NBA legend Michael Jordan sells his majority share in the Charlotte Hornets. The entire franchise is currently valued at around $3 billion and Jordan currently owns roughly 97% equity in the team. According to a press release from the Hornets, the majority stake will be sold to a group led by Gabe Plotkin and Rick Schnall, with Jordan planning to keep a small minority stake in the team. He original bought it at around 275 Million, that’s quite the return!
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