2023-06-17 07:53:00
Do you know Bigflo and Oli? They are not among the investors linked to the takeover of the Charlotte Hornets. But on the other hand, do you know J. Cole?
We still see him interpret Middle Child at halftime at the 2019 Charlotte All-Star Game. And for good reason, J. Cole is a child of North Carolina. Born in Frankfurt am Main in Germany, he moved very early with his mother to Fayetteville, a city of regarding 200,000 inhabitants located 212 kilometers from Charlotte. Zou, ellipsis of who knows how many years: we are in 2023 and the rapper records his success in life by buying the Hornets franchise. He is among the group of investors led by Gabe Plotkin, a minority shareholder in the franchise since 2019, and Rick Schnall, co-chairman of private equity firm Clayton, Dubilier & Rice.
What personal investment of J. Cole in the amount of 3 billion disbursed for the redemption? His part has not been made public, but we just know that the rapper is not the only musician in the case. Eric Church, American singer-songwriter of country music, is also part of the group of buyers. In short, great minority shareholders whose history is intimately linked to the region: this can only do good for the Hornets franchise.
Note: According to Adrian Wojnarowski, the Hornets intend to leave Jordan in charge of basketball operations until next week’s draft and the start of free agency on July 1, before power is transferred permanently. to Plotkin and Schnall.
J. Cole is part of the group buying the Hornets, per @JeffZillgitt pic.twitter.com/jxvyIHIbhR
— NBACentral (@TheNBACentral) June 16, 2023
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