Michael Jordan Preparing To Sell Majority Stake Of Hornets

NBA legend Michael Jordan is preparing to sell the Charlotte Hornets. ESPN reports 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. The report also states that "no deal is imminent" and if the sale is completed, Jordan would still keep a minority stake in the team.


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