The [autotag]Michael Jordan[/autotag] era of being an NBA owner is nearing an end after it was announced that the Tar Heel legend would sell his majority stake in the Charlotte Hornets.
The announcement of Jordan’s 13-year run of ownership Hornets ending came Friday with the Jumpman selling his share from an estimated range of 2 to 3 billion to a group led by Gabe Plotkin and Rick Schnall, according to ESPN. Despite not having much success owning the Hornets, Jordan’s finical success remains true, purchasing his stake in the Hornets 13 years ago for only 275 million to flip that into billions.
The breaking news was not shocking, with rumors of Jordan being on the verge of selling for quite some time. Regardless that brought a significant reaction as NBA fans discussed the Hornet’s success during his tenure.
Jordan was a remarkable player, but that did not translate into ownership, with the Hornets failing to muster a single playoff win. The team never finished higher than a sixth seed and owned the fifth worse win % during his time.
Let us look at how Twitter reacted to the news of Jordan selling his majority stake with the Hornets.