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The National Basketball Association (NBA) is a professional men's basketball league, consisting of thirty teams in North America (twenty-nine in the United States and one in Canada). The NBA was founded in New York City on June 6, 1946, as the Basketball Association of America (BAA). [ 1 ]
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]
On May 11, reports indicated the Maloofs would decline to sell to any Sacramento owners, instead opting to sell 20% of the franchise to Hansen's group for $125 million as a contingency. [21] After the meeting in Dallas, Texas, the NBA owners voted 22–8 to reject the Kings' relocation to Seattle. The vote effectively ended the Hansen group's ...
FILE - The 2003 Detroit Shock WNBA basketball team poses at mid-court after being honored during halftime of an NBA basketball game between the Detroit Pistons and the Charlotte Hornets, Thursday ...
The decision ends Jordan’s 13-year run as majority owner of the franchise. He will remain on as a minority owner. Jordan agreed to sell the team on June 16. However, when an NBA owner decides to ...
(Because of a tie at No. 50 this year between the NFL’s Arizona Cardinals and the NBA’s Phoenix Suns, six new teams join the ranking while only five teams depart. The NFL, however, continues to dominate the list with 29 franchises. Besides the Buffalo Bills, the Cincinnati Bengals and the Detroit Lions are the only other NFL teams not in ...
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.
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 ...