Michael Jordan considering sale of NBA’s Charlotte Hornets

Published March 22, 2023 1:16 PM

By STEVE REED
AP Sports Writer

Michael Jordan is considering selling the Charlotte Hornets. The six-time NBA champion is in negotiations to sell at least a portion of the franchise to a group that includes Hornets minority owner Gabe Plotkin. Jump Management, Jordan’s family office, says in a statement to The Associated Press that “four years ago, Michael Jordan sold a stake in the Charlotte Hornets to a Gabe Plotkin-led group” and that “as a natural step in a process due to that transaction, Michael and Gabe are in discussions about his group potentially buying an additional stake.” No deal is imminent. Jordan purchased the expansion team from Bob Johnson for $180 million in 2010.

Article Topic Follows: AP National Sports

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