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michael jordan selling charlotte hornets Tag

J. Cole Buys a Piece of the NBA’s Charlotte Hornets

[ad_1] J. Cole has become a minority owner in his home state NBA team, the Charlotte Hornets.J. Cole Buys Stake in the NBA's Charlotte HornetsOn Friday (June 16), the Charlotte Hornets announced that Michael Jordan has agreed to sell his majority stake in the team for a reported $3 billion."Hornets Sports & Entertainment announced today that Chairman Michael Jordan has reached an agreement to sell his majority stake in the Charlotte Hornets to a group led by Gabe Plotkin and Rick Schnall," the Hornets announced in a statement on Twitter. "As part of the transaction, Jordan will retain a minority ownership share of the team. The transaction is subject to the approval of...