Herb Simon Rumors

Other NBA owners on the list include the Brooklyn Nets’ Mikhail Prokhorov ($7.6B), Miami Heat owner Micky Arison ($7.1B), New York Knicks owner Charles Dolan ($5B), Dan Gilbert of the Cleveland Cavaliers ($4.9B), Orlando Magic owner Rich DeVos ($4.7B), Tom Gores from the Detroit Pistons ($3.3B), Dallas Mavericks owner Mark Cuban ($3.3B), Indiana Pacers owner Herb Simon ($2.8B), New Orleans Pelicans owner Tom Benson ($2.2B), Memphis Grizzlies owner Robert Pera ($2B), Glen Taylor from the Minnesota Timberwolves ($1.8B), Milwaukee Bucks owner Marc Lasry ($1.7B), Houston Rockets owner Les Alexander ($1.5B), Utah Jazz owner Gail Miller ($1.4B), Chicago Bulls owner Jerry Reinsdorf ($1.3B), former Bulls player and Charlotte Hornets owner Michael Jordan ($1.1B) and Atlanta Hawks owner Tony Ressler ($1.1B).
Pacers owner Herb Simon is asking a court to declare that neither his late brother’s estate nor his brother’s widow has any financial stake in the team. The Indianapolis Star learned about the request in an unusual way. It came to light because a court document filed by Bren Simon, widow of Melvin Simon, contained visible words that were meant to have been redacted. Herb Simon is asking the court to keep the documents, filed last month in Hamilton Superior Court, under seal. He argues that public viewing would create “significant risk of substantial harm” to people who signed a confidential settlement in 2012 pertaining to Melvin Simon’s estate. The brothers, who became billionaires from owning shopping malls, bought the Pacers in 1983. Melvin Simon died in 2009.