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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. [1] Toronto Raptors owner Larry Tanenbaum has been Chairman of the NBA Board of Governors since 2017. [2]
With an estimated net worth of $4.3 billion, Mark Cuban is not the richest NBA owner, but he is one of the most famous and outspoken. In 1995, he co-founded Broadcast.com, an early video portal.
It takes a lot of money to own a pro sports team.
The latest ranking reported that the Golden State Warriors are the most valuable NBA franchise during the 2024-25 NBA Season, with a valuation of $8.8 billion. [1] The Warriors are the third NBA team to hold the title of most valuable franchise since the inception of Forbes' ranking during the 1991–92 NBA season , with the other two being the ...
Source [1]. According to the latest ranking from December 12, 2024: For the ninth straight year, the Dallas Cowboys are the world’s most valuable sports team, worth an estimated $10.1 billion—the first to cross the 11-figure threshold and $1.3 billion beyond their closest competition.
The richest NBA players. Basketball is one of the most followed, most-watched, and most popular sports in America and globally. Not just that, the NBA generates about $7-$10 billion in revenue ...
The NBA salary cap is the maximum dollar amount each NBA team can spend on its players for the season. However, the NBA uses a "soft" salary cap, which allow NBA teams to exceed their allotted amount in order to sign players through significant "salary exceptions". The salary cap is determined during the offseason, but is liable to change. [2]
Unless you inherited a sports team, you’ll usually need a few million dollars — or even billions of dollars — to become a professional sports team owner. But because some teams have...