Find out who owns the Orlando Magic, the owner's net worth, the source of wealth and the ownership history of the franchise.
The Orlando Magic are a household franchise based in Orlando, Florida, and are part of the Eastern Conference Southeast Division.
Who owns the Orlando Magic?
The Orlando Magic is owned by RDV Sports, Inc., a holding company founded by the DeVos family.
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Club Net Worth & Valuation
According to figures from Forbes, the Orlando Magic is valued at $3.2 billion.
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Club Ownership History
The Orlando Magic franchise was founded in 1989 as an expansion franchise in the NBA.