Justin Grant

Jul 27, 2023 | huffpost.com | Justin Grant

“Sports franchises are how we knight people in this country.” – Bobby Axelrod, on Showtime’s hit show, “Billions.”Michael Jordan’s decision to sell the Charlotte Hornets isn’t just ending his unsuccessful 13-year run owning and leading one of the NBA’s worst, most depressing teams. It also marks the end of a Black American holding the majority ownership of a professional sports franchise in North America.