More
Four of the 10 richest sports team owners are from the NBA

Four of the 10 richest sports team owners are from the NBA

In Forbes' annual list of the world's richest sports-team owners, six NBA owners cracked the list. Of the top-10 richest owners, four were from the NBA:

Steve Ballmer - Ballmer, who is the owner of the Los Angeles Clippers, comes at No. 2 on the list with a net worth of $68.7 billion. Most of Ballmer's wealth comes from his time as CEO of Microsoft.

Dan Gilbert - The 59-year-old owner of the Cleveland Cavaliers sits right behind Ballmer, at No. 3 on the list with a net worth of $51.9 billion. Gilbert is also the co-founder of StockX, where customers buy and sell shoes, clothing, and accessories.

Robert Pera - Pera is the youngest owner in the NBA right now and comes in at No. 6 on the list. At 43 years old, Pera has a net worth of $18.3 billion. Pera actually bought the Memphis Grizzlies when he was in his 30s.

Joseph Tsai - Tsai, who is No. 10 on the list, became owner of the Brooklyn Nets in 2019, but initially invested back in 2017 when he purchased 49% stake of the team. Tsai has a net worth of $11.6 billion.

This is an encouraging sign for the NBA, as the business is clearly doing well aside from the hardships that were brought along with the COVID-19 pandemic. The league hopes to bounce back from low ticket sales this season, as it has been rumored that the NBA expects arenas to be at full capacity next year.

MORE:
NBA News
Magazine Subscriptions
100% Match Bonus. Use Code BBNEWS
100% Match Bonus. Use Code BBNEWS
Latest Injuries
Grayson Allen
Foot
Allen is questionable for Monday's (Dec. 5) game against Orlando.
2022-12-05
Jimmy Butler
Knee
Butler is questionable for Monday's (Dec. 5) game against Memphis.
2022-12-05
Kenrich Williams
Knee
Williams is out for Monday's (Dec. 5) game against Atlanta.
2022-12-05
Brook Lopez
Rest
Lopez is questionable for Monday's (Dec. 5) game against Orlando.
2022-12-05
Gabe Vincent
Knee
Vincent is questionable for Monday's (Dec. 5) game against Memphis.
2022-12-05
Tyler Herro
Ankle
Herro is probable for Monday's (Dec. 5) game against Memphis.
2022-12-05
Dewayne Dedmon
Foot
Dedmon is questionable for Monday's (Dec. 5) game against Memphis.
2022-12-05
Duncan Robinson
Ankle
Robinson is probable for Monday's (Dec. 5) game against Memphis.
2022-12-05
Haywood Highsmith
Ankle
Highsmith is probable for Monday's (Dec. 5) game against Memphis.
2022-12-05
Georges Niang
Foot
Niang is questionable for Monday's (Dec. 5) game against Houston.
2022-12-05
100% Match Bonus. Use Code BBNEWS
Lingerie
Costumes
Dresses
Sexy Lingerie
Subscribe to our newsletter
SUBSCRIBE
Follow Us
Download Our App!
Stay up-to-date on all things NBA
Download the BasketballNews.com App on the App Store
Download the BasketballNews.com App on the Google Play Store
Copyright © BasketballNews.com 2020. All Rights Reserved.
NBA News & Rumors