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Hornets’ Michael Jordan in Talks to Sell Majority Stake in Team

by
SportsCarolinaMonthly
March 17, 2023

Published by
Sports Illustrated

By Jelani Scott The 60-year-old NBA icon has been the team’s majority owner since 2010. The Hornets could soon be under ownership following a report that owner Michael Jordan may be looking to sell the team. Jordan, who’s owned Charlotte for 13 years, is currently engaged in “serious talks” to sell his stake to a group led by Hornets minority owner Gabe Plotkin and Hawks minority owner Rick Schnall, ESPN’s Adrian Wojnarowki reported Thursday. The deal is reportedly not imminent but there is said to be “significant momentum” on a sale, according to Wojnarowski. Should the deal come to fruition,…

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