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 (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 | Majority 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 (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 | Miriam Adelson, Sivan Dumont, 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%) | 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 | 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 | 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 | 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 | 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 | Rogers Communications (75%), Larry Tanenbaum (25%) | 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 (100%) | Ted Leonsis | Monumental Sports & Entertainment | $4.700 billion | 2010 |