BREAKING | Hornets Owner Michael Jordan in Talks to Sell Majority Stake
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Like you, I thought Thursday was a day to focus on March Madness basketball, then came a Woj Bomb. It seems Michael Jordan's time as the Hornets majority owner is coming to an end.
Michael Jordan has been the Hornets majority owner since 2010, he has overseen the return of the Hornets name and brand but the on court production in that time has been disappointing.
Jordan appears to be close to selling his majority stake to current Hornets minority owner Gabe Plotkin and Atlanta Hawks minority owner Rick Schnall. Jordan already sold a significant stake of the team to Plotkin in 2020. Reports suggest Jordan would keep a minority stake of the Hornets, so would still have some link to Hornets ownership.
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