NBA Ownership Policies

NBA ownership policies govern who can own a team and how the league manages ownership structures. Owners must be approved by the NBA's Board of Governors, ensuring they have the financial capability and ethical standards to uphold the league's integrity. Additionally, owners are restricted from owning multiple teams in the same market to maintain competitive balance. Franchise sales must be transparent, and owners cannot engage in activities that threaten the league's stability. These policies aim to promote fair competition and protect the interests of the teams, players, and fans.