The decision ends Jordan’s 13-year run as majority owner of the franchise.
As an owner, Jordan never came close to matching his success as a player, where he won six NBA titles with the Chicago Bulls while becoming one of the game’s greatest players ever.The Hornets never won a playoff series in that time and haven’t been to the postseason in the past seven seasons.
The owner members of the Hornets new ownership group include artist J. Cole, Dan Sundheim, Ian Loring, country music singer-songwriter Eric Church, Chris Shumway and several local Charlotte investors, including Amy Levine Dawson and Damian Mills.
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