Michael Jordan selling majority stake in Charlotte Hornets at approximately $3 billion valuation
Michael Jordan is finalizing a sale of his majority stake in the Charlotte Hornets, per Adrian Wojnarowski. The team is expected to be purchased by a group led by Gabe Plotkin and Rick Schnall. This move will see Jordan’s 13-year stretch as the majority owner come to an end. The valuation of the sale is […]
June 16, 2023