Basketball
The NBA Board of Governors has approved the sale of the Hornets
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The NBA’s Board of Governors has approved the sale of the Charlotte Hornets to a bunch led by Rick Schnall and Gabe Plotkin, clearing the technique to finish Michael Jordan’s 13-year run as majority proprietor, ESPN’s Adrian Wojnarowski tweets.
The accomplished sale of the group – bought at an approximate $3 billion valuation – will likely be executed in the subsequent one-to-two weeks.