who owns the orlando magic

The Orlando Magic are owned by the DeVos family, the billionaire family that founded Amway.

Quick Scoop: Who Owns the Orlando Magic?

• The DeVos family purchased the Orlando Magic in September 1991 for about $85 million.

• They have been the team’s long-term owners ever since, positioning themselves more as “caretakers” of the franchise for the Central Florida community.

• Dan DeVos, son of the late Amway co‑founder Richard “Rich” DeVos, serves as chairman and represents the team on the NBA Board of Governors.

Not Disney, Not the City

There’s frequent confusion that Disney or the City of Orlando might own the Magic because of the team’s proximity to Walt Disney World and various corporate partnerships.

In reality, Disney is a major marketing and sponsorship partner, but it does not own any controlling stake in the franchise.

Legacy and Forum Talk

• Richard DeVos, the Amway co‑founder, was the original family patriarch who led the purchase and shaped the early ownership culture.

• On NBA forums and Reddit, fans often point out the irony that the Magic are owned by the family behind Amway, a company widely associated with multi‑level marketing.

“It’s quite ironic that the Orlando Magic is owned by the family that established Amway…” — typical fan commentary highlighting that connection.

Recent Context (Mid‑2020s)

• The DeVos family still owns the team as of the 2025–2026 NBA seasons, with no credible reports of a sale or change in controlling ownership.

• Current leadership focuses on long‑term brand growth, global strategy, and community‑oriented messaging rather than short‑term ownership changes.

TL;DR: The Orlando Magic are owned by the DeVos family (Amway founders), not Disney or the city; Dan DeVos currently chairs the franchise and represents it at the league level.

Would you like a quick mini-timeline of Magic ownership from the team’s founding to today, or is this level of detail enough?