{"id":25848,"date":"2023-06-16T16:13:17","date_gmt":"2023-06-16T16:13:17","guid":{"rendered":"https:\/\/news24feed.com\/?p=25848"},"modified":"2023-06-16T16:13:17","modified_gmt":"2023-06-16T16:13:17","slug":"michael-jordan-is-selling-his-majority-ownership-of-the-charlotte-hornets","status":"publish","type":"post","link":"https:\/\/news24feed.com\/?p=25848","title":{"rendered":"Michael Jordan is selling his majority ownership of the Charlotte Hornets"},"content":{"rendered":"<p><\/p>\n<p class=\"\">Retired basketball superstar Michael Jordan is selling his majority ownership of the Charlotte Hornets to investors Gabe Plotkin and Rick Schnall, a representative for Jordan confirmed. <a href=\"https:\/\/www.cnbc.com\/2023\/06\/16\/michael-jordan-is-selling-his-stake-in-the-charlotte-hornets-.html\" target=\"_blank\" rel=\"noopener\">CNBC <\/a>Friday.<\/p>\n<p class=\"\">Jordan will retain minority ownership as part of the deal.  Terms of the deal were not disclosed.<\/p>\n<p class=\"\">Jordan&#8217;s representatives did not immediately respond to NBC News&#8217; requests for comment Friday.<\/p>\n<p class=\"\">Jordan acquired a majority stake in the Hornets in 2010 for $275 million.  He previously had a minority interest in the team, reports CNBC.<\/p>\n<p class=\"\">Jordan is arguably the greatest professional basketball player to ever live.  He won six championships with the Chicago Bulls.<\/p>\n<p class=\"endmark\">This is a developing story.  Check back for updates.<\/p>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.nbcnews.com\/news\/us-news\/michael-jordan-selling-majority-ownership-charlotte-hornets-rcna89723\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Retired basketball superstar Michael Jordan is selling his majority ownership of the Charlotte Hornets to investors Gabe Plotkin and Rick Schnall, a representative for Jordan confirmed. CNBC Friday. Jordan will retain minority ownership as part of the deal. Terms of the deal were not disclosed. Jordan&#8217;s representatives did not immediately respond to NBC News&#8217; requests for comment Friday. Jordan acquired a majority stake in the Hornets in 2010 for $275 million. He previously had a minority interest in the team, reports CNBC. Jordan is arguably the greatest professional basketball player to ever live. He won six championships with the Chicago&#8230; <\/p>\n","protected":false},"author":8,"featured_media":25849,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-25848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-videos"],"_links":{"self":[{"href":"https:\/\/news24feed.com\/index.php?rest_route=\/wp\/v2\/posts\/25848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news24feed.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news24feed.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news24feed.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/news24feed.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25848"}],"version-history":[{"count":1,"href":"https:\/\/news24feed.com\/index.php?rest_route=\/wp\/v2\/posts\/25848\/revisions"}],"predecessor-version":[{"id":25850,"href":"https:\/\/news24feed.com\/index.php?rest_route=\/wp\/v2\/posts\/25848\/revisions\/25850"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news24feed.com\/index.php?rest_route=\/wp\/v2\/media\/25849"}],"wp:attachment":[{"href":"https:\/\/news24feed.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news24feed.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news24feed.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}