A century ago, a Black-owned team ruled basketball − today, no Black majority owners remain

Subject

Lacking Black-Owned NBA Franchises

Description

(THE CONVERSATION) For the first time in 20 years, the NBA began its season with no Black-owned franchises.

In fact, there’s been only one Black majority-owned team in league history.

In late 2002, the NBA awarded an expansion team, the Charlotte Bobcats, to Black Entertainment Television co-founder Bob Johnson. Four years later, former NBA star Michael Jordan bought a minority stake in the franchise, and in 2010, he bought Johnson’s stake. However, Jordan sold his majority stake in the franchise in July 2023.

This lack of diversity in basketball team ownership is especially disappointing considering the rich history of Black ownership in sports, which began when the top leagues in the U.S. were still segregated.

Creator

Jared Bahir Browsh

Source

https://www.essence.com/news/howard-university-first-hbcu-figure-skating-team-in-the-country/?fbclid=IwAR1SMFkKmaAzqHNHU8neR16LXYE-uzP3SRm5oz4M_0CM0vGDpF5dmOl5OoU

Publisher

SFGATE

File