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How much the team is worth: $1.5 billion. The next-richest NBA team owner knows a thing or two about basketball — none other than Michael Jordan, who earned just $90 million of his $2.1 billion ...
Basketball Fans: The Richest NBA Owners. GOBankingRates referenced Forbes’ most recent MLB, NFL and NBA team valuations, along with a variety of sources to find each team owner’s net worth ...
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 ...
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 been passed ...
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.
He is the owner of the Los Angeles Clippers of the National Basketball Association (NBA). He is a co-founder of Ballmer Group , a philanthropic investment company. [ 3 ] As of November 2024, Bloomberg Billionaires Index estimates his personal wealth at around $145 billion, making him the 10th- richest person in the world . [ 4 ]
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]
The Memphis Grizzlies were the least valuable NBA franchise at $3.06 billion, but Sportico notes that is 127% more than what the cheapest NBA team was worth four years ago.