Michael Jordan Reportedly In Serious Talks To Sell Charlotte Hornets

Michael Jordan at a Hornets game

Getty Image / Jacob Kupferman

There are very few players in NBA history who have had anywhere near as much success in their careers as Michael Jordan.

With all of that success, it only made sense that he would somehow remain involved with the game when his playing days were over.

That continued involvement ended up being his ownership of the Charlotte Hornets.

Now it looks like he could be trying to take a step back from his current level of ownership.

According to ESPN’s Adrian Wojnarowski, His Airness is in serious talks to sell his majority stake in the team.

Woj added that nothing is imminent, but there is significant momentum on a sale.

The report also states that Jordan would keep a minority stake in the team even if he sells.

Jordan’s time as an owner has not been nearly as successful as his playing career. Since Jordan became the majority owner at the end of the 2010 season, the Hornets have made just 2 playoff appearances and haven’t won a playoff series in either of those appearances.

This year, the team has struggled to a 22-49 record this season as star guard LaMelo Ball has dealt with injuries.

Now it looks like Jordan isn’t planning on being such a big part of any future efforts for the Hornets to win a playoff series for the first time since 2002.