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

Antawn Jamison is all class
Visiting professor Antawn Jamison’s smile and laughter gave away the subject of guest speaker Steve Kirschner’s story. As the longtime Carolina men’s basketball sports information...
Fri Sep 25, 2026

Video: IC Podcast - New Roles, New Expectations for UNC Basketball Veterans
UNC Basketball veterans Isaiah Denis, Jarin Stevenson and Jaydon Young met with the media Thursday, sharing their early experiences with new coach Michael Malone and...
Fri Sep 25, 2026

Michael Jordan Helps Morehouse College Open State Of The Art Multi-Media Center
Michael Jordan is known for his legendary dunks and famous Nike kicks. Now, he's also the latest celebrity philanthropist to pour into HBCUs. On Wednesday,...
Fri Sep 25, 2026

Finding the fire: Jarin Stevenson’s quiet path to being vocal leader
Jarin Stevenson is a quiet young man with a pleasant personality off the court. During Thursday’s press conference at the Smith Center, the 6-10 forward...
Fri Sep 25, 2026