Michael Jordan explains his decision to sell Charlotte Hornets majority stake for $3billion
Jordan is one of the most recognisable sportsmen of all time and continues to generate wealth through his world famous Nike trainers“As Gabe Plotkin and Rick Schnall, and their ownership group, now take a controlling stake in the team, and I transition to becoming a minority owner, I want to say Thank You to Hornets fans for all the love and dedication you’ve shown the franchise and to me over the years.
“I will never forget the excitement when we brought the Hornets name back to its rightful home in Charlotte, uniting the histories and fanbases of both the original Hornets and the Bobcats. Our fans told us how important this was, and the amazing level of support and enthusiasm proved their point.
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