FILE - Charlotte Hornets owner Michael Jordan speaks to the media about hosting the NBA All-Star basketball game during a news conference, Feb. 12, 2019, in Charlotte, N.C. The NBA Board of Governors has voted to approve Jordan’s sale of the Charlotte Hornets to an ownership group led by Gabe Plotkin and Rick Schnall, according to a person familiar with the situation. (AP Photo/Chuck Burton, File)The NBA Board of Governors has voted to approve Michael Jordan’s sale of the Charlotte Hornets to an ownership group led by Gabe Plotkin and Rick Schnall, according to a person familiar with the situation. However, when an NBA owner decides to sell it first must be approved by the league’s Board of Governors. Plotkin has been a minority stakeholder with the Hornets since 2019, while Schnall has been a minority owner of the Atlanta Hawks since 2015.
