CHARLOTTE, N.C. (WBTV) - The same day that the Charlotte Hornets announced that the franchise’s sale had been finalized, the team’s new majority owners were introduced in a press conference.
Rick Schnall and Gabe Plotkin took the podium for the first time as majority owners Thursday afternoon inside the Spectrum Center, and as Schnall put it, “couldn’t be more excited” to have been there.
The men take over the team’s majority ownership stake that was previously held by NBA legend and North Carolina native Michael Jordan. Jordan had been the majority owner since 2010, and was instrumental in bringing the Hornets moniker back to Charlotte.