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 from each team. Toronto Raptors owner Larry Tanenbaum has been Chairman of the NBA Board of Governors since 2017.
FranchiseOwnerGovernorOperating entityEnterprise Valuation Year became principal owner
Atlanta HawksMajority owner
Tony Ressler
Minority owners
Grant Hill, Steven Price, Rick Schnall, Sara Blakely, Jesse Itzler, Ted Virtue, Bob Goodman; Blue Owl Capital ; Michael Gearon, Jr. and Rutherford Seydel
Tony ResslerHawks Basketball, Inc.$5.000 billion2015
Boston CelticsMajority owner
William Chisholm
Minority owners
Wyc Grousbeck, Aditya Mittal, Bruce Beal, Andrew Bialecki, Dom Ferrante, Rob Hale, Mario Ho, Ian Loring, and Sixth Street
William ChisholmBoston Basketball Partners$6.700 billion2025
Brooklyn NetsMajority owners
Joe and Clara Wu Tsai
Minority owners
Julia, David Jr., Mary Julia, and John Koch
Joe TsaiBSE Global$5.600 billion2019
Charlotte HornetsMajority owners
Gabe Plotkin, Rick Schnall
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
Hornets Sports & Entertainment$3.800 billion2023
Chicago BullsMajority owner
Jerry Reinsdorf
Minority owners
Lester Crown and Lamar Hunt's estate
Jerry ReinsdorfChicago Professional Sports Limited Partnership$6.000 billion1985
Cleveland CavaliersDan GilbertCavaliers Entertainment LLC$4.800 billion2005
Dallas MavericksMiriam Adelson, Sivan Dumont, and Patrick Dumont, Mark Cuban, Mary Stanton Patrick DumontDallas Basketball Limited$5.100 billion2023
Denver NuggetsAnn Walton KroenkeKroenke Sports & Entertainment, Denver Nuggets Limited Partnership$4.600 billion2000
Detroit PistonsTom GoresPalace Sports & Entertainment, Detroit Pistons Basketball Company$3.650 billion2011
Golden State WarriorsJoe Lacob, Peter Guber, Arctos Partners Joe LacobGSW Sports LLC$11.000 billion2010
Houston RocketsTilman FertittaFertitta Entertainment$5.900 billion2017
Indiana PacersHerbert Simon, Steven Rales Pacers Sports & Entertainment, Pacers Basketball, LLC$4.200 billion1983
Los Angeles ClippersSteve Ballmer Dennis J. Wong Steve BallmerLAC Basketball Club, Inc.$7.500 billion2014
Los Angeles LakersMajority owner
Mark Walter
Minority owners
Jerry Buss Family Trusts, Todd Boehly, Edward P. Roski, and Patrick Soon-Shiong
Jeanie BussThe Los Angeles Lakers, Inc.$10.000 billion2025
Memphis GrizzliesRobert J. PeraMemphis Basketball LLC$3.500 billion2012
Miami HeatMicky Arison ; Julio Iglesias, Raanan Katz, Robert Sturges, and Amancio Suarez Micky ArisonMiami Heat Limited Partnership$3.600 billion1995
Milwaukee BucksWesley Edens, Jimmy and Dee Haslam Milwaukee Bucks, Inc.$4.300 billion2014
Minnesota TimberwolvesAlex Rodriguez and Marc LoreMinnesota Timberwolves Basketball Limited Partnership$3.600 billion1995
New Orleans PelicansGayle BensonNew Orleans Pelicans NBA Limited Partnership$3.550 billion2012
New York KnicksJames DolanThe Madison Square Garden Company, New York Knicks, Inc.$9.750 billion1997
Oklahoma City ThunderClay BennettProfessional Basketball Club LLC$4.350 billion2006
Orlando MagicDan DeVosRDV Sports, Inc., Orlando Magic, Ltd.$3.900 billion1991
Philadelphia 76ersJosh Harris and David BlitzerHarris Blitzer Sports & Entertainment$5.450 billion2011
Phoenix SunsMat Ishbia and Justin Ishbia, four minority shareholders, including Jahm NajafiMat Ishbia Unknown$5.425 billion2023
Portland Trail BlazersJody AllenVulcan Inc., Trail Blazers, Inc.$4.250 billion1988
Sacramento KingsVivek Ranadivé, Paul E. Jacobs, Gary E. Jacobs, Hal Jacobs, Jeffrey A. Jacobs,Sacramento Kings Partnership Group
$4.450 billion2013
San Antonio SpursPeter J. HoltSpurs Sports & Entertainment, San Antonio Spurs LLC$4.400 billion1993
Toronto RaptorsRogers Communications, Larry Tanenbaum TanenbaumMaple Leaf Sports & Entertainment, Toronto Raptors Basketball Club$5.400 billion1998
Utah Jazz80%: Ryan Smith, Ashley Smith, Ryan Sweeney, Mike Cannon-Brookes; <20%: Miller Family; >1% Dwyane WadeRyan SmithJazz Basketball Investors, Inc.$4.100 billion2021
Washington WizardsTed Leonsis Ted LeonsisMonumental Sports & Entertainment$4.700 billion2010