Memphis Grizzlies | Robert J. Pera | Memphis Basketball LLC | $3.500 billion | 2012 | |
| Miami Heat | Micky Arison (88%);[26] Julio Iglesias, Raanan Katz, Robert Sturges, and Amancio Suarez (12%)[27] | Micky Arison[26] | Miami Heat Limited Partnership | $3.600 billion | 1995 |
| Milwaukee Bucks | Wesley Edens, Jimmy and Dee Haslam (25%)[28] | Milwaukee Bucks, Inc. | $4.300 billion | 2014 | |
| Minnesota Timberwolves | Alex Rodriguez and Marc Lore[29] | Minnesota Timberwolves Basketball Limited Partnership | $3.600 billion | 2025 | |
| New Orleans Pelicans | Gayle Benson | New Orleans Pelicans NBA Limited Partnership | $3.550 billion | 2012 | |
| New York Knicks | James Dolan | The Madison Square Garden Company, New York Knicks, Inc. | $9.750 billion | 1997 | |
| Oklahoma City Thunder | Clay Bennett | Professional Basketball Club LLC | $4.350 billion | 2006 | |
| Orlando Magic | Dan DeVos | RDV Sports, Inc., Orlando Magic, Ltd. | $3.900 billion | 1991 | |
| Philadelphia 76ers | Josh Harris and David Blitzer | Harris Blitzer Sports & Entertainment | $5.450 billion | 2011 | |
| Phoenix Suns | Mat Ishbia and Justin Ishbia (57%), four minority shareholders, including Jahm Najafi[30] | Mat Ishbia (alternate: Justin Ishbia)[30] | Unknown | $5.425 billion | 2023 |
| Portland Trail Blazers | Tom Dundon | TBD | $4.250 billion | 2026 | |
| Sacramento Kings | Vivek Ranadivé,[31] Paul E. Jacobs, Gary E. Jacobs, Hal Jacobs, Jeffrey A. Jacobs,[32] | Sacramento Kings Partnership Group (operating entity yet to be named) |
$4.450 billion | 2013 | |
| San Antonio Spurs | Peter J. Holt | Spurs Sports & Entertainment, San Antonio Spurs LLC | $4.400 billion | 1993 | |
| Toronto Raptors | Rogers Communications (75%), Larry Tanenbaum (25%)[33] | Tanenbaum[33] | Maple Leaf Sports & Entertainment, Toronto Raptors Basketball Club | $5.400 billion | 1998 |
| Utah Jazz | 80%: Ryan Smith, Ashley Smith, Ryan Sweeney, Mike Cannon-Brookes; <20%: Miller Family; >1% Dwyane Wade[34][35] | Ryan Smith[36] | Jazz Basketball Investors, Inc. | $4.100 billion | 2021 |
| Washington Wizards | Ted Leonsis (100%)[37] | Ted Leonsis | Monumental Sports & Entertainment[37] | $4.700 billion | 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
