The Charlotte Hornets are an American professional basketball team based in Charlotte, North Carolina. The Hornets compete in the National Basketball Association (NBA), as a member of the league's Eastern Conference Southeast Division. The team is largely owned by former NBA player and North Carolina native Michael Jordan, who acquired controlling interest in the team in 2010. The Hornets play their home games at the Spectrum Center in Uptown Charlotte.

Is the following statement correct based on the text

is michael jordan sole owner of the hornets
no