Michael Jordan has reportedly agreed to sell the Charlotte Hornets.
's run as owner of the Charlotte Hornets is coming to an end -- the basketball legend has agreed to sell the team to a group that includes several A-list stars.MJ initially bought a minority stake of the franchise back in 2006 ... and took the position of Managing Member of Basketball Operations.Plotkin bought part of the Hornets back in 2019 ... a move that, in hindsight, is now considered the first step in phasing Jordan out of ownership.Plotkin is the founder of Tallwoods Capital ...
Jordan -- who will keep a minority stake in the Hornets -- will oversee basketball ops through the NBA Draft next week ... as well as the start of free agency in July.
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