Charlotte continues to hand over public money to whatever sports team needs it. Next up, the Hornets!
Last week, Michael Jordan decided to cash out as majority owner of the Charlotte Hornets. The new owners will have an upgraded arena thanks to the city council, last week, voting to spend $215 million dollars in taxpayer money for Spectrum Center upgrades. For these upgrades, the team extended its lease until 2045. Included in this deal is not just arena upgrades. The new agreement includes plans to build a $60 million dollar practice facility.
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