Charlotte Hornets WiretapCharlotte Hornets Wiretap

Michael Jordan Now Worth $1 Billion

Mar 2, 2015 10:10 AM

Michael Jordan has made the Forbes Magazine list of the richest people in the world with an estimated net worth of $1 billion.

Jordan qualifies as the 1,741st richest person in the world.

It is believed that Jordan makes more than $100 million a year off royalties from his Nike Air Jordan line, though his business manager Estee Portnoy has never confirmed those numbers. 

In March 2010, Jordan agreed to buy 80 percent of the Charlotte Bobcats on a valuation of about $275 million. Jordan's stake increased to 89 percent in 2013 and the Charlotte Hornets are now worth more than $700 million.

Darren Rovell/ESPN

Tags: Charlotte Hornets, NBA, NBA CBA

Discuss Buy Tickets
Warriors, Hawks, Blazers In Top-10 On Both Offense, Defense

Feb 12, 2015 12:50 PM

The Golden State Warriors, Atlanta Hawks and Portland Trail Blazers enter the All-Star break as the only three teams in the NBA ranked in the top-10 in both offense and defense.

Fourteen other teams are in the top-10 in either offensive or defensive efficiency.

The Chicago Bulls ranked second in defensive efficiency last season and 28th on offense, but they are currently 9th on offense and just 13th on defense.

Teams that contend for a championship in the NBA typically are in the top-10 in both categories, or are particularly dominant on one end of the floor.

The current top-10 in efficiency differential consists of the Warriors, Hawks, Clippers, Mavericks, Blazers, Grizzlies, Raptors, Spurs, Rockets and Cavaliers.

The old/young distinction is based on the average age of players who play 15 or more minutes per game.

Christopher Reina/RealGM

Tags: Atlanta Hawks, Boston Celtics, Charlotte Hornets, Chicago Bulls, Cleveland Cavaliers, Dallas Mavericks, Denver Nuggets, Detroit Pistons, Golden State Warriors, Houston Rockets, Indiana Pacers, Los Angeles Clippers, Los Angeles Lakers, Memphis Grizzlies, Miami Heat, Milwaukee Bucks, Minnesota Timberwolves, New Orleans Pelicans, New York Knicks, Orlando Magic, Philadelphia Sixers, Phoenix Suns, Portland Trail Blazers, Sacramento Kings, San Antonio Spurs, Toronto Raptors, Utah Jazz, Washington Wizards, Oklahoma City Thunder, Brooklyn Nets, NBA, NBA B-Ball IQ

Discuss Buy Tickets
Hornets Acquire Mo Williams, Troy Daniels From Wolves For Gary Neal

Feb 10, 2015 12:51 PM

The Charlotte Hornets have acquired Mo Williams and Troy Daniels from the Minnestoa Timberwolves for Gary Neal,

League sources previously told RealGM that they were on the verge of an agreement.

The Hornets need help at point guard with Kemba Walker injured. Williams is averaging 12.2 points and 6.4 assists per game this season for the Wolves.

The Wolves will attempt to flip Neal in another trade before the deadline, sources tell RealGM.

Shams Charania/RealGM

Tags: Mo Williams, Troy Daniels, Gary Neal, Charlotte Hornets, Minnesota Timberwolves, NBA, NBA Trade Rumor, NBA Misc Rumor

Discuss Buy Tickets
Bismack Biyombo Sidelined At Least Two More Weeks

Feb 9, 2015 12:04 AM

Bismack Biyombo will miss at least an additional two weeks with a bone bruise on his right knee.

Biyombo likely won’t participate in practices the second half of next week following the All-Star break.

Biyombo has missed the last five games for the Charlotte Hornets.

Rick Bonnell/Charlotte Observer

Tags: Bismack Biyombo, Charlotte Hornets, NBA, NBA Injury

Discuss Buy Tickets
Hornets Waive Jannero Pargo, Sign Elliot Williams

Feb 4, 2015 1:30 PM

The Charlotte Hornets have signed Elliot Williams to a 10-day contract and waived Jannero Pargo.  

Williams joins the Hornets from the Santa Cruz Warriors of the NBA D-League, becoming the 30th Gatorade Call-Up this season.  He will wear No. 4. 

The Hornets roster remains at 15 players.

RealGM Staff Report

Tags: Jannero Pargo, Elliot Williams, Charlotte Hornets, NBA, NBA Official Signing, NBA Waiver

Discuss Buy Tickets
Hornets Expected To Sign Elliot Williams To 10-Day Contract

Feb 3, 2015 3:37 PM

The Charlotte Hornets are expected to sign Elliot Williams to a 10-day contract from the D-League.

Williams recently had two 10-day contracts with the Utah Jazz.

Williams averaged 3.6 points in 8.4 minutes over five games with the Jazz. Williams played 67 games last season with the Philadelphia 76ers.

Marc Stein/ESPN

Tags: Elliot Williams, Charlotte Hornets, NBA, NBA Signing Rumor, NBA Misc Rumor, D-League

Discuss Buy Tickets
Bucks, Hornets, 76ers Interested In Gary Talton, D-League's Assists Leader

Jan 27, 2015 11:09 AM

The Milwaukee Bucks, Charlotte Hornets and Philadelphia 76ers are exploring the call-up candidacy of Gary Talton, the NBA Development League’s assists leader, league sources told RealGM.

Behind 13 games of 10 or more assists, Talton has averaged 13.2 points, 10.2 assists and 40.6 percent three-point shooting this season. He has split the year with the Rio Grande Valley Vipers and the Fort Wayne Mad Ants, his current team.

Talton had two 20-assist performances earlier in the season with Rio Grande Valley, where he was surrounded by a bevy of shooters to feed passes. The 6-foot-1 point guard has notched double-doubles in three of his last five games with Fort Wayne.

Talton, 24, finished his collegiate career at UIC (University of Illinois at Chicago), averaging 12.3 points, 4.4 assists, four rebounds and 34.4 minutes per game as a senior. He went unselected in the 2013 NBA Draft, followed by free-agent workouts for teams, including the Memphis Grizzlies.

Shams Charania/RealGM

Tags: Gary Talton, Charlotte Hornets, Milwaukee Bucks, Philadelphia Sixers, NBA, NBA Signing Rumor, NBA Misc Rumor, D-League, D-League Misc Rumor

Discuss Buy Tickets
Kemba Walker To Undergo Surgery For Meniscus

Jan 26, 2015 2:53 PM

Kemba Walker will undergo surgery to repair his meniscus.

Walker is expected to miss approximately six weeks.

Walker has missed three of the Charlotte Hornets' past five games.

Adrian Wojnarowski/Yahoo! Sports

Tags: Kemba Walker, Charlotte Hornets, NBA, NBA Injury

Discuss Buy Tickets
Nets, Hornets Discuss Trade Involving Joe Johnson, Lance Stephenson

Jan 26, 2015 12:24 AM

The Brooklyn Nets and Charlotte Hornets have restarted trade discussions that involve Joe Johnson, according to sources.

The Hornets and Nets are discussing a larger package that would likely include Lance Stephenson, Gerald Henderson and Marvin Williams.

Charlotte owner Michael Jordan has been intrigued with the possibility of Johnson, who has struggled recently with tendinitis.

Adrian Wojnarowski/Yahoo! Sports

Tags: Joe Johnson, Lance Stephenson, Gerald Henderson, Marvin Williams, Charlotte Hornets, Brooklyn Nets, NBA, NBA Trade Rumor, NBA Misc Rumor

Discuss Buy Tickets
Average NBA Franchise Valuation Now More Than $1 Billion

Jan 21, 2015 11:15 AM

The average NBA franchise valuation is now a record $1.1 billion.

There are now 11 NBA teams worth at least $1 billion, compared to three a year ago.

The Los Angeles Lakers lead the way at $2.6 billion, up 93% over last year. 

The value of the New York Knicks shot up 79% to $2.5 billion, ranking the team second overall.

Rounding out the top five are the Chicago Bulls ($2 billion), Boston Celtics ($1.7 billion) and Los Angeles Clippers ($1.6 billion).

6. Brooklyn Nets: $1.5 billion
7. Golden State Warriors: $1.3 billion
8. Houston Rockets: $1.25 billion
9. Miami Heat: $1.175 billion
10. Dallas Mavericks: $1.15 billion
11. San Antonio Spurs: $1 billion
12. Portland Trail Blazers: $940 million
13. Oklahoma City Thunder: $930 million
14. Toronto Raptors: $920 million
15. Cleveland Cavaliers: $915 million
16. Phoenix Suns: $910 million
17. Washington Wizards: $900 million
18. Orlando Magic: $875 million
19. Denver Nuggets: $855 million
20. Utah Jazz: $850 million
21. Indiana Pacers: $830 million
22. Atlanta Hawks: $825 million
23. Detroit Pistons: $810 million
24. Sacramento Kings: $800 million
25. Memphis Grizzlies: $750 million
26. Charlotte Hornets: $725 million
27. Philadelphia 76ers: $700 million
28. New Orleans Pelicans: $650 million
29. Minnesota Timberwolves: $625 million
30. Milwaukee Bucks: $600 million

Kurt Badenhausen/Forbes

Tags: Atlanta Hawks, Boston Celtics, Charlotte Hornets, Chicago Bulls, Cleveland Cavaliers, Dallas Mavericks, Denver Nuggets, Detroit Pistons, Golden State Warriors, Houston Rockets, Indiana Pacers, Los Angeles Clippers, Los Angeles Lakers, Memphis Grizzlies, Miami Heat, Milwaukee Bucks, Minnesota Timberwolves, New Orleans Pelicans, New York Knicks, Orlando Magic, Philadelphia Sixers, Phoenix Suns, Portland Trail Blazers, Sacramento Kings, San Antonio Spurs, Toronto Raptors, Utah Jazz, Washington Wizards, Oklahoma City Thunder, Brooklyn Nets, NBA, NBA CBA

Discuss Buy Tickets
Nets Decide To Keep Brook Lopez For Now
The Nets backed away from the idea of simply moving Brook Lopez on a salary dump.

Adrian Wojnarowski/Yahoo! Sports

Nets, Thunder Progressing On Brook Lopez For Perkins, Lamb Trade
Three-team talks with the Hornets that would have sent Lance Stephenson to Brooklyn are dead.

Chris Broussard/ESPN

Nets Put Lopez, Stephenson Talks On Hold
The Nets pulled back from three-team talks involving Brook Lopez and Lance Stephenson on Friday.

Rick Bonnell/Charlotte Observer

Thunder, Nets, Hornets Discuss Three-Team Brook Lopez, Stephenson Deal
Brook Lopez would go to the Thunder under the discussed trade, while Lance Stephenson would be dealt to the Nets.

Chris Broussard/ESPN

Nets Accelerate Brook Lopez Trade Talks
The Nets are in talks with several teams regarding Brook Lopez with Lance Stephenson a viable option.

Adrian Wojnarowski/Yahoo! Sports

Heat, Clippers, Hornets Calling Nuggets On Arron Afflalo
The Nuggets acquired Arron Afflalo last offseason from the Magic and is on an expiring contract.

Ramona Shelburne/ESPN

Kemba Walker, Klay Thompson Named NBA Players Of Week
Kemba Walker and Klay Thompson have been named the NBA's Players of the Week for games played Jan. 5 through Jan. 11.

RealGM Staff Report

Hornets Guaranteeing Jason Maxiell's Contract For Season
Jason Maxiell has been informed informed he will make the guarantee cut with the Hornets.

Shams Charania/RealGM

Hornets Recall Noah Vonleh From D-League
Noah Vonleh played two games for the Mad Ants this season averaging 7.0 points and 4.5 rebounds per game.

RealGM Staff Report

Al Jefferson Out Minimum Of Four Weeks With Groin Strain
Al Jefferson has been diagnosed with a strain of an adductor muscle in his left groin.

RealGM Staff Report

Hornets Assign Noah Vonleh To D-League
Noah Vonleh has played in just four games this season.

RealGM Staff Report

Lance Stephenson Could Return As Soon As Monday From Pelvic Injury
Steve Clifford said even Monday might be a reach for Lance Stephenson's return.

Rick Bonnell/Charlotte Observer

Lance Stephenson Has Strengthened Confidence In Hornets' Partnership
The Nuggets emerged as an interested suitor for Lance Stephenson this season, league sources told RealGM.

Shams Charania/RealGM

Pacers' Players Not Encouraging Front Office To Trade For Stephenson
The Pacers were worn out of Lance Stephenson by the end of last season.

Marc Stein/ESPN

Lance Stephenson Has Clashed With Hornets' Teammates
Steve Clifford has placed responsibility for Lance Stephenson's adjustment on the Hornets' veterans.

Gary Washburn/Boston Globe

Hornets Keeping Lance Stephenson 'For Now'
The Heat and Nets are among seven clubs that showed interest in Lance Stephenson.

Chris Broussard, Ramona Shelburne/ESPN

Herb Simon 'OK' With Pacers Pursuing Deal For Lance Stephenson
Several deciding factors would determine the Pacers' interest in Lance Stephenson.

Candace Buckner/Indianapolis Star

Pacers, Nets, Clippers Show Interest In Lance Stephenson
The Pacers, Nets and Clippers have varying degrees of interest in Lance Stephenson.

Adrian Wojnarowski/Yahoo! Sports

Lance Stephenson Receiving Trade Interest, But Hopes To Remain Part Of Hornets' Turnaround
Lance Stephenson has garnered fresh trade inquiries into the Hornets’ front office recently and wouldn’t be opposed to a potential move to the Nets.

Shams Charania/RealGM

Steve Clifford's 15-16 Option Becomes Fully Guaranteed
Steve Clifford's third season of the three-year, $6 million coaching deal was guaranteed with a 43-39 record last season.

Marc Stein/ESPN