Jordan to sell majority stake in Hornets
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[June 17, 2023]
(Reuters) - Six-time NBA champion Michael Jordan has reached a
deal to sell his majority stake in the Charlotte Hornets, the team said
on Friday, ending his 13-year run in charge of the team.
Hornets minority stakeholder Gabe Plotkin and Rick Schnall, who is a
minority owner of the Atlanta Hawks, lead the buyers' group. |
![](../images/061723PIX/sports47.jpg)
Feb 20, 2022; Cleveland, Ohio, USA; Michael
Jordan at halftime during the 2022 NBA All-Star Game at Rocket Mortgage
FieldHouse. Mandatory Credit: Kyle Terada-USA TODAY Sports |