UNC basketball legend Michael Jordan’s run as the majority of the NBA franchise Charlotte Hornets is set to come to an end.
Over the last few months, there’s been speculation that UNC basketball legend and NBA Hall of Famer Michael Jordan was looking to sell his majority stake in the Charlotte Hornets franchise.
Now, it appears that the deal is close to being finalized.
BREAKING: 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.