Hornets president Rod Higgins steps down late Thursday night

Rod Higgins, before the Bobcats became the Hornets.
Rod Higgins, before the Bobcats became the Hornets. (USATSI)

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Rod Higgins has stepped down as president of the Charlotte Hornets, the team announced late Thursday night. This is surprising timing for this type of move, as Charlotte sent out a press release at 12:21 a.m., shortly after the completion of Game 4 of the NBA Finals. 

"I would like to thank Rod for his seven years of dedication to this organization," Hornets owner Michael Jordan said the press release. "Rod has been a consummate professional throughout his time with the team. Thanks to his hard work and commitment, we have an improved roster and we are poised for success in the future. Rod was of great help to me as I navigated my first four years as majority owner of this franchise. I wish him all the best."

He worked alongside Charlotte general manager Rich Cho in the front office, and now Cho will "assume responsibility for the team's basketball operations." 

Charlotte has the ninth, 24th and 45th picks in the upcoming NBA Draft. Jordan recently said that he expects the team to be a major player in free agency this offseason.

CBS Sports Writer

James Herbert is somewhat fond of basketball, feature writing and understatements. A former season-ticket holder for the expansion Toronto Raptors, Herbert does not think the NBA was better back in the... Full Bio

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