[post_page_title]Charles Dolan & family: owner of the New York Knicks, New York Rangers ($5 billion)
Charles Dolan is a multi-billionaire who founded both HBO and Cablevision, a cable television company that serves areas around New York City. He has control over AMC Networks, MSG Networks, Newsday, and The Madison Square Garden Company.
Charles’ son, James Dolan, is the CEO of The Madison Square Garden Company, which owns the NBA’s New York Knicks as well as the NHL’s New York Rangers. The Dolan family are up there on the list with an incredible net worth of $5 billion.
[post_page_title]Ted Lerner & family: owner of Washington Nationals ($4.9 billion)[/post_page_title]
Ted Lerner is a real estate developer, and the founder of real estate company Lerner Enterprises, which he runs with his family and has developed more than 20 million square feet of real estate.
Besides real estate, he is also the owner of the Washington Nationals baseball team based in Washington, D.C. He was named by Forbes as the richest person in the state of Maryland in 2015, and has a net worth of $4.9 billion.
The goal for any basketball franchise is to build a dynasty that fans and experts will be talking about for