Michael Jordan is “engaged in serious talks” to sell his majority ownership stake in the Charlotte Hornets, per ESPN’s Adrian Wojnarowski.
ESPN Sources: Charlotte Hornets owner Michael Jordan is engaged in serious talks to sell a majority stake in the franchise to a group led by Hornets minority owner Gabe Plotkin and Atlanta Hawks minority owner Rick Schnall. pic.twitter.com/jg03W25s49
— Adrian Wojnarowski (@wojespn) March 16, 2023
Current Hornets minority owner Gabe Plotkin and Atlanta Hawks minority owner Rick Schnall are leading the group that’s engaged in talks with Jordan on taking over.