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
In Memoriam: Larry Miller, Bill Chamberlain, Randy WielIt is impossible to picture them in anything but Carolina blue. A new Tar Heel basketball season begins this week, but it does so without...
Tue Nov 4, 2025Caleb Wilson flies high, stays grounded, focused on improving
In No. 25 North Carolina’s 94–54 win Monday in Chapel Hill, Caleb Wilson’s highlights came rapid-fire; his reactions never did. Asked about the rush from...
Tue Nov 4, 2025
The Smith Center at 40: The 10 Greatest Wins
Entering this season, the Smith Center has witnessed 489 wins and 90 losses, an 84 percent winning percentage. With a capacity of 21,750, still the...
Tue Nov 4, 2025
Video: Locked On Tar Heels - Luka Bogavac Freed, Caleb Wilson Is Ridiculous
North Carolina opened the 2025-26 basketball season hosting (and dominating) Central Arkansas on Monday. But the bigger news of the night is that Luka Bogavac...
Tue Nov 4, 2025