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Michael Jordan Is Reportedly In Talks to Sell Majority Stake in Charlotte Hornets
7 days ago - By Hypebeast
According to multiple sources, including NBA insider Adrian Wojnarowski , Michael Jordan is reportedly engaged in serious talks to sell his majority stake in the Charlotte Hornets to the team's current minority owner Gabe Plotkin, and Atlanta Hawks minority owner Rick Schnall. After cementing his legacy as one of, if not the greatest NBA players of all time with six championships and five MVP titles, Michael Jordan became the league's first and only Black majority team owner in 2010, buying a majority stake in the Hornets for $275 million USD. According to Statista , the franchise is now...
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