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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 a change in "controlling ownership" to be approved by the NBA Board of Governors, composed of one representative (Governor) from each team. Toronto Raptors owner Larry Tanenbaum has been Chairman of the NBA Board of Governors since 2017.
| Franchise | Owner(s) | Governor | Operating entity | Enterprise Valuation (USD) | Year became principal owner(s) | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Atlanta Hawks | Majority owner | ||||||||||||
| Tony Ressler (50%) | |||||||||||||
| Minority owners | |||||||||||||
| Grant Hill, Steven Price, Rick Schnall, Sara Blakely, Jesse Itzler, Ted Virtue, Bob Goodman; Blue Owl Capital (6%); Michael Gearon, Jr. and Rutherford Seydel (1% combined) | Tony Ressler | Hawks Basketball, Inc. | $5.000 billion | 2015 | |||||||||
| Boston Celtics | Majority owner | ||||||||||||
| William Chisholm (51%) | |||||||||||||
| Minority owners | |||||||||||||
| Wyc Grousbeck (49%), Aditya Mittal, Bruce Beal, Andrew Bialecki, Dom Ferrante, Rob Hale, Mario Ho, Ian Loring, and Sixth Street | William Chisholm | Boston Basketball Partners | $6.700 billion | 2025 | |||||||||
| Brooklyn Nets | Majority owners | ||||||||||||
| Joe and Clara Wu Tsai (85%) | |||||||||||||
| Minority owners | |||||||||||||
| Julia, David Jr., Mary Julia, and John Koch (15%) | Joe Tsai | BSE Global | $5.600 billion | 2019 | |||||||||
| Charlotte Hornets | last=Hornets PR | title=Group Led By Gabe Plotkin and Rick Schnall Finalizes Purchase Of Majority Stake In Charlotte Hornets From Michael Jordan | url=https://www.nba.com/hornets/news/group-led-by-gabe-plotkin-and-rick-schnall-finalizes-purchase-of-majority-stake-in-charlotte-hornets-from-michael-jordan | work=NBA | date=August 3, 2023 | access-date=November 8, 2025}} | |||||||
| 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) | Hornets Sports & Entertainment | $3.800 billion | 2023 | ||||||||||
| Chicago Bulls | Majority owner | ||||||||||||
| Jerry Reinsdorf (63%) | |||||||||||||
| Minority owners | |||||||||||||
| Lester Crown and Lamar Hunt's estate | Jerry Reinsdorf | Chicago Professional Sports Limited Partnership | $6.000 billion | 1985 | |||||||||
| Cleveland Cavaliers | Dan Gilbert | Cavaliers Entertainment LLC | $4.800 billion | 2005 | |||||||||
| Dallas Mavericks | date=2023-12-27 | title=Mark Cuban's sale of Dallas Mavericks unanimously approved by NBA | url=https://www.dallasnews.com/sports/mavericks/2023/12/27/mark-cuban-dallas-mavericks-sale-adelson-dumont-majority-nba/ | access-date=2024-02-05 | website=Dallas News | language=en | archive-date=February 5, 2024 | archive-url=https://web.archive.org/web/20240205205701/https://www.dallasnews.com/sports/mavericks/2023/12/27/mark-cuban-dallas-mavericks-sale-adelson-dumont-majority-nba/ | url-status=live }} | Patrick Dumont | Dallas Basketball Limited | $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%), Peter Guber, Arctos Partners (13%) | Joe Lacob | 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%) | Pacers Sports & Entertainment, Pacers Basketball, LLC | $4.200 billion | 1983 | |||||||||
| Los Angeles Clippers | title=Steve Ballmer officially owns the Los Angeles Clippers | url=https://www.dailynews.com/2014/08/12/steve-ballmer-officially-owns-the-los-angeles-clippers/ | access-date=10 February 2025 | work=Los Angeles Daily News | date=2017-08-28}} | Steve Ballmer | LAC Basketball Club, Inc. | $7.500 billion | 2014 | ||||
| Los Angeles Lakers | Majority owner | ||||||||||||
| Mark Walter | |||||||||||||
| Minority owners | |||||||||||||
| Jerry Buss Family Trusts (15%), Todd Boehly, Edward P. Roski, and Patrick Soon-Shiong | Jeanie Buss | The Los Angeles Lakers, Inc. | $10.000 billion | 2025 | |||||||||
| Memphis Grizzlies | Robert J. Pera | Memphis Basketball LLC | $3.500 billion | 2012 | |||||||||
| Miami Heat | last1=Hyatt | first1=John | title=Meet Billionaire Miami Heat Owner Micky Arison, Whose Light Touch Is Behind His NBA Team's Most Recent Finals Run | url=https://www.forbes.com/sites/johnhyatt/2023/06/01/meet-billionaire-miami-heat-owner-micky-arison-whose-light-touch-is-behind-his-nba-teams-most-recent-finals-run/ | access-date=3 February 2025 | work=Forbes | date=2023-06-01}} Julio Iglesias, Raanan Katz, Robert Sturges, and Amancio Suarez (12%) | Micky Arison | Miami Heat Limited Partnership | $3.600 billion | 1995 | ||
| Milwaukee Bucks | Wesley Edens, Jimmy and Dee Haslam (25%) | Milwaukee Bucks, Inc. | $4.300 billion | 2014 | |||||||||
| Minnesota Timberwolves | Alex Rodriguez and Marc Lore | Minnesota Timberwolves Basketball Limited Partnership | $3.600 billion | 1995 | |||||||||
| 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 | last1=Holmes | first1=Baxter | title=NBA board of governors approves sale of Suns, Mercury to Mat Ishbia | url=https://www.espn.com/nba/story/_/id/35605269/nba-board-governors-approves-sale-suns-mercury-mat-ishbia | access-date=30 June 2024 | work=ESPN | date=2023-02-06}} | Mat Ishbia (alternate: Justin Ishbia) | Unknown | $5.425 billion | 2023 | ||
| Portland Trail Blazers | Jody Allen | Vulcan Inc., Trail Blazers, Inc. | $4.250 billion | 1988 | |||||||||
| Sacramento Kings | Vivek Ranadivé, Paul E. Jacobs, Gary E. Jacobs, Hal Jacobs, Jeffrey A. Jacobs, | 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 | title=Bell sells ownership stake in Maple Leaf Sports & Entertainment; Rogers becomes majority owner | url=https://www.nytimes.com/athletic/5776356/2024/09/18/rogers-mlse-stake-bell-leafs-raptors/ | access-date=9 February 2025 | work=The Athletic | date=2024-09-18}} | Tanenbaum | Maple Leaf Sports & Entertainment, Toronto Raptors Basketball Club | $5.400 billion | 1998 | ||||
| Utah Jazz | 80%: Ryan Smith, Ashley Smith, Ryan Sweeney, Mike Cannon-Brookes; 1% Dwyane Wade | url=https://www.wsj.com/articles/utah-jazz-sold-to-qualtrics-founder-ryan-smith-for-1-66-billion-11603906806 | title = Utah Jazz Sold to Qualtrics Founder Ryan Smith for $1.66 Billion | newspaper = Wall Street Journal | date = 28 October 2020 | last1 = Cohen | first1 = Ben}} | Jazz Basketball Investors, Inc. | $4.100 billion | 2021 | |||
| Washington Wizards | title=Leonsis takes control of Wizards | url=https://www.espn.com/nba/news/story?id=5272740 | access-date=3 February 2025 | work=Associated Press | date=2010-06-10}} | Ted Leonsis | Monumental Sports & Entertainment | $4.700 billion | 2010 |
References
;General
;Specific
References
- (2014-05-23). "Sterlings plan a shift in Clippers ownership". [[LA Times]].
- (2022-09-22). "Toronto Raptors' Larry Tanenbaum reelected as chairman of NBA Board of Governors". [[NBA]].
- (2025-10-23). "The Most Valuable NBA Teams 2025". [[Forbes]] Staff.
- (2015-06-25). "Group Led By Tony Ressler Completes Purchase of Atlanta Hawks". [[NBA]].
- (2015-06-24). "Ressler takes over as Atlanta Hawks officially change ownership". [[Atlanta Journal-Constitution]].
- (2022-01-04). "Dyal's Atlanta Hawks' Stake Bolsters NBA Private Equity Boomlet". [[Sportico]].
- [[Boston Celtics]]. (August 19, 2025). "Chisholm Group Takes Control of the Boston Celtics". NBA Media Ventures, LLC..
- "Boston Celtics on the Forbes NBA Team Valuations List". [[Forbes]].
- [[Brooklyn Nets]]. (September 18, 2019). "Joe Tsai Completes Acquisition of Full Ownership of Brooklyn Nets and Barclays Center". [[NBA]].
- (2024-06-18). "Nets Parent BSE Global Valued at $6 Billion as Kochs Land 15% Stake". [[Sportico]].
- (2024-06-24). "NBA Approves Nets, Liberty Minority Stake Sale to Julia Koch". [[Sportico]].
- Hornets PR. (August 3, 2023). "Group Led By Gabe Plotkin and Rick Schnall Finalizes Purchase Of Majority Stake In Charlotte Hornets From Michael Jordan". [[NBA]].
- (February 9, 1985). "REINSDORF BUYS BULLS". [[Chicago Tribune]].
- Sakamoto, Bob. (March 13, 1985). "Kovler Bows Out As a Bull's Owner". [[Chicago Tribune]].
- (2023-12-27). "Mark Cuban's sale of Dallas Mavericks unanimously approved by NBA".
- (2024-02-12). "What to know about Mavericks governor, majority shareholder Patrick Dumont". [[Dallas Morning News]].
- (2018-09-19). "Investigative Report Alleges Decades of Misconduct Inside Dallas Mavericks Front Office". [[NBCDFW]].
- (2022-10-25). "Magic reveals he turned down chance to buy stake in Warriors". NBC Bay Area.
- (2021-12-23). "Arctos More Than Doubles Warriors Ownership Stake to 13%". Sportico.
- "Joe Lacob".
- (2023-12-01). "Steven Rales purchases 15% of Indiana Pacers from Herbert Simon, now owns 20% of the team pending NBA approval". [[Sports Illustrated]].
- (2017-08-28). "Steve Ballmer officially owns the Los Angeles Clippers". [[Los Angeles Daily News]].
- ESPN.com. (August 12, 2014). "Steve Ballmer new Clippers owner". ESPN.com.
- Charania, Shams. (2025-06-18). "Buss family to sell Lakers to Mark Walter for $10B valuation". [[ESPN]].
- Los Angeles Lakers. (2025-10-30). "Mark Walter Acquires Majority Stake in Los Angeles Lakers". [[NBA]].
- (2023-06-01). "Meet Billionaire Miami Heat Owner Micky Arison, Whose Light Touch Is Behind His NBA Team's Most Recent Finals Run". [[Forbes]].
- (1995-01-30). "ARISON FAMILY TAKES FULL CONTROL OF THE HEAT". [[Sports Business Journal]].
- (2023-02-27). "Sources: Lasry agrees to sell his stake in Bucks to Haslams". ESPN.
- "NBA Approves Sale of Minnesota Timberwolves and Lynx to Marc Lore and Alex Rodriguez". NBA Media.
- (2023-02-06). "NBA board of governors approves sale of Suns, Mercury to Mat Ishbia". [[ESPN]].
- "Maloofs complete sale of Sacramento Kings to Ranadive group - Kings/NBA - the Sacramento Bee".
- [http://www.sandiegouniontribune.com/sports/nba/sdut-Jacobs-NBA-Kings-Qualcomm-2013mar30-story.html San Diego Tribune: "Jacobs Brothers Finally Getting in the Hoops Business" by Kevin Acee] March 30, 2013
- (2024-09-18). "Bell sells ownership stake in Maple Leaf Sports & Entertainment; Rogers becomes majority owner". [[The Athletic]].
- (2022-08-24). "Miller family sells some of its remaining shares in the Utah Jazz". [[Salt Lake Tribune]].
- (16 April 2021). "D-Wade leaps into ownership with stake in Jazz".
- (28 October 2020). "Utah Jazz Sold to Qualtrics Founder Ryan Smith for $1.66 Billion". Wall Street Journal.
- (2010-06-10). "Leonsis takes control of Wizards". [[Associated Press]].
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