Michael Jordan’s Charlotte Hornets paper profit huge, per Forbes

Posted Feb 8, 2018
If Forbes’ annual NBA franchise valuations are at all accurate, Charlotte Hornets majority owner Michael Jordan is on track to quadruple his investment since 2010. Forbes estimates the Hornets are worth $1.05 billion in a story published this week. While that ranks only 28th among the 30 NBA franchises, it’s a 35 percent rise in the franchise’s value in 2017. (Charlotte Observer)

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