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Michael Jordan Reaches Agreement To Sell Majority Stake in NBA’s Charlotte Hornets

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Michael Jordan reaches agreement to sell majority stake in NBA?s Charlotte Hornets

Basketball legend, Michael Jordan has officially reached an agreement to sell his stake in the Charlotte Hornets, ending his 13-year run as the majority owner.

 

Hornets Sports & Entertainment confirmed on Friday, June 16 that Jordan reached an agreement to sell his majority stake in the Charlotte Hornets to a group led by Gabe Plotkin and Rick Schnall.

Plotkin, who acquired a minority stake in the team in 2019, has been an alternate governor on the NBA Board of Governors since 2019 and is the founder and chief investment officer of Tallwoods Capital LLC.

 

Schnall is co-president of Clayton, Dubilier & Rice LLC, where he has worked for 27 years, and has been a significant minority owner of the Atlanta Hawks and an alternate governor on the NBA Board of Governors since 2015, the Hornets said.

Schnall is in the process of selling his investment in the Hawks, which is expected to be completed in the next several weeks, officials with the Hornets explained.

The Buyer Group will also include Chris Shumway, Dan Sundheim, Ian Loring, Dyal HomeCourt Partners, North Carolina natives recording artist J. Cole and country music singer-songwriter Eric Church, and several local Charlotte investors, including Amy Levine Dawson and Damian Mills.

 

When the news of Jordan’s initial talks to sell his stake in the Charlotte Hornets broke earlier this year, it was noted that Jordan would maintain a minority stake in the team.

The NBA legend became majority owner of the North Carolina franchise in March 2010, when the team was called the Charlotte Bobcats, and after four years as part of the franchise’s ownership group. He was the first former player to become the majority owner of an NBA franchise.

 

The transaction is subject to the approval of the NBA Board of Governors.

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itel Launches A300+: Most Affordable Duo-Screen Smartphone with a Rear Screen

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itel, the technology empowerment brand for masses, officially unveiled its new product A300+, brand’s first interactive dual-screen smartphone in its price range. itel A300+ comes with a comprehensive set of features — a 7000mAh marathon battery, IP65 military-grade durability, and satellite communication capability, demonstrating that innovation and complete product strength can coexist at an accessible price point.

 

A First-of-Its-Kind Rear Screen Experience: Interactive Innovation for a New Generation

itel A300+ coming with an interactive rear display is a rare feature in this price category, designed to deliver a smart entertainment experience for young generations. Far from being a cosmetic gimmick, the rear screen provides practical functions built around real everyday scenarios. Users can frame selfies using the higher-quality rear camera with a live preview on the back screen, glance at incoming messages and alerts without waking the main display, and play, pause, or skip tracks directly from the rear screen. The rear display also supports customizable clocks, photos, and designs, giving users a personal window to express their individual style. Complementing the rear screen, the A300+ features a 6.78-inch immersive punch-hole main display, offering a cleaner, more expansive viewing experience for streaming, gaming, browsing, and social media.

 

 

Performance and Value in Balance: Delivering Fresh Technology Despite Industry Pressure

Even amid rising industry costs, itel has chosen to bring fresh technology to its products while continuously improving performance and keeping pricing accessible. The A300+ is powered by a 7000mAh marathon battery engineered for long-term reliability, supporting up to 1,200 charging cycles — far exceeding the industry standard, and designed to retain healthy capacity. AI Charging Protection intelligently manages charging patterns to reduce battery degradation, while Smart Power Management optimizes power consumption across apps and hardware to extend usage time between charges.

 

The device also features 300% ultra-volume DTS stereo speakers, delivering rich, room-filling sound for music, videos, FM radio, and everyday entertainment. Built to withstand daily life and beyond, the A300+ carries IP65 water and dust resistance certification and meets military-grade durability standards, resisting splashes, dust, and accidental drops. Notably, the A300+ includes satellite communication capability, ensuring users can still send basic messages via satellite when cellular networks are unavailable — a safety net in remote areas, during natural disasters, or in other critical situations, setting it apart in its price segment.

 

The A300+ is built on a clear product philosophy, rather than relying on a single headline feature, it combines its key strengths into one complete product story. The rear screen captures attention first, while battery life, durability, and practical usability make the overall value proposition convincing. With the A300+, itel once again demonstrates its commitment to using innovation to meet the needs and desire for novelty among young users in emerging markets.

 

The itel A300+ is available in two variants: the 64GB ROM and 128GB ROM and they are both available in all phone retail stores in Nigeria or via online store HERE

 

 

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DJ Robot ft TMP Offisial & Fateoftheyouth – “NDSM Deluxe” Mixtape

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DJ ROBOT teams up with TMP OFFISIAL and FATEOFTHEYOUTH for NDSM DELUXE, a new DJ mixtape that expands the world of NDSM — No Dey Stress Me into a bigger, more energetic listening experience.

Built around DJ ROBOT’s approach to sequencing, mixing, and controlling energy, NDSM DELUXE transforms the NDSM mindset into a full sonic journey. The mixtape explores nightlife, pressure, temptation, confidence, freedom, desire, and the decision to simply refuse to let life overwhelm you.

Bringing together DJ ROBOT’s DJ-driven vision with the creative energy of TMP OFFISIAL and FATEOFTHEYOUTH, the deluxe edition adds new dimensions to the original NDSM message while maintaining its central philosophy: No Dey Stress Me.

Rather than simply extending the original project, NDSM DELUXE is designed as an experience — moving through different moods, rhythms, and moments while allowing each transition to contribute to the story.

For DJ ROBOT, the project represents an opportunity to communicate through energy as much as words.

“The original NDSM had more energy and stories to explore. I wanted to take the ‘No Dey Stress Me’ mindset beyond the song and turn it into a full DJ experience — something that captures nightlife, freedom, pressure, temptation, and the moments when you simply choose to enjoy yourself and live in the present.”

Listen below;

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N8TAN Announces ‘UPRISING EP’ — A Story of Rising From the Streets to the Top

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Nigerian artist N8TAN is set to unveil his highly anticipated ‘UPRISING EP’, a body of work that chronicles his journey from the streets to the heights of his musical ambition.

Built around themes of struggle, resilience, ambition, survival, and triumph, UPRISING captures the realities of an artist determined to turn adversity into momentum. The project reflects N8TAN’s experiences, the challenges that shaped him, and the relentless drive that continues to push him forward.

More than a collection of songs, UPRISING is presented as a story of transformation—from navigating the streets and confronting uncertainty to finding purpose, embracing growth, and rising toward the top.

With its blend of raw storytelling, infectious energy, and personal perspective, the EP offers listeners an intimate look into N8TAN’s world while reinforcing his determination to carve out his own place in the music industry.

‘UPRISING EP’ is a statement of elevation: a reminder that where you start does not have to determine where you finish.

As N8TAN continues to build his musical identity, UPRISING marks another significant chapter in his journey—and an invitation for listeners to rise with him.

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