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Michael Jordan Owns Approximately 90 Percent Of Hornets

Feb 13, 2019 10:43 AM

Michael Jordan owns approximately 90 percent of the Charlotte Hornets with the current estimated value of the team at $1.2 billion.

The NBA approved the purchase of the Hornets by Jordan with just $30 million in cash. The then-Bobcats were valued at $275 million at the time of purchase. The NBA almost certainly would not approve that type of deal today, but the league and global economy were both in a very different place in 2010.

The Hornets have typically operated at a loss, but league documents showed Jordan's fellow owners sent him more than $130 million in revenue assistance between 2012 and 2017.

Brian Windhorst/EPSN

Tags: Charlotte Hornets, NBA

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Hornets Claim Shelvin Mack Off Waivers

Feb 10, 2019 7:15 PM

The Charlotte Hornets claimed Shelvin Mack off the waiver wire. 

The 29-year-old Mack was released by the Hawks after getting traded from the Grizzlies for Tyler Dorsey on deadline day.

Shams Charania/The Athletic

Tags: Shelvin Mack, Charlotte Hornets, NBA, NBA Official Signing

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Hornets Had Interest In Harrison Barnes

Feb 8, 2019 4:22 PM

The Charlotte Hornets had interest in trading for Harrison Barnes ahead of the deadline.

Charlotte was only offering its own first round pick if the Dallas Mavericks took on money they didn't want.

Barnes was eventually traded to the Sacramento Kings.

Barnes has a $25 million option for next season.

Zach Lowe/ESPN

Tags: Harrison Barnes, Charlotte Hornets, Dallas Mavericks, Sacramento Kings, NBA, NBA Trade Rumor, NBA Misc Rumor

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Hornets' Deal For Marc Gasol Fell Apart With Last-Minute Haggling

Feb 8, 2019 9:58 AM

The Charlotte Hornets and Memphis Grizzlies were close to a trade of Marc Gasol, but it was derailed by some last-minute haggling.

The Hornets were prepared to trade a lottery protected first round pick for Gasol.

The Grizzlies eventually traded Gasol to the Toronto Raptors. Memphis acquired Jonas Valanciunas, Delon Wright, C.J. Miles and a 2024 second round pick.

Zach Lowe/ESPN

Tags: Marc Gasol, Charlotte Hornets, Memphis Grizzlies, Toronto Raptors, NBA, NBA Trade Rumor, NBA Misc Rumor

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Hornets, Grizzlies Continue To Hold Marc Gasol Talks

Feb 7, 2019 10:23 AM

The Charlotte Hornets continue to discuss a trade with the Memphis Grizzlies for Marc Gasol.

Gasol has a player option for 19-20.

The Grizzlies appear to be on the verge of embarking on a rebuild.

Marc Stein/New York Times

Tags: Marc Gasol, Charlotte Hornets, Memphis Grizzlies, NBA, NBA Trade Rumor, NBA Misc Rumor

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Hornets, Grizzlies Losing Momentum In Completing Marc Gasol Trade

Feb 6, 2019 12:39 AM

The Charlotte Hornets and Memphis Grizzlies do not have a deal in place for Marc Gasol.

There is "increasing skepticism" from both sides that a trade will not go through before the Thursday deadline, according to Sean Deveney of Sporting News.

The framework of the trade would involve Gasol, with some combination of Malik Monk or Michael Kidd-Gilchrist, or both, returning to Memphis.

Gasol sat out the Grizzlies' game against the Timberwolves on Tuesday night.

Sean Deveney/Sporting News

Tags: Marc Gasol, Michael Kidd-Gilchrist, Malik Monk, Charlotte Hornets, Memphis Grizzlies, NBA, NBA Trade Rumor

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Hornets In Serious Talks With Grizzlies On Marc Gasol

Feb 5, 2019 6:01 PM

The Memphis Grizzlies and Charlotte Hornets are in serious talks on a Marc Gasol trade.

Gasol could become a free agent this offseason.

The Hornets are currently run by Mitch Kupchak, who drafted Gasol with the Los Angeles Lakers.

Shams Charania/The Athletic

Tags: Marc Gasol, Charlotte Hornets, Memphis Grizzlies, NBA, NBA Trade Rumor, NBA Misc Rumor

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Kemba Walker Leaves Game With Strained Neck

Jan 26, 2019 1:49 PM

Kemba Walker suffered a mild neck strain late in the 4th quarter against the Milwaukee Bucks. He left for the locker room and did not return to the game.


"So far he's OK. We'll know more [Saturday], but so far indications are that he is going to be OK," said Hornets coach James Borrego.

Walker was recently selected as a starter for the All-Star Game for the first time in his career. 

ESPN

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

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Tony Parker Was Told By Popovich He'd Be Spurs' Third String Point Guard

Jan 14, 2019 8:01 PM

Tony Parker thought he would remain with the San Antonio Spurs for his entire career, but a June conversation with Gregg Popovich changed the dynamic.

"Pop just told me that I was going to be the third point guard, and I had to think really hard about if I was going to stay," Parker says. "So then I told him I'm not gonna stay. I think they really didn't believe I was gonna leave anyway. I think they thought I'd be like Manu and just stay."

Parker signed with the Charlotte Hornets.

The Spurs lost Dejounte Murray for the season in October, which would have created more minutes for Parker.

Michael C. Wright/ESPN

Tags: Tony Parker, Charlotte Hornets, San Antonio Spurs, NBA, NBA Signing Rumor, NBA Misc Rumor

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Kemba Walker Trusts Mitch Kupchak To Upgrade Hornets' Roster

Jan 9, 2019 2:37 AM

Kemba Walker said he trusts Mitch Kupchak's ability to build a team and will not be involved in roster decisions ahead of his impending free agency.  

"That's not my job. I'll leave it up to those guys. We have Mitch now, who's a great guy who's done a great job at building teams over his GM career. And I have a lot of trust in him. So, you know, we talk all the time. Who knows?"

The 28-year-old Walker is averaging a career-high 25.4 points on the season. He would be eligible for a 5-year, $221 million supermax contract if he makes any All-NBA team, wins the MVP, or gets named the Defensive Player of the Year.

Kupchak stated last July that Walker was viewed as a cornerstone of the Hornets moving forward. 

 

ESPN

Tags: Kemba Walker, Charlotte Hornets, NBA, NBA Misc Rumor, NBA B-Ball IQ

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Hornets Desperate to Move Nic Batum, Will Include Frank Kaminsky In Trade
Batum has one year left on his deal, plus a player option for the 2020-21 season.

Sean Deveney/Sporting News

Cody Zeller Breaks Right Hand, No Timetable On Return
The 26-year-old Zeller averaged 9.2 points and 6.2 rebounds in 34 starts this season.

NBA.com

Kemba Walker: I Don't Have Any Interest In Coming Back Home To NY Right Now
Kemba Walker has always been linked to the Knicks due to their need at point guard and his ties to the area.

Zach Braziller/New York Post

Kemba Walker Pushed Agent To Accept Charlotte's $10M Per Season Offer In 2014
Kemba Walker never imagined becoming one of the NBA's best shooters.

Zach Lowe/ESPN

Michael Jordan 'Hellbent' On Re-Signing Kemba Walker
Teams around the NBA expect Kemba Walker to re-sign with the Hornets.

Shams Charania/The Athletic

Hornets Hoping To Re-Sign Kemba Walker
Michael Jordan would like to re-sign Kemba Walker this offseason.

Shams Charania/The Athletic

Nikola Jokic, Kemba Walker Named NBA Players Of The Week
Nikola Jokic averaged 26.3 points, 10.3 rebounds, 7.3 assists, 1.67 steals and 1.00 blocks while helping the Nuggets start the season 3-0.

RealGM Staff Report

Hornets Convert Joe Chealey To Two-Way Deal
Joe Chealey went undrafted in 2018 out of Charleston.

RealGM Staff Report

Hornets Announce Basketball Operations Hires
Nate Mitchell, George Rodman, Matt Carroll, Gary Sacks, Kevin Grevey, Anthony Gacona, Quinton Crawford and Alexander Powell have been hired by the Hornets.

NBA.com

RealGM Radio: Arturo Galletti on East Over-Unders
Host Danny Leroux and Arturo Galletti break down the over/unders for the Eastern Conference.

RealGM Staff Report

RealGM Radio: Andrew Sharp, Mike Prada On The Southeast Division
Host Danny Leroux, Mike Prada of SB Nation and Andrew Sharp of Sports Illustrated break down the NBA’s Southeast Division.

RealGM Staff Report

Joe Wolf Named Head Coach Of Greensboro Swarm
Joe Wolf played collegiately at North Carolina.

RealGM Staff Report

Suns Have Tried To Trade For Damian Lillard, Kemba Walker, Terry Rozier
Kemba Walker and Terry Rozier both project to be free agents in 2019.

John Gambadoro/Arizona Sports 98.7

Hornets Waive Mangok Mathiang
Mangok Mathiang averaged 10.8 points, 9.2 rebounds, 1.4 blocks and 1.1 assists in 25.3 minutes per game in the G League.

RealGM Staff Report

Tony Parker Initiated Move To Bench Role
Tony Parker revealed it was his idea to move to the bench to allow Dejounte Murray to start at point guard.

ESPN

Hornets Have Tony Parker On $5.25M Non-Guaranteed Deal For 19-20
Tony Parker signed a two-year $10.25 million deal with the Hornets.

Zach Lowe/ESPN

Hornets Agree To Sign Isaiah Wilkins To Camp Deal
Isaiah Wilkins was the ACC Defensive Player of the Year.

Michael Scotto/The Athletic

Kemba Walker Planning On Remaining With Hornets For Long Time
Kemba Walker is entering the final season of his contract earning $12 million.

Michael Scotto/The Athletic

Malik Monk Out 6-8 Weeks With Fractured Right Thumb
Malik Monk suffered the injury during Friday's game.

ESPN

Hornets, Magic, Bulls Agree Upon Three-Team Trade
Timofey Mozgov will go the Magic while the Hornets will acquire Bismack Biyombo.

Adrian Wojnarowski/ESPN