Team: Atlanta Braves / Atlanta Hawks
Years of Ownership: Braves: 1976-1996 Hawks: 1976-2004
Championships Won and Playoff Appearances: Braves: One championship / Six playoff appearances; Hawks: Zero championships / 18 playoff appearances

All media magnates should own teams because it's a well-known fact that people watch a lot of sports. Ted Turner knew this and capitalized with his acquisition of the Atlanta Braves and the Atlanta Hawks. A combined 24 playoff appearances and one ring, we'd say Turner did okay for himself. Like all good things though, the dream came to an end when he sold his assets of Turner Broadcasting to Time Warner, including the um, Braves. Always good to hear as a fan that your team is an asset that can be dealt as quickly as a hand of cards, oh well, one percent, one percent.