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Michael Jordan is finalizing a deal to sell the majority share of the Charlotte Hornets, a move that will end his 13-year run overseeing the organization, the team announced Friday, June 16, 2023. Jordan is selling to a group led by Gabe Plotkin and Rick Schnall, the Hornets said. (AP Photo/Jacob Kupferman, File)Michael Jordan is finalizing a sale of the Charlotte Hornets to a group led by Gabe Plotkin and Rick Schnall, ending his 13-year run as majority owner, league sources told ESPN on Friday. An agreem…4 Mar 2017 ... Use this link to download SeatGeek: [https://seatgeek.com/promos] Use my code for a $20 rebate: [CASH] Site I Use To Get My Kicks From ...On Thursday, Michael Jordan agreed to sell his majority stake in the Charlotte Hornets for $3 billion, ESPN's Adrian Wojnarowski reported. A group led by Gabe Plotkin and Rick Schnall, including ...

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The retired sports star is in negotiations to sell his majority stake in the Charlotte Hornets, according to a Thursday ESPN report. Jordan is “engaged in serious talks” to sell his stake in the franchise to a group involving Atlanta Hawks minority owner Rick Schnall and Hornets minority owner Gabe Plotkin, according to the report.

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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 ...Michael Jordan plans to keep a minority stake in the Hornets, the team he bought in 2010 for about $275 million. CHARLOTTE, N.C. (AP) — The timing of Michael Jordan’s decision to sell his ...

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Michael Jordan agreed on Friday to sell his majority stake in the Charlotte Hornets at a $3 billion valuation, ending his 13-year run as the team's owner. Why it matters: That's the seventh-most expensive sale price ever for a sports franchise. Six of the seven richest sales have come in the past 13 months.

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