Michael Jordan

Courts

NASCAR settles federal antitrust case, gives all teams the permanent charters they wanted

Associated Press

Michael Jordan and NASCAR chairman Jim France stood side-by-side on the steps of a federal courthouse as if they were old friends following a stunning settlement Thursday of a bruising antitrust case in which the Basketball Hall of Famer was the lead plaintiff in a lawsuit accusing the top racing series in the United States of being a monopolistic bully.

Sports

Michael Jordan's fight against NASCAR heads to court, could shake up motorsports

Associated Press

Michael Jordan's 23XI Racing and Front Row Motorsports are taking NASCAR to federal court Monday over antitrust allegations. The lawsuit claims NASCAR holds a monopoly over the sport, with 23XI and Front Row refusing to sign charter renewals.

FILE - Charlotte Hornets owner Michael Jordan speaks to the media about hosting the NBA All-Star basketball game during a news conference in Charlotte, N.C., Tuesday, Feb. 12, 2019. Michael Jordan is finalizing a deal to sell the majority share of the Charlotte Hornets, a move that will end his 13-year run overseeing the organization, the team announced Friday, June 16, 2023. Jordan is selling to a group led by Gabe Plotkin and Rick Schnall, the Hornets said. (AP Photo/Chuck Burton, File)

Sports

Michael Jordan selling majority ownership stake in Charlotte Hornets

Steve Reed and Tim Reynolds, Associated Press

Michael Jordan is finalizing a deal to sell the majority share of the Charlotte Hornets, the franchise announced Friday, leaving the 30-team NBA without any Black majority ownership.

Health & Safety

Michael Jordan Donates $7 Million To Build Medical Clinics

Neal Charnoff

Hornets owner Michael Jordan is donating $7 million to launch medical clinics that he hopes will help at-risk communities in Charlotte. It's the largest…