An "ownership group" refers to a collection of individuals or entities that collectively own a business or organization. This group can include investors, companies, or other stakeholders who share the financial responsibilities and benefits of ownership. Ownership groups are common in various sectors, including sports teams, real estate, and entertainment. In the context of professional sports, an ownership group typically manages a team, such as the Los Angeles Lakers or New York Yankees. These groups make decisions regarding the team's operations, finances, and overall strategy, often working together to enhance the team's success and profitability.