Sports ownership refers to the legal and financial control of a professional sports team or franchise. Owners can be individuals, groups, or corporations that invest in a team, providing the necessary funds for operations, player salaries, and facilities. They also have a say in major decisions, such as hiring coaches and managing team strategies. In many cases, sports owners are involved in the broader community, using their influence to promote local initiatives and engage fans. Ownership can also come with significant responsibilities, including maintaining the team's financial health and ensuring compliance with league regulations, such as those set by the National Football League or Major League Baseball.