Michael Jordan has reached an agreement to sell his majority ownership stake in the Charlotte Hornets

Hornets Sports & Entertainment (HSE) announced today that Chairman Michael Jordan has reached an agreement to sell his majority stake in the Charlotte Hornets to a group ("the Buyer Group") led by Gabe Plotkin and Rick Schnall. Plotkin, who acquired a minority stake in the Hornets in 2019, has been an alternate governor on the …