Michael Jordan is one of the most iconic figures in sports history, but does Michael Jordan own the Hornets today. This question often arises among basketball fans curious about the business side of the NBA.
Understanding the ownership timeline and current structure helps clarify Jordan’s role with the franchise now and in the past.
| Owner | Period | Key Notes | Stake Type |
|---|---|---|---|
| George Shinn | 1987–2002 | Original owner, relocated team from Charlotte to New Orleans in 2002. | Founder |
| Robert Sarver | 2002–2023 | Owner after purchase from Shinn, oversaw Hornets era in Charlotte. | Controlling Owner |
| Gabe Plotkin & Rick Schnall | 2023–present | Current ownership group acquired majority control in 2023. | Managing Partners |
| Michael Jordan | Never | Jordan was partial owner under earlier affiliation but does not own the Hornets now. | Former Minority Stake (historical) |
Michael Jordan Historical Ownership Role
During the late 1990s and early 2000s, Jordan transitioned from basketball legend to executive roles, leading to minority investment in the Washington Wizards. This period sometimes creates confusion about a stronger Hornets connection.
Charlotte Hornets Ownership Timeline
Tracking the franchise from its relocation through multiple ownership changes shows why Jordan is remembered differently than the current structure.
Current Hornets Ownership Structure
The 2023 transaction brought new leadership to the front office, with Plotkin and Schnall guiding basketball and business decisions in Charlotte.
Clarifying the Ownership Question
Despite Jordan’s legendary status, he does not own the Hornets under any active agreement or recent transaction.
FAQ
Reader questions
Did Michael Jordan ever own the Charlotte Hornets?
No, Jordan never owned the Hornets; he held a minority stake in the Washington Wizards at most.
Who owns the Charlotte Hornets now?
The Hornets are currently owned by a group led by Gabe Plotkin and Rick Schnall, who gained control in 2023.
Was Michael Jordan involved in Hornets decisions?
Jordan has not been involved in Hornets management or basketball operations at any point.
Why do people think Jordan owns the Hornets?
The association likely comes from Jordan’s high-profile ownership of the Washington Wizards and his iconic brand in North Carolina.