governingBodyOfOwnedTeam

Given a predicate that represents a relationship or action between entities, generate a one-sentence description explaining its meaning.  
# Instructions
Focus on describing the relationship, not the entities themselves. 
# Response Format
Begin the description with \' Indicates...\'

Predicate: governingBodyOfOwnedTeam

Indicates that one entity serves as the governing or managing body responsible for overseeing and controlling the operations of a team that it owns.