The National Basketball Association (NBA) established 77 years ago on 6 June 1946, is widely considered as the most prestigious and most playable basketball league in the world. NBA fans often search for information about the league’s owners, who are known for being very encouraging. While many people believe that Adam Silver is the owner of the NBA, but he is the only commissioner in the NBA.
The text mentioned that a sports league is not just a game, but a business that generates billions of dollars for its players and members. Unlike other businesses, the league does not have a single owner, but rather multiple owners.
In this segment, Sportsunfold will provide you with all the information related to the NBA Owner’s Net Worth. To get more details about NBA Owners continue reading this segment.
Who is the Owner of the NBA?
| No. | Franchise | Principal owner(s) | Net Worth (US$ millions) |
| 1 | Atlanta Hawks | Antony Ressler | 1,020 crores USD |
| 2 | Boston Celtics | Wyc Grousbeck | $400 million |
| 3 | Brooklyn Nets | Joseph Tsai | 2,350 |
| 4 | Charlotte Hornets | Gabe Plotkin and Rick Schnall | 3,000 |
| 5 | Chicago Bulls | Jerry Reinsdorf | 16.2 |
| 6 | Cleveland Cavaliers | DAN GILBERT | 375 |
| 7 | Dallas Mavericks | Miriam Adelson and Patrick Dumont(majority ownership), Mark Cuban (minority ownership and control of basketball operations) | 280 |
| 8 | Denver Nuggets | Kroenke Sports & Entertainment | 202[ |
| 9 | Detroit Pistons | Tom Gores | 325 |
| 10 | Golden State Warriors | Joe Lacob (majority) Peter Guber | 450 |
| 11 | Houston Rockets | Tilman Fertitta | 2,200 |
| 12 | Indiana Pacers | Herb Simon | 10.5 |
| 13 | Los Angeles Clippers | Steve Ballmer | 2,000 |
| 14 | Los Angeles Lakers | Jeanie Buss | 20 & 268 |
| 15 | Memphis Grizzlies | Robert Pera | 377 |
| 16 | Miami Heat | Micky Arison | 68 |
| 17 | Milwaukee Bucks | Wes Edens and Jamie Dinan | 550 |
| 18 | Minnesota Timberwolves | Alex Rodriguez and Marc Lore | 88.5 |
| 19 | New Orleans Pelicans | Gayle Benson | 338 |
| 20 | New York Knicks | James Dolan | 300 |
| 21 | Oklahoma City Thunder | Clayton Ike Bennett | 325 |
| 22 | Orlando Magic | Dan DeVos | 85 |
| 23 | Philadelphia 76ers | Josh Harris and David Blitzer | 287 |
| 24 | Phoenix Suns | Mat Ishbia and Justin Ishbia | 4,000 |
| 25 | Portland Trail Blazers | Jody Allen | 70 |
| 26 | Sacramento Kings | Vivek Ranadivé | 534 |
| 27 | San Antonio Spurs | Peter J. Holt | 76 |
| 28 | Toronto Raptors | Larry Tanenbaum, Rogers Communications, BCE | 467 |
| 29 | Utah Jazz | Ryan Smith | 1,660 |
| 30 | Washington Wizards | Ted Leonsis | 551 |
According to various news sources, there seems to be a misunderstanding that Adam Silver is the owner of the NBA. However, this is not the case as the NBA does not have a single owner.
Some notable owners of the NBA include Michael Jordan, Mark Cuban, Steve Ballmer, and Jenny Buss. It is worth noting that Adam Silver serves as the commissioner of the National Basketball Association.
Denver Nuggets is the current champion of this league and Canada and the United States are the host countries of the National Basketball Association. As per several news sources, Ballmer Group is the owner of the most popular basketball club Los Angeles Clippers of the NBA.
NBA Owner Net Worth
NBA is the world’s most popular league consisting of 30 teams, All 30 teams also have different owners. Steve Ballmer, owner of NBA club Los Angeles Clippers, is the sixth richest person in the world.
In 2024, the estimated net worth of American business executive Steve Ballmer is around 12,140 crores USD, which includes endorsements, contracts, bonuses, and investments.
The NBA Club Denver Broncos owner Rob Walton’s net worth is around 7,690 crores USD. Walton is also widely regarded as the largest retailer in the world.
Read Also:- List of All NBA Scoring Title Winners Year By Year