J. Cole now partly owns Charlotte Hornets after Michael Jordan sesll his majority stakes


Cole was part of Buyer Group that purchased Jordan's shares

officially owns shares at Charlotte Hornets. Per a press release from Hornets, Cole joined The Buyer Group that includes Gabe Plotkin, Rick Schnall and country singer Eric Church to purchase Michael Jordan's majority shares worth $3B.

Jordan bought Hornet shares in 2010 for $275M and became the first NBA owner. ESPN reports that the Chicago Bulls legend will still own minority shares until the Board of Governor's approval and the deal is completed.

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