Being a team owner of any sports franchise comes with varying degrees of personal responsibility. Some owners are more involved in the day-to-day operations of the team than others.
As part of the front office, owners are expected to play a role in the franchise's operation. Someone has to outrank positions like general manager to keep them in check.
That also means sharing the blame when things don't work out. When a team owner lets their personal opinion outweigh the recommendations of experienced staff and leaders, things can go really wrong. Welcome to the core of Sacramento's problem.