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[Wojnarowski] ESPN Sources: The NBA’s Board of Governors has approved the sale of the Charlotte Hornets to a group led by Rick Schnall and Gabe Plotkin, clearing the way to end Michael Jordan’s 13-year run as majority owner.



[Wojnarowski] ESPN Sources: The NBA’s Board of Governors has approved the sale of the Charlotte Hornets to a group led by Rick Schnall and Gabe Plotkin, clearing the way to end Michael Jordan’s 13-year run as majority owner.

by Michael_B_Lopez

37 Comments

  1. Dinobot2_

    Does Jordan still have a minority stake or is he out completely?

  2. HorrorPassion9540

    These guys can’t be worse than Jordan, right?

  3. Cvnilivee

    “…not with a bang but with a whimper”

  4. I want go to a game just to start a “Gamestop” chant. Maybe bring a sign as well.

  5. rabid89

    People making fun of MJ’s ineptitude as a GM in terms of team success need to understand one thing: he made a shit ton of profit from his years of ownership of the Hornets team, especially after this sale.

  6. Dame2Miami

    I just fell to my knees in a GameStop

  7. asher1611

    r/NBA is not going to want to hear this but farewell to the best owner the Charlotte Hornets have ever had.

    no joke. it’s really been that bleak.

  8. Toast2Carnage

    He might have been bad at actual draft/roster construction, but at the very least, I knew he cared and wanted to win. My friends and I talked about what might have been if Jordan didn’t take over during the Bobcats Era. I honestly don’t think Charlotte keeps a team. And now you got the guy who tried to short Gamestop coming in lol. So we’ll see what happens.

  9. _Nolofinwe_

    Cut to 30 years from now and people will be talking about how Michael Jordan was by far the greatest owner ever in NBA history

  10. forcedtojoinreddit

    Gabe Plotkin…the greatest investor of our generation?…who lost billions on GameStop? Who still hasn’t closed his short on GME?

  11. iamironman837

    Gave Plotkin?? How does this man still have money I thought we bankrupted him during the GameStop Saga 😡

  12. Seeing MJ leave is kinda strange. He is basketball.

  13. Few-Spend2993

    When all the white men ~~own~~ govern teams made up of black men

  14. GooseMay0

    Was Jordan drafting Brandon Miller his last fuck you to Hornet fans?

  15. Jordan lost the ownership because of gambling on credit

  16. TheLlamanati

    Stg the first course of action better be to clear out every neoptistic hire Jordan made. So our whole front office

  17. groceriesN1trip

    Only 13 years? Hmm, felt like longer than that

  18. FatalTortoise

    Best thing he did for the franchise was give the cartoon hornet jordans

  19. rajmahal93

    Isn’t Schnall minority owner of hawks? How’s he allowed to also own Hornets ?

  20. schuuin

    If he’s “such a basketball genius” then why did he fail to make the playoffs eleven out of thirteen years in an anemic Eastern conference? The jordan stans are awful quiet… Hmm

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