Family of scaffolding collapse victim files lawsuit + Michael Jordan sells majority stake in Hornets
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The six-time NBA champion’s sale of his Charlotte stake to Gabe Plotkin and Rick Schnall was finalized on Thursday, the team announced.
CHARLOTTE, N.C. — Michael Jordan’s reign as majority owner in the NBA is formally over.
“We’ve got to get this right, and we have a unique set of capabilities around building businesses,” Hornets new co-chairman Rick Schnall told The Observer in an exclusive interview.
The Charlotte Hornets say the sale of the majority stake in the franchise from six-time NBA champion Michael Jordan to Gabe Plotkin and Rick Schnall has been finalized