• 11/11/2024

Michael Jordan Agrees to Sell Majority Stake in Charlotte Hornets

Wall Street Journal

The sale to Gabe Plotkin and Rick Schnall values the team at a reported $3 billion. Jordan is currently the league’s only Black majority owner.

https://www.wsj.com/articles/michael-jordan-charlotte-hornets-sale-gabe-plotkin-rick-schnall-8c9fd02b