Raymond "Ray" Owes (born December 11, 1972 in San Bernardino, California) is an American former professional basketball player. He was listed at 204 cm 102 kg. He played small forward and for the University of Arizona (1991–95), and was named first-team All-Pac-10 in 1995.
Owes played 24 games for the NBA's Golden State Warriors during the 1996-97 season, averaging 3.1 points and 2.9 rebounds per game. He also played in the Australian NBL for the Geelong Supercats and Townsville Crocodiles. While playing for Geelong, Owes was selected to the 1996 All-NBL team as a Power forward.
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