Arguably the best and most famous player in NBA history, Michael Jordan purchased a majority stake in his home-state Charlotte Hornets for 5 million back in 2010. And yet, Rick Schnall and Gabe Plotkin still bought Jordan’s stake in the franchise in 2023 at a valuation of billion. In the two years since then, the […]
Arguably the best and most famous player in NBA history, Michael Jordan purchased a majority stake in his home-state Charlotte Hornets for 5 million back in 2010.
And yet, Rick Schnall and Gabe Plotkin still bought Jordan’s stake in the franchise in 2023 at a valuation of billion.
In the two years since then, the Hornets’ on-court product hasn’t improved much. However, LaMelo Ball, Brandon Miller and Mark Williams give the new governor an interesting young core to build around moving forward.
His notoriety and competitiveness made it seem like Jordan was a natural fit for the role. However, the Hornets only made the playoffs twice with Jordan at the helm. Their last playoff appearance was in 2016.
