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
New Floor General Kyan Evans Steps Into UNC Basketball's Point Guard LegacyThe Smith Center had its share of storylines Monday night. Luka Bogavac's long-awaited debut, freshman phenom Caleb Wilson's jaw-dropping athleticism and a wild double-dunk attempt...
Wed Nov 5, 2025Video: Locked On Tar Heels - Kyan Evans Impresses In UNC Basketball Debut
Host Isaac Schade and coach Bill Robinson discuss Kyan Evans' dynamic UNC Basketball debut, Caleb Wilson's jaw-dropping dunks, Henri Veesaar's first career double-double, Luka Bogavac's...
Wed Nov 5, 2025
Video: IC Podcast - Touch 'Em All with Larry Keith
"Touch 'Em All: My Life and Career at Sports Illustrated" is Larry Keith's memoir about an accomplished writer and editor who began his career at...
Wed Nov 5, 2025
Video: TarHeel247 Podcast - John Henson on UNC Basketball's win over Central Arkansas
Former UNC Basketball standout and longtime NBA forward John Henson is joined by 247Sports College Basketball Writer Isaac Trotter as they break down the Tar...
Wed Nov 5, 2025