The NBA is a machine to win constantly, so it is not really surprising to see that some of the richest individuals of the earth are also among the richest owners of the NBA in 2024.
This is why it is even more astounding to see that some of them are so reluctant to review the salary ceiling and to pay the luxury tax (yes, we look at you, Jerry Reinsdorf).
The richest owners of the NBA 2024
The purchase of an NBA team turned out to be a fairly lucrative transaction. Michael Jordan has sold for billions what he bought for millions, and with an imminent expansion, a new agreement on television rights just at the corner of the street, and the league reaching more and more corners of the earth, this will continue to be more reality over the years.
In this spirit, we will deepen the League records to let you know about the 10 richest NBA owners 2024, these owners of the NBA NTO, and inform you of the current state of their teams.
10. Herb Simon – Pacers
The Indiana Pacers were fresh out of the final of the Eastern Conference, and although some people thought they had caught many lucky breaks, the reality is that the future seems bright enough for the Rick Carlisle team. With a young movement led by Tyrese Haliburton, Bennedict Mathurin and Andrew Nembhard, this team should be very good for the years to come.
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This is excellent news for Herb Simon, a real estate tycoon of value estimated at 2.4 billion dollars. He is the founder of the Simon Property Group, who happens to be the greatest confidence of the genre in the United States, in addition to having the Pacers, he also has criticism from Kirkus and the WNBA Indiana.
9. Jimmy Haslam – Bucks
Milwaukee Bucks were backgrounds in most of their history, but they have now returned to importance. With Giannis Antetokounmpo at the helm, they are a lasting threat to get out of the East conference, as they have proven by winning a NBA championship a few seasons ago.
Their owner, Jimmy Haslam, has a net value of $ 4 billion, and he has been very involved in the sports industry for some time now. In addition to being the CEO of the Flying J Truck Stop Chain driver, it also has the MLS and Cleveland Browns Crew of the NFL.
8. Tom Gores – Pistons
It has been a long time since the Detroit pistons were a competitive team. And despite their plethora of young talents, it always seems that they are far from doing another race at the playoff series, which is why they separated with Monty Williams and decided to shake up their front office. I hope it will work for Cade Cunningham.
This is not great news for Tom Gores, which is currently 6 billion dollars. He is the founder, CEO and president of Platinum Equity, a investment capital company located in Beverley Hills. He acquired the team through his business before buying his actions to become the only owner.
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7. Antony Repel – Hawks
This is the dawn of a new era for the Atlanta Hawks. With Dejounte Murray Gone and Trae Young likely to follow her steps, the first overall choice Zaccharie Risacher will be responsible for leading this team to a new era. However, this could get worse before it improves, and they should be patient.
Also known as Tony Sentler, the owner of the Hawks made a fortune of the investment capital company. It has a net value of $ 8 billion. Repeating Ares Management and Apollo Global Management, which holds $ 800 billion combined with assets under management.
6. Tilman Fertitta – Rockets
Houston’s Rockets have clearly knew how to make the most of the assets they obtained in exchange for James Harden. Their young team looks before the calendar, and he should not have long before resuming the claims of the championship, especially if Jalen Green and Alperen Sengun continue their escape and that coach Ime Udoka continues to establish his hard competitive spirit.
It should be good with a guy like Tilman Fertitta, whose third cousins ​​had the UFC. He has an estimated net value at $ 9 billion, and he is currently CEO, owner and president of Landry’s, Inc. he bought the Rockets for a record of $ 2.2 billion.
5. Micky Arison – Heat
Although this is no longer one of the powers of the Eastern Conference, Miami’s warmth will always be a force with which it takes as long as Pat Riley and Erik Spoelstra are there. Their hard and winning culture – as well as the good weather and the city – have attracted stars free agents for years, and that should not take long before winning another star.
Unsurprisingly, the team belongs – literally – to the richest person in the great state of Florida, or at least it was for years. He owns Carnival Corporation, the largest cruise ships on earth, which gives him a net value of $ 10 billion.
4. Joseph Tsai – Nets
With hindsight, sign Kevin Durant and Kyrie Irving and exchange for James Harden was a disaster for the Brooklyn Nets, but it is a mistake that everyone would have made. At least, they finally head in the right direction by engaging in a large -scale reconstruction and recovering some of their assets.
Their owner, Joe Tsai, adopted a practical approach in part of the decision -making process. It is currently 10.5 billion dollars and is known to be Alibaba co-founder and financial director. It was also the CFO of the Alibaba group holding Limited until 2013.
3. Stan Kroenke – Nuggets
Not so long ago, few people talked about Denver Nuggets. Now, they are one of the candidates for the perennial championship in the NBA, and that had a lot to do with Nikola Jokic and Jamal Murray, but also with the way the Kroenke family allowed the front office to do their job and be patient with coach Mike Malone.
Stan Kroenke, their owner, is a sports tycoon worth $ 12 billion. His portfolio company, Kroenke Sports & Entertainment, has Arsenal FC, Los Angeles Rams from NFL, MLS Colorado Rapids and several other teams. They also have the Sofi stadium in California.
2. Dan Gilbert – Cavaliers
The Cleveland Cavaliers are not contenders in the championship since the departure of LeBron James, and that will probably not change any early. However, they should continue to be an after-season team with Donovan Mitchell at the helm, even if a second-round exit is their ceiling.
Even if this is the case, Dan Gilbert should be very good because it is worth $ 32 billion. He is the founder and CEO of Rock Financial, now called Quicken Loans. The company now operates under rocket companies, one of the largest mortgage companies on the planet.
1. Steve Ballmer – Clippers
The Clippers of Los Angeles have made great efforts to shake up the domination of the Los Angeles Lakers in the city, but in vain. Even a new ultramodern arena in Inglewood will not be sufficient to change, especially now that Paul George has left and they may not be as good as last season.
This team is owned not only by the richest among the richest owners of the NBA, but also by one of the richest people in the world. Period.
Steve Ballmer is worth $ 157 billion, mainly thanks to his 4% participation in Microsoft, the company he co -founded with Bill Gates.