The NBA Governor vs. Owner Distinction
Under the NBA Constitution and By-Laws, teams do not formally have "owners" at the league table; each team is represented by one official Governor and up to two Alternate Governors.
- The Governor exercises the franchise's single vote on the 30-member NBA Board of Governors.
- Steve Ballmer owns 100% of the Clippers equity, yet nominated John Gibson as Interim Governor and CEO, legally delegating operational fiduciary leadership and league representation.
- The appointment requires formal vetting and majority approval by the NBA Commissioner and Board.