Michael Jordan selling large chunk of Charlotte Hornets; won’t give up majority control

Posted Sep 15, 2019
Michael Jordan has agreed to sell a large piece of the Charlotte Hornets to two New York-based investors, a sale expected to close in the next few weeks. A source familiar with the deal said it does not involve the former NBA MVP giving up majority ownership of the NBA franchise. Jordan controls about 97 percent of Hornets equity, two sources confirmed. (Charlotte Observer)

Related: Basketball, Tar Heels in the NBA

How Seth Trimble's Absence Helped UNC Basketball
With North Carolina now sitting at 12–1 after non-conference play, what once felt like a season-damaging blow just two games in can now perhaps be...
Sun Dec 28, 2025

Inside the Mind of Caleb Wilson: Where Each Drive Starts as a Dunk
For most players, a drive to the basket begins with a calculation, an angle, a defender, and a finish. For Caleb Wilson, it usually begins...
Sun Dec 28, 2025

Bulls' Coby White getting back in shape, but will he be traded before that?
The Coby White dilemma is real. First, the Bulls guard is still trying to play catch-up in the conditioning department, getting in his first back-to-back...
Sun Dec 28, 2025

UNC Basketball's Big Three: Top performers in non-conference play
UNC Basketball is off to its best start in 17 years as it concludes its nonconference schedule with a 12-1 record and the No. 12...
Sun Dec 28, 2025