Charlotte Hornets

Sale Of Michael Jordan's Majority Stake In The Charlotte Hornets Reportedly Approved By NBA’s Board of Governors

According to sources, the NBA Board of Governors has reportedly approved Michael Jordan’s sale of his majority stake in the Charlotte Hornets to an ownership group led by Rick Schnall and Gabe Plotkin.

Samantha Dorisca. Jul 24, 2023.

Michael Jordan Bought His Share Of The Charlotte Hornets For $275M In 2010 — He'll Make 11 Times His Investment If Approved

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