List of ALL NBA Team Owners 2023: Showcasing the Owners of the 30 Franchises and How Much They Bought Them For

Raahib Singh | 14/04/2023
List of ALL NBA Team Owners: Showcasing the Owners of the 30 Franchises and How Much They Bought Them For

The NBA is a big business. As of late, this business has been generating great revenue for their owners, with NBA franchises growing their worth every single season. However, it wasn’t always like this. After the 2008 recession and the 2011 NBA lockout, the team owners affected were looking to move on and sell their teams.

Things were bad, as around eleven teams were sold between 2010 to 2015. However, one man saw foresaw the future, and it was none other than Clippers’ owner Steve Ballmer. When he purchased the Clippers for $2 Billion, people assumed he was crazy. However, the new broadcast deal in 2015 earned the teams $28 Million extra per season.

On top of that, the teams and the league make money through television, merchandising, sponsorships, and tickets. All of this has helped the teams become very profitable. Here’s a list of the owners of the 30 NBA teams.

NBA Team Owners List:

To give you a better idea about the profitability of the NBA, I’ll include a table with the list of teams, their owners, purchase value and year, and finally, current value.

Franchise Team Owner/Owners Purchase Year Purchase Amount Current Value
Atlanta Hawks Tony Ressler, Grant Hill, Steven Price, Rick Schnall, Sara Blakely, Jesse Itzler 2015 $730 Million $2.19 Billion
Boston Celtics Wyc Grousbeck, Stephen Pagliuca, H. Irving Grousbeck, David Bonderman, Jim Breyer, James Pallotta, Glenn Hutchins, Jonathan Lavine 2002 $360 Million $3.92 Billion
Brooklyn Nets Joesph Tsai 2019 $2.35 Billion $3.86 Billion
Charlotte Hornets Michael Jordan 2010 $175 Million $1.77 Billion
Chicago Bulls Jerry Reinsdorf 1985 $16.2 Million $4.09 Billion
Cleveland Cavaliers Dan Gilbert 2005 $375 Million $1.95 Billion
Dallas Mavericks Mark Cuban 2000 $280 Million $3.26 Billion
Denver Nuggets Ann Walton Kroenke 2000 $202 Million $2.13 Billion
Detroit Pistons Tom Gores 2011 $325 Million $2.19 Billion
Golden State Warriors Joe Lacob, Peter Guber 2010 $450 Million $7.56 Billion
Houston Rockets Tilman Fertitta 2017 $2.2 Billion $3.3 Billion
Indiana Pacers Herbert Simon 1983 $10.5 Million $2.02 Billion
Los Angeles Clippers Steve Ballmer 2014 $2 Billion $3.73 Billion
Los Angeles Lakers Jeanie Buss, Jim Buss, and Johnny Buss 1979 $20 Million $6.44 Billion
Memphis Grizzlies Robert J. Pera 2012 $377 Million $1.67 Billion
Miami Heat Micky Arison, Nick Arison 1995 $68 Million $3.2 Billion
Milwaukee Bucks Marc Lasry and Wesley Edens 2014 $550 Million $2.43 Billion
Minnesota Timberwolves Glen Taylor 1995 $88.5 Million $1.7 Billion
New Orleans Pelicans Gayle Benson 2012 $338 Million $1.63 Billion
New York Knicks James Dolan 1997 $300 Million $6.58 Billion
Oklahoma City Thunder Clay Bennet 2006 $325 Million $1.75 Billion
Orlando Magic Dan DeVos 1991 $85 Million $1.91 Billion
Philadelphia 76ers Josh Harris and Davis S. Blitzer 2011 $287 Million $3.21 Billion
Phoenix Suns Mat Ishiba and Justin Ishiba 2023 $4 Billion $3 Billion
Portland Trail Blazers Jody Allen 1988 $70 Million $2.29 Billion
Sacramento Kings Vivek Ranadivé, Paul E Jacobs, Gary E Jacobs, Hal Jacobs, and Jeffrey A Jacobs 2013 $534 Million $2.32 Billion
San Antonio Spurs Peter J. Holt 1993 $76 Million $2.16 Billion
Toronto Raptors Larry Tanenbaum, Rogers Communications, BCE 1998 $647 Million $3.34 Billion
Utah Jazz Ryan Smith, Ashley Smith, Ryan Sweeney, Mike Cannon-Brookes, the Miller Family, Dwyane Wade 2021 $1.66 Billion $2.15 Billion
Washington Wizards Ted Leonsis 2010 $551 Million $2.7 Billion

As we can see, the NBA owners have profited quite a bit since purchasing their teams(except Mat Ishiba, he’s yet to see the returns).

Post Edited By: Jatin Hasija
NBA nba owners

About the author

Raahib Singh

Raahib Singh

Raahib Singh is an NBA Journalist and Content Strategist at The SportsRush. A Computer Science Engineer by qualification, Raahib's passion for sports drew him towards TSR. He started playing basketball at 14 and has been following the NBA since 2013. His entry into the basketball world perfectly coincided with Stephen Curry putting the league on notice. Having followed the league for a long time, he decided to use his knowledge to become a sportswriter with The SportsRush in 2020. Raahib loves to put up some shots in his spare time, watch Cricket, Formula 1, and/or read a nice thriller.

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