After leading the Charlotte Hornets from the front office for the past 17 years, Michael Jordan sold his majority stake in the franchise earlier this year for three billion dollars. While there is still no real answer as to why he decided to step away from ownership, Jordan is now reportedly making his way back to his former team’s city.
Four months after the sale of the Charlotte Hornets franchise, an ESPN employee has now reported that Michael Jordan will be organizing an event in Charlotte next week.
Michael Jordan is returning to the Hornets’ city
Myron Medcalf, who works as a college basketball reporter at ESPN, recently posted on social media that he would be working with Michael Jordan in Charlotte next week. Since Jordan currently lives in Jupiter, his Florida mansion, the event will also be held in Florida.
While remembering his friend Ed Aschoff, a former ESPN reporter who passed away a few years ago, Medcalf revealed that he would be at the Michael Jordan-held event in Charlotte before making his way to Florida.
Medcalf wrote, “I never know when to post each year, but next week, I’m working this Michael Jordan event in Charlotte that includes Florida, Ed Aschoff’s alma mater. Been nearly 4 years since we lost Ed. Not sure how to feel about the gig, honestly. Love you, Ed. Miss you. Black Actors Forever.“
Michael Jordan sold his majority stake in the Charlotte Hornets franchise before the 2023–24 season began. After selling his stake for over 3 billion dollars, only time will tell what this return to Charlotte has in store for the fans.
Jordan’s disappointing management role began with the Washington Wizards
Jordan did not have as much success as he had as a player, in the management role. During his time with the Charlotte Hornets, Jordan racked up a losing record of 567–784. But it is to be noted that fans should have seen this coming after his time with the Wizards.
Jordan did not have the same instincts he did during his playing days, as he drafted Kwame Brown with the first overall pick while he was working for the Washington Wizards. He also allowed a young Rip Hamilton, to be traded from the team. For almost a decade, the Hornets were a struggling franchise until recently, when they finally started drafting good players and were climbing up the NBA hierarchy. But right as this was happening, Michael Jordan exited his role as majority owner of the team as he revealed that he wanted to spend more time with his family.