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Praises NBA Teams for Dropping 'Owner' Title

Common says NBA teams are RIGHT for moving away from the term "owner" -- telling TMZ Sports the title "never sat right with me."

We broke the story ... multiple NBA teams -- and even the NBA league office -- have replaced the title with words like "Managing Partner" and "Chairman" over feelings that "owner" is racially insensitive in a league where the majority of the players are black.

So, when we saw Common at Matsuhisa in L.A. on Thursday, we asked if he felt the change is a good thing .