Free Republic

The Charlotte Hornets organization was apparently visited by three ghosts last night. A day after receiving criticism for a skit in which a child was "given" a PlayStation 5 then had it taken away, the Hornets apologized and announced in a statement they were making things right. The child will receive the PS5, as well as a VIP experience at a future game. The Hornets' full statement: During last night's game there was an on-court skit that missed the mark. The skit included bad decision making and poor communication. Simply put, we turned the ball over and we apologize. We...

Michael Jordan has agreed to sell his majority stake in the Charlotte Hornets to a group led by Gabe Plotkin and Rick Schnall for an approximate $3 billion valuation, according to league sources. The transaction ends Jordan's 13-year run as majority owner. Schnall, a minority owner with the Atlanta Hawks, and Plotkin, a minority owner with the Hornets, will become the franchise's governors once the NBA completes its vetting and approval process. Jordan will continue to oversee basketball operations through Thursday's NBA draft and the start of free agency July 1. Once the sale is complete, Jordan will keep a...