Woj: Michael Jordan is finalizing sale of the Charlotte Hornets, ending his 13-year run as majority owner
Woj: Michael Jordan is finalizing sale of the Charlotte Hornets, ending his 13-year run as majority owner
twitter.com /wojespn/status/1669705484226510848
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.
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I would kind of laugh if after the sale goes through the Hornets start up a playoff run. Just for the fun of it all.
Purchased from Bob Johnson for $180m in 2010. I'm guessing the 13 year investment will have paid off.
It's appreciated almost as much as a house in my city!