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 ownerTony Ressler Minority ownersGrant Hill, Steven Price, Rick Schnall, Sara Blakely, Jesse Itzler, Ted Virtue, Bob Goodman; Blue Owl Capital ; Michael Gearon, Jr. and Rutherford Seydel Tony Ressler Hawks Basketball, Inc. $5.000 billion 2015 Boston Celtics Majority ownerWilliam Chisholm Minority ownersWyc Grousbeck , 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 ownersJoe and Clara Wu Tsai Minority ownersJulia, David Jr., Mary Julia, and John Koch Joe Tsai BSE Global $5.600 billion 2019 Charlotte Hornets Majority ownersGabe Plotkin, Rick SchnallMinority ownersMichael 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 billion 2023 Chicago Bulls Majority ownerJerry Reinsdorf Minority ownersLester 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 Miriam Adelson, Sivan Ochshorn, and Patrick Dumont (69%), Mark Cuban (27%), Mary Stanton (4%) 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 Steve Ballmer (99%) Dennis J. Wong (1%) John Gibson (interim) LAC Basketball Club, Inc. $7.500 billion 2014 Los Angeles Lakers Majority ownerMark WalterMinority ownersJerry Buss Family Trusts , 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 Micky Arison (88%); 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 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 Mat Ishbia (alternate: Justin Ishbia) Unknown $5.425 billion 2023 Portland Trail Blazers Tom Dundon TBD $4.250 billion 2026 Sacramento Kings Vivek Ranadivé, Paul E. Jacobs, Gary E. Jacobs, Hal Jacobs, Jeffrey A. Jacobs,San Diego Tribune: "Jacobs Brothers Finally Getting in the Hoops Business" by Kevin Acee March 30, 2013 Sacramento Kings Partnership Group $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%) Larry 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; <20%: Miller Family; >1% Dwyane Wade Ryan Smith Jazz Basketball Investors, Inc. $4.100 billion 2021 Washington Wizards Ted Leonsis Ted Leonsis Monumental Sports & Entertainment $4.700 billion 2010
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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
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