Michael Jordan, the iconic basketball legend, is reportedly exploring the sale of his majority stake in the Charlotte Hornets. Jordan has been the majority owner of the Hornets since 2010 and is now reportedly looking to sell the team.
Jordan has been a beloved figure in the Charlotte community since he became the majority owner of the team. He has been active in the community, attending games and helping to raise money for local charities. His presence has been a major boost for the team and the city.
The news of Jordan’s potential sale of the team has sent shockwaves throughout the NBA. It is unclear what Jordan’s motivations are for selling the team, but it is likely that he is looking to make a profit from his investment. It is also possible that he is looking to move on to other business ventures.
At this time, no deal is imminent and it is unclear how much Jordan is looking to sell the team for. However, it is expected that there will be plenty of interest in the team from potential buyers. The Hornets have been a successful franchise since Jordan took over and have made the playoffs in five of the last six seasons.
It remains to be seen whether or not Jordan will actually sell the team. However, if he does decide to move on from the Hornets, it will be a major loss for the city of Charlotte and the NBA as a whole. Jordan has been an integral part of the Hornets organization and his presence will be sorely missed if he does decide to sell.
