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Michael Jordan Selling Hornets Stake; Team Prefers Ingram Over Williamson For No. 2 Pick: Report

Posted on AllSides June 17th, 2023
From The Center

After 13 years of ownership, Michael Jordan is selling his majority stake in the Charlotte Hornets. The Charlotte Hornets announced Friday that the 60-year-old NBA legend reached an agreement to sell the team to a group led by minority stakeholder Gabe Plotkin and Rick Schnall, who is also a minority owner of the Atlanta Hawks. Jordan will still retain a minority ownership share of the team, according to the franchise. He will also continue to oversee basketball operations through the NBA draft Thursday and the start of free agency on...

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