We are pleased that michael jordan's purchase of majority ownership of the bobcats was approved by the nba's board of governors and closed in such a smooth and expeditious fashion, said stern in a statement.
Get Michael Jordan Charlotte Hornets Ownership Background. In march 2010, jordan became the majority owner of the charlotte bobcats, after four years as part of the team's ownership group and its managing member curtis polk is the vice chairman of hornets sports & entertainment. Michael jordan is selling part of the charlotte hornets to two businessmen but will remain the majority owner of the franchise.
Charlotte Hornets Michael Jordan Becoming A Good Owner from images2.minutemediacdn.com
(ap) — michael jordan is adding two partners to the charlotte hornets' ownership group, selling them each a portion of the nba franchise. Between his profitable nike partnership and his ownership of the charlotte hornets, forbes estimated jordan's net worth to be over $1 billion in 2018. Michael jordan's ownership of the charlotte hornets not only has helped make him a billionaire but with the ascent of nba team values is paying him fat jordan first became an investor in the hornets (then the bobcats) in 2006 and took over as the controlling owner in 2010 when he bought out robert.
With the influx in value of the charlotte hornets, michael jordan's net worth increased by $350 million to an estimated $1.65 billion.
Gabe plotkin, founder and chief investment officer of melvin capital, and daniel sundheim, founder and chief investment officer of d1. Bee here for the hornets 30th season! — michael jordan is adding two partners to the charlotte hornets' ownership group. Nba legend and charlotte hornets owner michael jordan has sold part of his team to two new york investors, but will retain majority control of the franchise.
