The Orlando Magic NBA team is owned by the DeVos family.
Ownership of the Orlando Magic
The DeVos family acquired the Orlando Magic in September 1991 and has since served as the franchise's dedicated caretakers. Their ownership approach is rooted in the belief that the team ultimately belongs to the Central Florida community and its loyal fan base.
Key Aspects of the DeVos Family's Ownership
The family's tenure as owners of the Orlando Magic is characterized by several important details:
- Acquisition Date: The family took ownership of the team in September 1991.
- Ownership Philosophy: They perceive their role as being caretakers of the franchise.
- Community Focus: A fundamental principle of their ownership is the conviction that the NBA franchise truly belongs to the Central Florida community and its loyal fans.
