Finance

Does Michael Jordan Own a Team

Does Michael Jordan Own a Team
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Does Michael Jordan Own an NBA Team

Michael Jordan does not currently own an NBA team. He was the majority owner of the Charlotte Bobcats, later renamed the Charlotte Hornets, from 2010 to 2023. In 2023, he sold his controlling stake to a group led by Gabe Plotkin and Rick Schnall.

What Team Did Michael Jordan Own

Jordan became the majority owner of the Charlotte Bobcats in 2010. He later sold a controlling interest in the franchise, which is now known as the Charlotte Hornets. He no longer holds a majority ownership role in the team.

What Is Michael Jordan Doing in Sports Business Now

After selling the Hornets, Jordan remains involved in sports business through his Jordan Brand and various endorsements. He continues to work with Nike on the Air Jordan line. He also maintains connections to the NBA through business and advisory roles.

For more details on NBA ownership structures, see NBA.com.

Alex Martinus

Written by Alex Martinus

Author at Captain Caprov — sharing insights and knowledge on various topics.

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