JOURNAL ARTICLE

Michael Jordan Eyes Selling Stake in Charlotte Hornets: ESPN.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Sin, Michael 3 of 3

Abstract

(Bloomberg) -- NBA legend and Charlotte Hornets owner Michael Jordan is in talks to sell a majority stake in the basketball franchise, ESPN reported, without saying where it got the information. The Hornets, who haven't won a championship since they entered the National Basketball Association, were valued at $1.7 billion by Forbes in October, ranking them 27th among the 30 teams. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/03, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2023
  • Accession Number:162468402
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