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| (NBA Commissioner Adam Silver) - Image is taken from NBA.com |
NBA (national basketball association) is one of the biggest and profitable basketball leagues in the United States.
NBA
players earn a hefty amount for playing in the season but how much do nba owners
make.
To
answer this we look into the hierarchy model followed by NBA, We will
look at top management through which NBA is managed and run the day-to-day task and company operations.
NBA also consists of 30 teams having 30 different owners and each owner are high-end individuals with some background in Real states and other business venture
Hard to gather financial information:
As NBA is a privately owned company So, its financial statement is not public but we can make suggestions based on other information available publically and make a good guess of how much NBA owners really make.
NBA owner's Financials income:
Let's first look at NBA hierarchy (Source nba.com)
| NBA owners | Position | Monthly Salary | Yearly Income |
|---|---|---|---|
| Adam Silver | Commissioner | $ 833333.33 | $10 Million |
| David Stern | Former Commissioner | $1666666.66 | $20 Million |
Other than commissioner NBA has 30 teams in total with 30 owners of individual teams. Their net income is following:
NBA Team Owners |
Teams Names |
Teams Turn over |
|
Tony Ressler |
Atlanta Hawks |
$ 199 Million |
|
H. Irving Grousbeck |
Boston Celtics |
$211 Million |
|
Wycliffe Grousbeck |
Boston Celtics |
$211 Million |
|
Steve Pagliuca |
Boston Celtics |
$211 Million |
|
Michael Jordan |
Charlotte Hornets |
$ 183 Million |
|
Jerry Reinsdorf |
Chicago Bulls |
$213 Million |
|
Dan Gilbert, Gary Gilbert, Gordon
Gund and Usher |
Cleveland Cavaliers |
$11 Million |
|
Mark Cuban |
Dallas Mavericks |
$231 Million |
|
Stan Kroenke |
Denver Nuggets |
$185 Million |
|
Tom Gores |
Detroit Pistons |
$192 Million |
|
Joseph Steven Lacob, Howard Peter
Guber |
Golden State Warriors |
$258 Million |
|
Tilman Joseph Fertitta |
Houston Rockets |
$223 Million |
|
Herbert Simon |
Indiana Pacers |
$179 Million |
|
Steve Ballmer |
Los Angeles Clippers |
$ 219 Million |
|
Jeanie Marie Buss |
Los Angeles Lakers |
$ 316 Million |
|
Robert J. Pera |
Memphis
Grizzlies |
$ 186 Million |
|
Micky Arison |
Miami Heat |
$218 Million |
|
Marc Lasry |
Milwaukee Bucks |
$212 Million |
|
Glen Taylor |
Minnesota Timberwolves |
$199 Million |
|
Gayle Marie LaJaunie Bird Benson |
New Orleans Pelicans |
$181 Million |
|
James Dolan |
New York Knicks |
$ 298 Million |
|
Clay Bennett |
Oklahoma City Thunder |
$ 183 Million |
|
Richard DeVos Sr. |
Orlando Magic |
$ 188 Million |
|
Harris Blitzer |
Philadelphia 76ers |
$ 236 Million |
|
Robert Sarver |
Phoenix Suns |
$ 206 Million |
|
Paul Allen |
Portland Trail Blazers |
$ 201 Million |
|
Vivek Ranadivé |
Sacramento Kings |
$ 192 Million |
|
Peter Holt |
San Antonio Spurs |
$ 205 Million |
|
Larry Tanenbaum |
Toronto Raptors |
$ 194 Million |
|
Gail Miller |
Utah Jazz |
$ 262 Million |
|
|
|
Average
= $205 Million |
Team Turn over source (statista.com)
The Average revenue NBA team owners make is approx. around 205 Million annually excluding arena expenses, NBA players' salaries, and other maintenance expenses.
We can say NBA top owners make around
$10 Million annually and NBA team owners make an average of around approx. $205
Million per year excluding the Player’s salary and other expenses.
Majority Revenue Generation Stream :
Majority of revenue generated by NBA is through
ticket sales, NBA player popularity attraction, advertisement revenue, and Merchandise sales.
These help the company going and owners making as
much money from these sources. Many of the basketball team owners are businessmen, real state owners and a few are former basketball top stars.
As NBA is a profitable business venture so these top high-end individuals are involved in the ownership of teams. You can see from table above that these teams make million of dollars in turnover per year.
More stars more money:
As NBA makes more stars like Michael Jordon, Stephen
curry, and Lebron James these are a few of the top NBA basketball stars we know
today.
Michael Jordon's net worth is around $1.7 billion
mentioned in Forbes. That's more than what owners of NBA are making.
These top stars are one of the reasons NBA makes huge money. You can think more of these stars will produce more money for the company and also for its owners.
Conclusion:
You can now make a good guess of how much NBA
owners be making. In numbers, it seems a lot of money but if you include all
the expenses with arena expenses, player's salaries, and others This amount
becomes less.
But still, NBA is a very profitable business and many
individuals try to bid and acquire the NBA teams to create more stars and make
money off it.
There are a lot of money going through Star power, media presentation, advertisement, sponsorships all these go-to players but also a percentage to the company and its owners.
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