Charlotte Hornets updated Team Outlook after owner and former superstar Michael Jordan sells his majority stake in the team for $3.6 B. Jordan, who bought the team back in 2010 for about $275 M, has now decided to sell his majority stake after a disappointing tenure overseeing the franchise. Jordan will remain as a minority owner and will be consulted in the draft process, as the Hornets own the 2nd overall pick.
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