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This is an accepted version of this page This is the latest accepted revision, reviewed on 10 February 2025. 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 ...
The NBA champions are up for sale. The Boston Celtics’ ownership group announced Monday that it plans to sell the team, according to a statement posted to the Celtics’ X social media account ...
The Maloofs courted Anaheim, Virginia Beach, and Seattle as potential suitors for the team. Sacramento Mayor and former NBA All-Star Kevin Johnson, with the help of local business owners and a rabid fan base, was successful in saving the franchise and persuading the NBA to force the Maloofs to sell the team to the Vivek Ranadivé group.
In December 2022, Ishbia's bid was accepted to purchase the NBA's Phoenix Suns and WNBA's Phoenix Mercury basketball teams for $4 billion, pending league approval. [12] The NBA approved the sale on February 6, 2023. [13] Cleveland Cavaliers owner Dan Gilbert, who is also the CEO of Rocket Mortgage, abstained from voting. [14]
The ownership group that controls the reigning NBA champion Boston Celtics says it intends to sell all its shares of team. In a statement released Monday, Boston Basketball Partners LLC said it ...
The Boston Celtics are going up for sale, just weeks after the team landed its 18th NBA championship. On Monday, the team's ownership group, Boston Basketball Partners LLC, released a statement ...
The sale to Clay Bennett's ownership group for $350 million [3] [4] was approved by NBA owners on October 24, 2006. [7] [8] [9] Terms of the sale required the new owners to "use good-faith best efforts" for 12 months to secure a new arena lease or venue in the Seattle metropolitan area. [10]
NBA owners will be notified of the sale in a memo Thursday, the report said. Bridgeman's addition to the ownership team makes the team valued now at $4 billion, CNBC reported. Who is Junior Bridgeman?