Who owns the Breakers basketball team?

Who Owns The Breakers Basketball Team?

The New Zealand Breakers are a professional men’s basketball team based in Auckland, New Zealand. They compete in the National Basketball League (NBL) and have won the championship four times since their formation in 2003. The team is owned by a consortium of investors including the NBL, Paul and Liz Blackwell, and Mark Burton.

History Of The Breakers

The Breakers were formed in 2003 as part of the NBL’s expansion into New Zealand. The team was owned by Paul and Liz Blackwell, who were the major shareholders and invested in the team with funds from their own pocket. The Breakers were the first New Zealand-based team in the NBL, and the first professional basketball team in the country.

The Breakers’ first season was a success, as they finished with a 21-7 record and made it to the playoffs. The following year, the team won the NBL championship, and since then, they have won the title three more times (2011, 2012, and 2015).

The Ownership Group

The ownership group of the Breakers is made up of four entities: the NBL, Paul and Liz Blackwell, and Mark Burton.

NBL

The NBL is the governing body of the National Basketball League. They are responsible for the league’s administration, regulations, and management. The NBL has a 25% stake in the Breakers, making them the majority shareholder.

Paul and Liz Blackwell

Paul and Liz Blackwell are the co-founders of the Breakers. They are the original owners of the team and own a 45% stake in the team. Paul and Liz are passionate basketball fans who have been involved in the sport for many years.

Mark Burton

Mark Burton is an entrepreneur and investor who has a 30% stake in the Breakers. He is a self-made millionaire and has been involved in many successful business ventures.

What Does The Ownership Group Do?

The ownership group is responsible for the day-to-day operations of the team. They are responsible for appointing the team’s management and coaching staff, overseeing the team’s budget, and making decisions about the team’s future.

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The ownership group also makes decisions about player recruitment and retention. They are responsible for recruiting new players and making sure that the team’s roster is competitive. They also manage the team’s salary cap and make sure that the team stays within its budget.

The Breakers’ Performance

The Breakers have had a successful run since their formation in 2003. They have won the NBL championship four times, and they have made the playoffs in all but one season. The Breakers are one of the most successful teams in the NBL and they are a respected team in the league.

Future Of The Breakers

The Breakers are in a good position for the future. The ownership group has done a great job of building a competitive team and they have the resources to continue competing at a high level. The team has a strong fan base, which will help them stay competitive in the NBL for many years to come.

The Breakers’ Fan Base

The Breakers have a strong and loyal fan base. The team has a large following in New Zealand, and they have been able to attract a significant number of fans from Australia and other countries. The Breakers’ games are always well attended and the atmosphere is always electric.

The Breakers’ Sponsors

The Breakers have a number of sponsors and partners that help to fund the team. These sponsors include Air New Zealand, ANZ Bank, and Coca-Cola, among others. The sponsorship deals help to fund the team’s operations and provide additional resources for the team.

Conclusion

The New Zealand Breakers are a successful and respected team in the National Basketball League. The team is owned by a consortium of investors including the NBL, Paul and Liz Blackwell, and Mark Burton. The ownership group is responsible for the day-to-day operations of the team and they have done a great job of building a competitive team. The Breakers have a strong fan base and a number of sponsors that help to fund the team. The Breakers are in a good position for the future and they will continue to be a competitive team in the NBL for many years to come.