Basketball News
Michael Jordan Sells Equity Stake In Hornets
SLAMonline - 15 Sep 2019 01:56
Michael Jordan, who owns the Hornets, is selling part of his club. According to a team press release, Gabe Plotkin and Daniel Sundheim have bought into the franchise as minority partners. “While I will continue to run ...
Report: NBA Proposes Harsher Tampering Consequences
SLAMonline - 15 Sep 2019 04:27
The NBA has proposed to increase the penalties for tampering and cap circumvention, Shams Charania of The Athletic reports. Tampering with players and/or team personnel would carry a maximum fine of $10 million under the...
NBA agents reject NCAA's certification proposal
ESPN - 15 Sep 2019 00:22
The NBPA sent a letter on behalf of certified player agents to the NCAA that refuses to submit to a proposed certification process to work with undergraduate players testing the NBA Draft.
Jordan to sell portion of Hornets to 2 investors
ESPN - 15 Sep 2019 03:25
Hornets owner Michael Jordan announced he is bringing in Gabe Plotkin, a founder of Melvin Capital, and Daniel Sundheim, a founder of DI Capital, as partners in the team.