When Michael Jordan finalized the sale of his controlling majority stake in the Charlotte Hornets to an investment group led by Gabe Plotkin and Rick Schnall, the valuation agreed upon for the transaction was approximately three billion dollars. This represented an extraordinary financial return on his initial investment from 2010, when he originally purchased his majority share for roughly two hundred and seventy-five million dollars, marking nearly a tenfold increase in franchise value over his thirteen-year tenure as principal owner.