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TikTok CEO EXPOSED In Congress | Ep. 251 | Part 1
PBD Podcast
Michael Jordan's Sale of Charlotte Hornets
Michael Jordan is selling his majority stake of Charlotte Hornets, which he bought for $275 million in 2010. The bankruptcy of teams local media partner, Diamond Sports Group could put the future media rights of 42 NBA and NHL teams in jeopardy. This would mean a significant profit for Jordan, whose tenure as majority owners saw the team reached only the playoff birds two times and no second round of the postseason.
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