Michael Jordan is selling a majority stake of the Charlotte Hornets

The Drive with Tim Donnelly

Michael Jordan is selling a majority stake of the Charlotte Hornets

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Published on Jun 16, 2023, 6:13:07 PM
Total time: 00:16:49

Episode Description

 Michael Jordan has agreed to sell the majority stake of the Charlotte Hornets to a group led by Gabe Plotkin and Rick Schnall. Jordan, who has owned the Hornets since 2010, will retain a minority stake in the team. The deal leaves the NBA without any Black majority owners. Dennis Cox & Pat Welter discuss the implications of Jordan's decision and what it means for the future of the Hornets.

Also, Rapper and Fayetteville native J. Cole has become a minority owner of the Charlotte Hornets. Cole's investment could help the Hornets attract more fans and sponsors. The team is currently in the midst of a rebuild and is led by LaMelo Ball who is one of the most exciting young players in the NBA.

More about The Drive with Tim Donnelly

The Drive with Tim Donnelly airs weekdays 3-6pm on 99.9 The Fan in Raleigh, North Carolina. Clips are published every evening after the show.