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Justin R. Ishbia is an American billionaire businessman and private equity investor who is a founding partner of Shore Capital Partners. He is a part majority owner of the Phoenix Suns of the NBA and Phoenix Mercury of the WNBA along with his brother Mat Ishbia. He is also a minority owner of Major League Soccer team Nashville SC.
The 2023–24 Charlotte Hornets season was the 34th season for the franchise in the National Basketball Association (NBA). This also became the first season where Michael Jordan would not be the majority owner of the team, with Gabe Plotkin and Rick Schnall being the new majority owners of the franchise as of August 2023.
The 2024–25 Charlotte Hornets season will be the 35th season for the franchise in the National Basketball Association (NBA). This also became the second season where Gabe Plotkin and Rick Schnall would take on majority ownership of the Hornets franchise after buying majority shares from Michael Jordan during the month of August 2023. On April 3, 2024, the Hornets announced that Steve Clifford would step down as head coach at the end of the 2023–24 season and move into a front-office advisory role. On May 9, 2024, the Hornets hired Charles Lee as their new head coach.
References
- 1 2 3 4 5 Tucker, Tim (June 27, 2015). "Meet the Hawks' new owners". Ledger Enquirer .
Schnall, 45, is a partner with private equity firm Clayton Dubilier & Rice....
- ↑ "Richard J Schnall "Rick" Co-President/Partner, Clayton Dubilier & Rice LLC". Bloomberg. 22 March 2023.
- ↑ "NBA unanimously approves sale of Atlanta Hawks" (Press release). National Basketball Association. June 24, 2015. Retrieved June 24, 2015.
- ↑ "Hawks finalizing sale with billionaire Antony Ressler". The Atlanta Journal-Constitution. Retrieved 23 April 2015.
- ↑ NBA: "Group Led By Tony Ressler Completes Purchase of Atlanta Hawks" June 25, 2015 | "Other investors include seven-time NBA All-Star Grant Hill, who will serve as Vice Chair of the Board, Townsquare Media Chair and CEO Steven Price, Clayton, Dubilier & Rice partner Rick Schnall, and Spanx founder Sara Blakely and Marquis Jet co-founder Jesse Itzler, who are married"
- ↑ "Who are the new Hornets owners? Gabe Plotkin and Rick Schnall set to purchase team from Michael Jordan".
- ↑ Moore, Evan (June 16, 2023). "Who are Gabe Plotkin and Rick Schnall? Meet the new Charlotte Hornets owners". The Charlotte Observer .
- ↑ Cohen, David R. (April 29, 2015). "Jewish Investor Buying Hawks". Atlanta Jewish Times .
At least two of his Hawks partners, Itzler and Rick Schnall, are Jewish.
- ↑ "Who is Rick Schnall? Looking at a probable part owner of Charlotte Hornets". Sportskeeda.
- ↑ McDonald, Lawrence G. (October 12, 2010). A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers. Crown Publishing Group. p. 26. ISBN 9780307588340.