Michael Jordan Could Soon Sell His Majority Stake In The Charlotte Hornets - Blavity
Posted on AllSides March 17th, 2023
From The Left
Reports suggest Jordan is in talks with some investors regarding his stake in the franchise.
According to the Charlotte Observer, the former Chicago Bulls player has been negotiating with Hornets minority stakeholder Gabe Plotkin and Atlanta Hawks minority owner Rick Schnall.
Sports Illustrated reported that Plotkin bought a nice chunk of the team in 2020 when the 60-year-old decided to sell to him.