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Why is Michael Jordan reportedly looking to sell the Charlotte Hornets?

WFAE | By Gwendolyn Glenn
Published March 17, 2023 at 8:54 PM EDT
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Michael Jordan speaks at the grand opening of the Michael Jordan Family Medical Clinic-West Charlotte in 2019. © Novant Health 2019
Davis Turner

The sports world is abuzz about the possibility of five-time NBA MVP Michael Jordan, selling the Charlotte Hornets. Jordan bought the team in 2010 for $275 million. Now, ESPN reports that Jordan is in talks to sell a majority of his ownership to a group led by Hornets minority owner Gabe Plotkin and Atlanta Hawks minority owner Rick Schnall. Langston Wertz Jr., a veteran sportswriter for the Charlotte Observer, says the potential sale of the team by Jordan is not a surprise move.

WFAE's All Things Considered host Gwendolyn Glenn sat down with Wertz Jr. on Friday to learn more. You can listen to their full conversation — about Jordan's possible motives, his legacy in Charlotte and the team's uninspiring record under his ownership — below.

Why is Jordan looking to sell?
WFAE's Gwendolyn Gwen talks with veteran sports reporter Langston Wertz Jr. about what might be driving Michael Jordan to sell his majority stake in the Charlotte Hornets.

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Gwendolyn Glenn
Gwendolyn is an award-winning journalist who has covered a broad range of stories on the local and national levels. Her experience includes producing on-air reports for National Public Radio and she worked full-time as a producer for NPR’s All Things Considered news program for five years. She worked for several years as an on-air contract reporter for CNN in Atlanta and worked in print as a reporter for the Baltimore Sun Media Group, The Washington Post and covered Congress and various federal agencies for the Daily Environment Report and Real Estate Finance Today. Glenn has won awards for her reports from the Maryland-DC-Delaware Press Association, SNA and the first-place radio award from the National Association of Black Journalists.
See stories by Gwendolyn Glenn