I mean we can currently point to a lot examples of that in sports right now where the owner is essentially running the team.Because they're employed to run the team. If you're hired to do a job it's your job to convince the people that hired you that your professional decision is what they should go with. If the owner is running the team and the FO is just doing what they're told then they're worthless.
More times than not, the owner is going to do whatever they want to do.