{"id":437989,"date":"2023-06-16T14:15:01","date_gmt":"2023-06-16T18:15:01","guid":{"rendered":"https:\/\/7sport.net\/ca\/?post_type=news&#038;p=437989"},"modified":"2023-06-16T12:25:56","modified_gmt":"2023-06-16T16:25:56","slug":"michael-jordan-reaches-deal-to-sell-charlotte-hornets","status":"publish","type":"news","link":"https:\/\/7sport.net\/en\/news\/michael-jordan-reaches-deal-to-sell-charlotte-hornets\/","title":{"rendered":"Michael Jordan reaches deal to sell Charlotte Hornets"},"content":{"rendered":"<p>NBA legend <a href=\"https:\/\/7sport.net\/en\/nfl\/player\/michael-jordan\/\">Michael Jordan<\/a> has struck a deal to sell the Charlotte Hornets, ESPN reports.<\/p>\n<p>The team will be sold to a group of investors led by Gabe Plotkin and Rick Schnall. The agreement is expected to be signed in the coming days. Schnall, a minority owner in another league club, the Atlanta Hawks, and Plotkin, co-owner of the Hornets, will become Charlotte&#8217;s managers after the NBA completes its review and approval process.<\/p>\n<p>Jordan will continue to oversee basketball operations until the league&#8217;s rookie draft. After that he will retain stake in the club.<\/p>\n<p><a href=\"https:\/\/7sport.net\/en\/nfl\/player\/michael-jordan\/\">Michael Jordan<\/a> purchased part of Charlotte in June 2006, becoming the second shareholder in the team after owner Robert Johnson. In 2010, the basketball legend paid $275 million for the main package in the club and became the first former NBA player to own a majority stake in a league team.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NBA legend Michael Jordan has struck a deal to sell the Charlotte Hornets, ESPN reports. The team will be sold to a group [&hellip;]<\/p>\n","protected":false},"author":137,"featured_media":437990,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"tags":[17122,17208],"news_category":[16706],"gn_keywords":[17888,19896],"acf":{"announce":"Afterwards he will retain stake in the club","video":[]},"rank_math_focus_keyword":"","rank_math_description":"","rank_math_title":"","rank_math_robots":"","rank_math_canonical_url":"","rank_math_facebook_title":"","rank_math_facebook_description":"","rank_math_facebook_image":"","rank_math_twitter_title":"","rank_math_twitter_description":"","rank_math_twitter_image":"","rank_math_snippet_shortcode":"","rank_math_primary_category":"","rankmath_seo":{"focus_keyword":"","description":"","title":"","canonical_url":"","robots":"","facebook":{"title":"","description":"","image":""},"twitter":{"title":"","description":"","image":""}},"_links":{"self":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/437989"}],"collection":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/users\/137"}],"replies":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/comments?post=437989"}],"version-history":[{"count":0,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news\/437989\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media\/437990"}],"wp:attachment":[{"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/media?parent=437989"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/tags?post=437989"},{"taxonomy":"news_category","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/news_category?post=437989"},{"taxonomy":"gn_keywords","embeddable":true,"href":"https:\/\/7sport.net\/en\/wp-json\/wp\/v2\/gn_keywords?post=437989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}