Listen Live
K97.5 Featured Video
CLOSE

Michael Jordan is rumored to be in talks to sell his majority stake in the Charlotte Hornets.

All-Star 2017 annoucement with the Charlotte Hornets

Source: Kent Smith / Getty

According to ESPN’s Adrian Wojnarowski, Michael Jordan is rumored to be planning to sell his majority stake in the NBA team, the Charlotte Hornets. Sources revealed that there is “significant momentum” on the sale. In the alleged deal, Hornets minority owner Gabe Plotkin and Atlanta Hawks minority owner Rick Schnall would become the co-governors of the Hornets. The source also said that MJ would maintain minority stake in the organization.

Check out more information here.