Former North Carolina Tar Heel and Chicago Bulls legend Michael Jordan is reportedly looking to move on from the Charlotte Hornets.
ESPN’s Adrian Wojnarowski is reporting that Jordan has engaged in talks to sell the majority stake in the Hornets franchise. Jordan would sell the stake to an ownership group led by current minority owner Gabe Plotkin and Atlanta Hawks minority owner Rick Schnall.
While no deal is imminent, Wojnarowski did say that there is significant momentum in the talks. That leads us to believe it will get done barring some hold up.