
Heat governor and team owner Micky Arison has been unanimously elected as the new chairman of the NBA’s Board of Governors, the league announced today (via Twitter).
Arison, one of the league’s longest-tenured team owners, will take over the chairman title from Raptors governor Larry Tanenbaum, who has been in the role since 2017. Tanenbaum has represented the Raptors’ ownership group since February 1998 but is stepping down from that position after Rogers Communications bought out his remaining 25% ownership stake in Maple Leaf Sports and Entertainment earlier this month.
In a statement, NBA commissioner Adam Silver expressed gratitude to Tanenbaum for his service and confidence in Arison moving forward.
“Micky’s long record of service on the Board, his strong relationships with his fellow team owners and his deep understanding of our game and business make him an exceptional choice to assume this important leadership role,” Silver said, per the NBA’s press release.
Arison, who was inducted into the Naismith Basketball Hall of Fame in 2025, put out his own statement conveying enthusiasm about stepping into the new role.
“I look forward to working closely in this new capacity with Adam, the league office and my fellow team governors to champion our teams and players, ensuring we continue to deliver exciting and unforgettable experiences for our fans,” Arison said.
His tenure will begin in September 2026, following the annual Board of Governors’ meeting.
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