The NBA is losing it's lone black team owner as Michael Jordan is selling the Charlotte Hornets to the Gabe Plotkin & Rick Schnall ownership group for an approximate $3 billion valuation, league sources tell ESPN. Jordan, arguably the greatest NBA player in history, purchased the Hornet back in 2010 for $275 million. He once said, “I would love to have better representation in terms of principal governors.”
Friday on 92.9 FM ESPN's Jason & John Show the guys talked about the extreme value and amount of return on these franchise purchase/sales: