Michael Jordan has confirmed to CNBC that he is selling his majority ownership of the Charlotte Hornets to a group of investors led by Gabe Plotkin and Rick Schnall. Jordan will remain a minority owner after the transaction, but the deal must still be approved by a majority of league owners before it can be finalized. Jordan's decision to sell his majority stake in the Hornets is a sign of his commitment to the team's future success and his legacy will continue to be felt in the city of Charlotte.
Posts published in “Sport”
UFC fighter Conor McGregor has been accused of violently sexually assaulting and battering a woman in a Miami bathroom. The Miami Heat is conducting an investigation and McGregor's lawyer has denied the allegations. The woman is seeking damages for physical and emotional distress and has requested a response from McGregor by July 9.
The PGA Tour's plans to merge with Saudi-backed LIV Golf have come under scrutiny in Washington, D.C., with Senator Ron Wyden raising questions about the morality and safety of the acquisition. The Justice Department has also notified the PGA Tour that it is investigating the merger plans for antitrust concerns, and the organization has yet to respond to the letter or the investigation. Many have questioned the morality of the merger, and the outcome of the investigation and the PGA Tour's response remain to be seen.
The Las Vegas Golden Knights have won their first Stanley Cup in franchise history, defeating the Florida Panthers 9-3 on Tuesday night. Head coach Peter Cassidy had expressed confidence the day before the game that his team would play well, and they certainly did, blowing open a one-goal game in the second period to lead 6-1. The win marks a historic moment for the Golden Knights, who have only been in existence since 2017, and is the first major professional sports championship in Las Vegas history.
Stanford's dramatic walk-off victory over the University of Texas in the NCAA tournament was due to a fly ball that Dylan Campbell was unable to locate in the twilight sky. The loss was a tough pill to swallow for the Longhorns, who had a chance to win in the top of the ninth inning but were unable to capitalize. Stanford advances to the College World Series, while Texas' season comes to a heartbreaking end.
Nine people were shot in Denver, Colorado, following celebrations of the Denver Nuggets' first NBA championship win. Three of the victims are in critical condition, while the remaining victims and the suspect are believed to have non-life-threatening injuries. The suspect has been taken into police custody, and the Denver Police Department is asking anyone with information about the shooting to contact them.
The Denver Nuggets have won their first ever NBA title, after a thrilling 94-89 victory against the Miami Heat in Game 5 of the NBA Finals. Nikola Jokic led the Nuggets to victory with 28 points and 16 rebounds, earning him the NBA Finals MVP award. Despite a slow start, the Nuggets managed to close out the series on their home court, marking a momentous occasion for the team.
Sen. Richard Blumenthal (D-Conn.) has opened an inquiry into the PGA Tour's agreement with the Saudi-backed LIV Golf, citing concerns about the influence of the Saudi government and the risks posed by a foreign government entity assuming control over a cherished American institution. He has requested a slew of records related to the agreement from the two sports organizations to shed light on the behavior of the Saudi Public Investment Fund, the PGA Tour's tax-exempt status, and any law enforcement investigations. The results of the inquiry and its implications for the agreement remain to be seen.