The Richest Sports Teams Owners Know How To Spread Their Wealth

Teams | 9/6/19

Steve Ballmer and the Los Angeles Clippers had the best summer ever in 2019 when they somehow managed to land both Kawhi Leonard and Paul George on the same night. Milestones like that are what make Ballmer such a great sports owner. His $40 billion net worth probably helps too. With over 100 sports teams around the world worth at least $1 billion, you can bet the team owners are bringing in top dollar. Not everyone who sits in the owner’s suite has a billion bucks to their name. However, there’s more than a few, and we have them listed here.

Dan Gilbert – Cleveland Cavaliers

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Steve Jennings/Getty Images for TechCrunch
Steve Jennings/Getty Images for TechCrunch

Dan Gilbert is the founder of Quicken Loans and has a net worth of $6.7 billion. His name really entered the spotlight when the team he owns lost the most hyped player in NBA history, LeBron James, to the Miami Heat.

He had some words for James that we’re sure he didn’t mean, especially after James returned and brought home the franchise’s first ring. Gilbert also owns the AHL’s Cleveland Monsters and the Canton Charge who is an NBA G League team.