Michael Jordan isn't hurting for cash flow. His estimated net worth is $1.9 billion.
Then why choose now to sell a piece of the Charlotte Hornets to two hedge-fund executives from New York? As first reported by the Observer, Jordan has agreed to sell a large piece of his equity in the Hornets to Gabe Plotkin and Daniel Sundheim. It hasn't been ...Read more
MIAMI -- This wasn't Justise Winslow throwing down the gauntlet, issuing challenges to either Erik Spoelstra or Goran Dragic, making demands of the Miami Heat brain trust. This was Justise Winslow being true to himself.
"I'm looking forward to playing point guard this season," Winslow said Sunday on a sun-splashed deck of the Carnival Horizon, ...Read more
CHARLOTTE, N.C. -- Michael Jordan has agreed to sell a large piece of the Charlotte Hornets to two New York-based investors, a sale expected to close in the next few weeks that was first reported by the Observer.
A source familiar with the deal said it does not involve the former NBA Most Valuable Player giving up majority ownership of the NBA ...Read more
LEXINGTON, Ky. -- The fall recruiting period is still less than a week old, and the early signing period for high school basketball prospects is still two months away, but John Calipari isn't wasting any time.
On Saturday afternoon, the Kentucky coach landed the biggest addition yet for what is shaping up to be his next No. 1-ranked recruiting ...Read more
PHILADELPHIA -- Charles Barkley wasn't playing to the crowd when talking about how much he believes in the current 76ers. On the day that he became the eighth former Sixer to have a sculpture unveiled in his honor at the team's practice facility, Barkley let it be known that he has the highest expectations for this coming season.
"I already ...Read more
CHICAGO -- A wide-eyed visitor wandered through the Bears locker room Friday, checking out the new facilities and getting a behind-the-scenes glimpse at his favorite NFL team.
Chicago native, lifelong Bears fan and current University of Michigan basketball coach Juwan Howard was thrilled to be a guest at Halas Hall, taking advantage of an ...Read more
Draymond Green to the rescue.
The Warriors' high energy dynamo is well aware that the U.S. men's basketball team is currently going down for the count at the FIBA World Cup. Coming off back-to-back losses to France and Serbia, the U.S. team is down to its last game -- Saturday against Poland in the seventh-place tilt.
Thursday, during an ...Read more
Shaun Livingston got it right when he said upon his retirement from the NBA on Friday that "I wasn't supposed to be here."
A point guard with tremendous size, length, smarts and potential, Livingston was just coming into his own with the Clippers when he suffered a horrific knee injury on Feb. 26, 2007, later detailed in a 2016 story on ...Read more
CHARLOTTE, N.C. -- Charlotte Hornets general manager Mitch Kupchak won't let "rebuild" slip from his lips.
"Transition" is the word he prefers to describe his team's life without Kemba Walker.
But rebuild, the Hornets must. And rebuild, they will.
"If there is a master plan, it is to transition from a team built around a superstar to a team ...Read more
SACRAMENTO, Calif. -- Kings point guard De'Aaron Fox somehow attracted a little bit of the backlash after Team USA suffered consecutive losses to France and Serbia at the FIBA World Cup. One respected sports commentator went so far as to suggest USA Basketball managing director Jerry Colangelo would never allow Fox to represent the United States...Read more
LEXINGTON, Ky. -- Over the course of the summer basketball travel schedule, there were few high school players that garnered more buzz than New Jersey power forward Lance Ware.
The 6-foot-9, 215-pound prospect didn't exactly explode onto the recruiting scene. He had been a well-known player for years, hovering in the 40s and 50s of the class of...Read more
DETROIT -- Joe Johnson has agreed to a one-year deal with the Detroit Pistons, the Free Press confirmed Thursday.
The team had room to add a player because forward Michael Beasley never signed a contract with the Pistons, according to a source with knowledge of the situation. The Free Press reported in August that Beasley and the Pistons were "...Read more
MIAMI -- The Miami Heat announced Wednesday they have exercised their fourth-year team option on center Bam Adebayo.
The move locks Adebayo into a $5.1 million salary for 2020-21, after he will earn $3.5 million this coming season on the final year of his rookie-scale contract.
The commitment for 2020-21 reduces the significant amount of ...Read more
SEATTLE -- With 144 players in the WNBA, the selection of players to choose from is almost overwhelming.
But for Storm All-Star forward Natasha Howard, the choice is simple: She just wants to play as herself.
"It's going to be fun and to actually look like ourselves too, like our hair and our tattoos, especially me looking at myself too," she ...Read more
MIAMI -- The name game has caught up to the Miami Heat.
After spending the last 20 years playing along Biscayne Bay at a facility that has only carried the name of AmericanAirlines Arena, the team's home will have a new title sponsor at midseason.
With American Airlines confirming that it will not renew its naming rights, the Heat will have ...Read more
LOS ANGELES -- The National Collegiate Athletic Association warned California Gov. Gavin Newsom in a letter Wednesday that state legislation allowing college athletes to be paid for the use of their name, image and likeness would be "unconstitutional" and "harmful."
"If the bill becomes law and California's 58 NCAA schools are compelled to ...Read more
DETROIT -- Longtime Detroit sportscaster Fred McLeod died late Monday night at the age of 67, the Cleveland Cavaliers announced Tuesday.
McLeod was a fixture on Detroit television in the 1980s and '90s, where he spent 24 years working for Channel 2 and Channel 4 and more than two decades as the play-by-play announcer for the Detroit Pistons.
RALEIGH, N.C. -- Former Adidas consultant T.J. Gassnola was sentenced to a one-year term of supervised release on Tuesday in a federal court in New York for his role in the sneaker company's pay-for-play scandal, which has ensnared N.C. State's basketball program in an NCAA probe.
Gassnola cooperated as a government witness and had previously ...Read more
CHARLOTTE, N.C. -- Charlotte Hornets owner Michael Jordan has pledged a $1 million contribution to relief efforts in the Bahamas, in response to the destruction caused by Hurricane Dorian.
Jordan's pledge comes a year after he made a similar contribution in response to Hurricane Florence. Jordan, who grew up in Wilmington, pledged $2 million ...Read more
MIAMI -- By the end of last season, the question was whether 7-Eleven would be back in business for the Miami Heat, after injuries held Dion Waiters and Goran Dragic out of the lineup for extended stretches.
The drama continued with the Heat apparently attempting to trade Dragic to the Dallas Mavericks in the complex June machinations that ...Read more
- Terrence Clarke commits to Kentucky, giving John Calipari his highest-ranked recruit in years
- Justise Winslow makes Heat goal clear, 'I want to play point guard'
- Why did Michael Jordan choose now to sell a chunk of the Charlotte Hornets?
- Michael Jordan selling large chunk of Hornets, won't give up majority control
- Charles Barkley picks 76ers to win the NBA championship