‘Basketball Emperor’ Michael Jordan is in the 스포츠토토process of selling his stake in the Charlotte Hornets of the National Basketball Association (NBA).
According to ESPN on the 17th (Korean time), Charlotte owner Jordan is negotiating to sell more than half of his stake in Charlotte to other Charlotte owner Gabe Plokin and Rick Schnall, who holds a minority stake in the Atlanta Hawks.
“While a sale is not at an imminent stage, there is significant momentum in the sale process, with Plokin and Schnall co-owners of Charlotte,” a source told ESPN.
Jordan is expected to retain only a minority stake in Charlotte once the sale negotiations are complete.
ESPN explained, “The sale of the stake marks the end of 13 years of management for Jordan, the owner of the Hornets.”
Jordan, who was the greatest basketball player of all time, winning 6 NBA Finals championships and 5 MVPs, bought a stake in Charlotte in 2006 and became the largest shareholder in 2010.