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Michael Jordan's 13-year tenure as the majority owner of the Charlotte Hornets has officially come to an end. The team announced on Thursday that the sale of a majority stake in the franchise to a ...
Michael Jordan is selling his majority share of the Charlotte Hornets to a group led by Gabe Plotkin and Rick Schnall, ending Jordan's 13-year run of being the Hornets owner.
Owner Michael Jordan is finalizing a deal to sell the majority share of the Charlotte Hornets, a move that will end his 13-year run of overseeing the organization, the team announced on June 16, 2023.
Michael Jordan’s 13-year majority ownership tenure with the Hornets has come to an end. The six-time NBA champion’s sale of his Charlotte stake to Gabe Plotkin and Rick Schnall was finalized ...
Michael Jordan has finalized the sale of his majority stake in the Hornets for an approximate $3 billion valuation, sources told ESPN's Adrian Wojnarowski.
The Hornets didn't achieve much success in Jordan's 13 years as majority owner. Since 2010, the Hornets have had a winning record only three times. They made the playoffs twice during that span ...
Should the deal come to fruition, the change in ownership would end Jordan’s 13-year tenure as the Hornets owner, though he’s “expected to remain with a minority stake,” per Wojnarowski.
When two of basketball’s biggest icons step into the boardroom, you’d expect championship results, not chaos and confusion.
Michael Jordan ended his 13-year ownership of the Charlotte Hornets last year. The NBA icon sold his majority stake in the Hornets for $3billion after a long spell in charge following his dec… ...
The Hornets underwent a name change — the franchise was still known as the Charlotte Bobcats when Jordan bought them in 2010 — and five coaching changes. Jordan, however, was the constant.