[tbw2]

Or if he can solve the supposed problem by transferring the team to his family. Then he no longer owns it, but his kids and (possibly estranged) wife do.

[Lurking Libertarian]

Or if he can solve the supposed problem by transferring the team to his family. Then he no longer owns it, but his kids and (possibly estranged) wife do.

Then he'd pay gift tax on the transfer.

[tanknetter]

If the guy didn’t already have the team in a trust (and it could be that NBA rule prohibit such), he’s a dumba** and deserves any losses he incurs