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Nba Ownership

All articles tagged with #nba ownership

Dundon’s Frugal Playbook Signals a New NBA Ownership Era
business1 month ago

Dundon’s Frugal Playbook Signals a New NBA Ownership Era

Portland’s new owner Tom Dundon is aggressively cutting costs—whether by skipping playoff T-shirts, not bringing Two-Way Contract players to postseason games, or reportedly lowballing a head coach’s salary—patterns that the piece argues could foreshadow a broader, profit-focused shift in NBA ownership as franchise values rise and owners seek faster returns. This creates tension around player development, coaching credibility, and the sustainability of a competitive team culture.

Michael Bloomberg Joins A-Rod and Lore in Timberwolves Ownership Bid
sports-business2 years ago

Michael Bloomberg Joins A-Rod and Lore in Timberwolves Ownership Bid

Michael Bloomberg has agreed to join Marc Lore and Alex Rodriguez's ownership group for the Minnesota Timberwolves, bringing significant financial backing to their bid for majority control. The group, which currently owns nearly 40% of the Timberwolves and WNBA's Lynx, is in arbitration with current owner Glen Taylor over a disputed $600 million transaction. Bloomberg's involvement could expedite their acquisition process, pending NBA approval.