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This article is a list of principal owners ofNational 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 ownerLarry 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, andSixth 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 andLamar 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 Dumont, andPatrick 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, andPatrick 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 andDee Haslam (25%)[28] | Milwaukee Bucks, Inc. | $4.300 billion | 2014 | |
| Minnesota Timberwolves | Alex Rodriguez andMarc Lore[29] | 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 andDavid Blitzer | Harris Blitzer Sports & Entertainment | $5.450 billion | 2011 | |
| Phoenix Suns | Mat Ishbia andJustin Ishbia (57%), four minority shareholders, includingJahm Najafi[30] | Mat Ishbia (alternate: Justin Ishbia)[30] | Unknown | $5.425 billion | 2023 |
| Portland Trail Blazers | Jody Allen | Vulcan Inc., Trail Blazers, Inc. | $4.250 billion | 1988 | |
| 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 |
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