• Loading stock data...
Thursday, July 17, 2025

NBA Team Stakes Now Open to World’s Largest Funds

  • NBA owners voted to allow pensions, endowments, and sovereign wealth funds to buy minority stakes in teams.
  • The league opened the door to private equity investments in 2020.
Portland Trailblazers forward contests Los Angeles Lakers shot
Kirby Lee-USA TODAY Sports

The NBA is opening its doors to some of the world’s biggest pools of money.

League owners voted to allow sovereign wealth funds, pensions, and endowments to buy minority stakes in teams.

  • Any investment must receive approval from the league’s board of governors. 
  • The league has said that human rights and geopolitical standing will be factored into these decisions, which could affect potential investment from notable funds such as Saudi Arabia’s Public Investment Fund.
  • The league’s new rules only permit passive investments.

Public pension funds held around $21.4 trillion in 2021, while sovereign wealth funds held roughly $10.5 trillion. The NHL is reportedly likely to follow the NBA’s lead in allowing institutional investors.

Adam-Silver-NBA

NBA Tops $10B in Revenue for First Time Ever

NBA commissioner Adam Silver said the league posted a record year for…
July 14, 2022

Private Party

The NBA began allowing private equity investors to buy limited team stakes in 2020. Private equity firms may own up to 20% of a franchise, and no investment fund may own more than 30% of a team.

Arctos Sports Partners holds stakes in the Golden State Warriors, Sacramento Kings, and Harris Blitzer Sports & Entertainment, the parent company of the Philadelphia 76ers and New Jersey Devils.

Dyal HomeCourt has pieces of the Phoenix Suns, Atlanta Hawks, and the Kings.

The investments allow owners to partly cash in on rising team values without giving up control of their franchises.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Cleveland’s WNBA Team Follows Golden State’s Proven Blueprint

The franchise will play its first WNBA season in 2028.
Jul 15, 2025; Cumberland, Georgia, USA; National League designated hitter Kyle Schwarber (12) of the Philadelphia Phillies hits a home run in the swing off of after the 2025 MLB All Star Game ended in a tie at Truist Park.

MLB All-Star Game Viewership Dips Despite Historic Swing-Off

Game viewership falls 3% despite late dramatics in the unique tiebreaker.
The 153rd Open

Trump Talks Continue, but Turnberry’s Open Return Is Uncertain

Trump Turnberry is still under consideration for future Open Championships.

WNBA Attendance at Record Pace Entering All-Star Weekend

The Valkyries have sold out all 11 of their home games.

Featured Today

Jul 21, 2024; Ayrshire, SCT; Xander Schauffele celebrates with Claret Jug after winning the Open Championship golf tournament at Royal Troon.

The Boozy History and Traditions of The Open’s Claret Jug

The Open awards the world’s most famous wine decanter.
2025 PDC World Darts Championship Final - Luke Littler vs Michael Van Gerwen
July 16, 2025

A Teen Darts Prodigy Is Becoming Bigger Than the Game Itself

Luke ‘The Nuke’ Littler is cashing in on his devastatingly accurate shot.
May 31, 2025; Philadelphia, PA, USA; Sydney McLaughin-Levrone (USA) reacts before the women's 100m hurdles during the Grand Slam Track Philadelphia at Franklin Field
exclusive
July 13, 2025

Track’s New Money Is Running Into Old Problems

The sport’s big-money era has hit some speed bumps in 2025.
Bobbleheads are seen at Vintage Indy Sports, Tuesday, April 29, 2025 in Speedway. The local sports memorabilia store opened recently.
July 12, 2025

Baseball’s Bobbleheads Are the Center of the Collectibles Universe

Baseball’s most important keepsake drives long lines—and big business.
Apr 26, 2025; San Francisco, California, USA; Houston Rockets guard Fred VanVleet (5) before game three of first round for the 2024 NBA Playoffs against the Golden State Warriors at Chase Center.

Rockets Get $20 Million in Wiggle Room From New VanVleet Deal

VanVleet first signed with the Rockets in 2023.
April 20, 2025

Max Verstappen Linked to $300M Aston Martin Deal Ahead of Miami GP

Aston Martin is currently seventh in the constructors championship.
June 24, 2025

Timberwolves’ 4-Year Ownership Saga Ends As A-Rod, Lore Take Over

The unanimous approval brought a clean end to a long-disputed transaction.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Dealmaker Jeffrey Kaplan maps the evolution of sports as an asset class
March 27, 2025

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.
March 20, 2025

Maxx Crosby’s Agent: Edge Rushers Set to Dominate NFL’s Non-QB Market

Maxx Crosby just signed a three-year, $106.5 million extension.
March 4, 2025

Eagles Make Saquon Barkley NFL’s Highest-Paid Running Back Ever

Barkley is coming off a historic 2024 season with the Eagles.