Michael Jordan is considering selling the Charlotte Hornets. Know more:
The six-time National Basketball Association champion is in negotiations to sell at least a portion of the franchise to a group that includes Hornets minority owner Gabe Plotkin.
Jordan declined interview requests to discuss the potential sale of the team through his spokesperson, Estee Portnoy. to Plotkin, a founder of Melvin Capital, and Daniel Sundheim of DI Capital, but Jordan still controlled the majority of the team’s equity. Jordan is the NBA’s only Black owner. He purchased the expansion team from Bob Johnson for $180 million in 2010. The team had a net worth of $1.7 billion after the 2021-22 season, according to Forbes.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Bridgerton' spin-off series 'Queen Charlotte' teases an epic love story in official trailerQueen Charlotte and King George finally gets their spotlight in the 'Bridgerton' spin-off 'Queen Charlotte.'
Read more »
Mister Fitness Supermodel World PH Michael Angelo Toledo finds his ‘Miss’ in Kristel GalangMister Fitness Supermodel World Philippines Michael Angelo Toledo has found his miss with the designation of actress and event host Kristel Galang as his female counterpart for the inaugural edition of the pageant. | diyarista
Read more »
Michael Kors welcomes the summer season with the sleek launch of spring 2023 collection in the PhilippinesMichael Kors unveils its spring-summer 2023 collection for MICHAEL Michael Kors and Michael Kors Mens in the Philippines, following its short video feature ad starring Bella Hadid, Alton Mason, and friends in Hollywood, Los Angeles. ManilaBulletin
Read more »
Zephanie's dreamy workcation in Canada makes us jealous!Kapuso singer Zephanie had a time off work to have a short vacation in Toronto, Canada. Zephanie was a guest star at Moira Dela Torre's world tour concert in Toronto, Canada, alongside TJ Monterde. During her break, Zephanie visited the Niagara Falls, which she described as one of God's 'greatest creations.' Zephanie is set to make her acting debut in 'Sparkle U,' where she will be teamed up with Michael Sager. Take a look at Zephanie's workcation in Canada in this gallery.
Read more »
La Salle routs defending champ NU, sweeps first roundDE LA SALLE University finally got one over National University, dominating its Season 84 finals tormentor, 25-10, 25-15, 25-21, to sweep the UAAP Season 85 women's volleyball tournament first round at the Mall of Asia Arena on Wednesday.
Read more »
The Speaker and the champMSGallery The Speaker and the champ Boxing champion Nonito “The Filipino Flash” Donaire Jr. pays a courtesy call on Speaker Ferdinand Martin G. Romualdez at the Speaker’s Office in the House of Representatives on Wednesday. MORE PHOTOS:
Read more »