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  1. Aug 3, 2023 · August 3, 2023 – Hornets Sports & Entertainment (HSE) announced today that the sale of the majority stake in the Charlotte Hornets from Michael Jordan to a group led by Gabe Plotkin and Rick...

  2. Aug 4, 2023 · New Charlotte Hornets co-owners Rick Schnall and Gabe Plotkin each discussed how they plan to make the Hornets a perennial winner and the importance of improving the overall game experience for fans.

    • Who Is Gabe Plotkin?
    • Who Is Rick Schnall?
    • Other Minority Owners of The Hornets Include J. Cole, Eric Church

    Plotkin was previously a minority owner with the Hornets. He began purchasing shares of the team back in 2020. According to Sportskeedia, Jordan and Plotkin have been investing partners previously. They allege that Plokin lost $500 million of Jordan's money. Plotkin made his fortune as the founder and Chief Investment Officer of Melvin Capital, whi...

    Schnall previously was a minority owner of the Hawks. He bought a piece of the team back in 2015 as part of the group led by current owner Tony Ressler. He is now in the process of selling his ownership stake in the Hawks. Schnall built his fortune as the co-president of private equity firm Clayton, Dubilier & Rice in New York, where he has worked ...

    Along with Plotkin and Schnall, other minority owners include Dan Sundheim, Ian Loring, Dyal HomeCourt Partners, North Carolina natives recording artist J. Cole and country music singer-songwriter Eric Church, and several local Charlotte investors, including Amy Levine Dawson and Damian Mills, per the Hornets PR release.

    • Stephen Noh
  3. Aug 3, 2023 · Gabe Plotkin and Rick Schnall officially acquired the majority stake of the Hornets from six-time NBA champion Michael Jordan on Thursday, bringing new thoughts and ideas on how to rebuild a franchise that hasn’t been to the playoffs in the last seven seasons.

    • AP Sports Writer
  4. Aug 3, 2023 · Rick Schnall and Gabe Plotkin bought the Hornets from Michael Jordan. Who are the new owners? What is their background?

  5. Aug 10, 2023 · Jordan will stay on as a minority partner, but financiers Gabe Plotkin and Rick Schnall are now the lead owners, known as governors in the NBA. Plotkin and Schnall preside over a 20-person...

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