The Hornets declined comment on Nelly’s arrest Saturday. Nelly, 42, was part of the original ownership group formed by founder Bob Johnson in 2004, when this expansion team was called the Charlotte Bobcats. In the spring of 2010, Johnson sold controlling interest to Michael Jordan.
An NBA source described Nelly’s percentage of the Hornets as very small, adding he does not take an active role in the Hornets’ operation. The Hornets’ media guide for the 2015-16 season listed Les King, an executive of Nelly, Inc., as the rapper’s representative in the ownership group.