Michael Jordan selling ‘large piece’ of Charlotte Hornets

Michael Jordan selling ‘large piece’ of Charlotte Hornets

Jordan is not giving up majority control of the team

Michael Jordan has agreed to sell a ‘large piece’of the Charlotte Hornets to two New York-based investors, according to Rick Bonnell of the Charlotte Observer.

The percentages Jordan is selling have not been revealed, nor the price the two investors are paying. However, Jordan is not giving up majority control of the team.

Source: Charlotte Observer.

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