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Michael Jordan Thinks of Selling the Hornets

Jordan has served as majority owner since 2010

The NBA basketball legend, Michael Jordan, would be in talks to sell his part of the Charlotte Hornets due to the poor results recorded by the team.

According to information from ESPN, the owner of the North Carolina team would be talking with the minority owner of the Hornets, Gabe Plotkin, and the minority owner of the Atlanta Hawks, Rick Schnall, to see the best possible offer.

"A deal is not imminent, but there is significant momentum for a sale that would eventually install Plotkin and Schnall as co-governors of the Hornets," journalist Adrian Wojnarowski explained.

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Jordan has served as the majority owner of the Hornets since 2010 after spending $275 million. However, the team has not achieved the best results since then.

In a study conducted by Forbes last October, the Charlotte team ranked as the 27th most valuable team in the NBA, with an estimated value of around $1.700 billion.

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