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Retired basketball famous person Michael Jordan is promoting his majority possession of the Charlotte Hornets to buyers Gabe Plotkin and Rick Schnall, a consultant for Jordan confirmed to CNBC on Friday.
Jordan will retain minority possession as a part of the deal. The phrases of the deal weren’t disclosed.
Jordan’s representatives didn’t instantly reply Friday to requests for remark from NBC Information.
Jordan secured a majority stake within the Hornets in 2010 for $275 million. He beforehand had minority curiosity within the staff, CNBC reviews.
Jordan is arguably the best skilled basketball participant to ever stay. He received six championships with the Chicago Bulls.
This can be a growing story. Please examine again for updates.
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