decadentrebelJun 16, 2023

Woj: Michael Jordan is finalizing sale of the Charlotte Hornets, ending his 13-year run as majority owner

https://lemmy.world/post/191232

Woj: Michael Jordan is finalizing sale of the Charlotte Hornets, ending his 13-year run as majority owner - Lemmy.world

> Michael Jordan is finalizing a sale of the Charlotte Hornets to a group led by Gabe Plotkin and Rick Schnall, ending his 13-year run as majority owner, league sources told ESPN on Friday.

Show threadlevi_wins

Looks like the deal is for $3 Billion

https://twitter.com/wojespn/status/1669717232379736065?s=20

Jun 16, 2023 at 2:51pmWeb
Show threadConditionOverloadJun 16, 2023
Bought the team for $180 million and selling it for $3 billion. Goddamn.
Show threadthanksbrotherJun 16, 2023
No more tears, at least for today
Show threadbill_1992Jun 16, 2023
Nice chunk of change for being bad at the job too...
Show threadunix84Jun 17, 2023

It's a supply/demand thing.

The league really needs to expand.

Show threaddeath916Jun 17, 2023
Great investment