Charlotte Hornets Ownership Group
Wccb s longtime owner cy bahakel was a minority partner in the hornets original ownership group.
Charlotte hornets ownership group. Under jordan s ownership the team rebranded in 2014 to hornets the nickname of the original charlotte nba franchise which left for new orleans in 2002 after that team renamed itself. The charlotte observer wbtv has obtained an unhinged offensive and terribly composed email that hornets minority owner felix sabates sent to the rest of the hornets ownership group after the. Why now is a prime time for michael jordan to add wall street investors to hornets ownership group by erik spanberg managing editor charlotte business journal.
From 1988 to 1992 the hornets aired most road games and occasional home games on a network of stations in north carolina south carolina and virginia fronted by wccb in charlotte. Nba icon and charlotte hornets owner michael jordan discusses with the observer why he and jordan brand pledged 100 million over next 10 years to fight racism promote social justice spread. The hornets media guide for the 2015 16 season listed les king an executive of nelly inc as the rapper s representative in the ownership group.
No word on how much he is selling or the value of the sale. Law les king nelly owners uncategorized. Jordan will maintain his controlling stake and with that his position as the face of the team.
Charlotte hornets 25 on the forbes nba team valuations list. In the spring of 2010 johnson sold. In march 2010 jordan became the majority owner of the charlotte bobcats after four years as part of the team s ownership group and its managing member of basketball operations.
