Michael Jordan Selling Majority Ownership of Hornets

Author Cam Silver

June 16th, 2023 2:59 PM

CHARLOTTE, NORTH CAROLINA - MARCH 03: Charlotte Hornets owner Michael Jordan looks on in the fourth quarter during their game against the Orlando Magic at Spectrum Center on March 03, 2023 in Charlotte, North Carolina. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jacob Kupferman/Getty Images)

After 13 years Michael Jordan has decided to sell majority ownership of the Charolette Hornets. Back in 2010 he bought the team from Bob Johnson for $180 million. The NBA’s Board of Governors will finalize the selling of the team, but it is unclear how long that will take. Jordan will keep minority stake of the team.

The group Jordan is selling to is led by Gabe Plotkin and Rick Schnall. Schnall has been a minority owner of the Atlanta Hawks since 2015 and is in the process of selling his ownership. Since 2019 Plotkin has been a minority stakeholder in the Hornets according to the NBA.

Read the full release on https://t.co/BzkRIrrehy.

🔗 https://t.co/roYUH9ilgI pic.twitter.com/N17fYc0HBp
— Charlotte Hornets (@hornets) June 16, 2023

The Hornets went 423-600 during the Jordan Era. They never won a playoff series and have not been to the playoffs since 2016.

10 Fun Things to Do at the Lake

Summer is here, and with it comes the opportunity to enjoy America’s beautiful lakes. One of my favorite summer activities is going to a pristine lake. Whether I just hang out on the beach or take a ride in a pontoon, it’s always a summer highlight. So, what are some fun things to do at the lake this summer?

Before we get to that, did you know that there’s actually a Lakes Appreciation Month? It’s true. The North American Lakes Management Society (NALMS) has named July the official Lakes Appreciation Month. The designation is to “focus attention on the value of lakes and reservoirs to society and the threats they face.” NALMS also states that their mission is to “forge partnerships among citizens, scientists, and professionals to foster the management and protection of lakes and reservoirs…for today and tomorrow.”

One fun fact about lakes is that the lowest lake in the world is the Dead Sea, on the edge of Israel and Jordan. The surface level is 418 m below sea level. That’s incredible. Also, the Great Lakes, which are shared between the U.S. and Canada, contain roughly 21% of the world’s freshwater supply.

So, what are some engaging activities that you can do on the lake this year? Read on for a list of 10 fun things to do on the lake this summer.

10 Fun Things to Do at the Lake:

Swimming in the cool waters
I grew up a swimmer, but some lakes are just too cold for my taste. That said, many people love a refreshing dip into crisp, cold water at their local lake. Just check temperatures before you jump in, because if it’s too early in the season, those temperatures could be dangerously cold.

Little kid swimming in the lake. Getty Images.
Camping near the shoreline
Water often attracts special wildlife that you won’t find anywhere else. That makes camping near a lake a very special experience and different from the typical campground. When you’re camping, make sure you check out the nature that blossoms around the lakes and wetlands, too.

Campsite with orange tent. Getty Images.
Fishing
When I was a little kid, I wanted to go fishing. My dad was not a fisherman by any means and was pretty clueless about it. So, he had a friend of his take us fishing, and it was so fun, even though I didn’t catch anything. That said, fishing is a great summer activity on the lake.

Father and son fishing on boat. Getty Images.
Paddleboarding, kayaking or canoeing
If you’re looking for an activity to help keep you in shape, paddleboarding, kayaking and canoeing are all great exercise. All of those activities are harder than they look, too, so they can be challenging. But, in the end, you’ll have a good time and get in a real workout. Many lakes have places were you can rent a paddleboat, kayak or canoe, too.

Couple kayaking together. Getty Images.
Water sports
One of my cousins absolutely loves jet skiing. It’s always fun to hear him talk about the experience. I’m not much of a water sports enthusiast, but I can appreciate those who do partake. You don’t even have to have your own boat or jet skis, as they are often available for rent nearby.

Young man riding jet boat on a summer day at the lake. Getty Images.
Have a picnic
It’s always a charming activity to have a picnic by the lake. Invite some friends or family over and bring some delicious food to enjoy while looking at the water. Oh, and make sure to have ice cream. That’s a must.

Picnic by the lake. Basket with berries, bread. Getty Images.
Take a hike
Hiking near a lake can be extra lovely, as the water can offer glorious scenery to really make your hike memorable. As aforementioned, lakes often attract nature that you don’t find anywhere else, so hiking around the water can be a unique experience.

Woman with a small yellow dog standing on pier by the mountain lake. Getty Images.
Party with friends
Parties by the lake are always fun. So, get out a grill and invite a bunch of friends down to the beach to enjoy a day or night of partying by the water. But, don’t get wasted, because drinking and swimming can be a deadly combination.

Happy friends doing selfie swimming in the sea with sail boat in background. Getty Images.
Sunbathing
Here’s my top choice, even though you’ll likely find me doing it in the shade: sunbathing. If the water is too cold of you’re just not up to more challenging activities, you can get some sun and lay on the beach. But, remember the sunscreen.

Women relaxing at the lake. Getty Images.
Lakeside games
Lakeside games are definitely a thing, and there are many quirky games that you can play by the lake. A few enjoyable lake games include water balloon fights, bean bag tosses, horseshoes and more. Pick a game and dig in.

Family on dock splashing feet in lake. Getty Images.