MICHAEL JORDAN - BASKET-NBA-MILWAUKEE-CHARLOTTE

Hornets: Michael Jordan's $3 Billion Sale of Charlotte Gets Crucial Approval From NBA Governors

Michael Jordan's 13-year run as the majority owner of the Charlotte Hornets comes to an end. Michael Jordan's 13-year run as the majority owner of the Charlotte Hornets officially comes to an end after the NBA's Board of Governors approved the team's sale to a group led by Rick Schnall and Gabe Plotkin, according to Adrian Wojnarowski of ESPN.