The Chicago Bulls hit the jackpot by drafting Michael Jordan, using the third overall pick in the 1984 NBA Draft. It turned out to be a legendary decision by the franchise as Jordan led them to six NBA Championships.
After retiring from the league, Jordan stayed in touch with the NBA as the owner of the Charlotte Hornets. MJ recently sold his majority shares of the franchise for $3 billion. Now, many are wondering if ‘His Airness’ will purchase the team that drafted him in 1984. Well, it’s certainly a possibility, as Jordan expressed his desire to own the Bulls in a one-on-one interview with Marvin R. Shanken in 2005.
“I would love to own the Chicago Bulls because of what the franchise provided to me,” Jordan told Shanken. “It would give me the opportunity to move it further into a successful program. But I do understand that Jerry Reinsdorf is a good owner. He is a very good businessman. He has a family that enjoys the game of basketball. And I totally understand his maintaining his ownership of the Bulls.”
Jerry Reinsdorf has served as the owner of the Chicago Bulls since 1985. Reinsdorf has overseen the highs and lows of the franchise. From Jordan leading the team to six titles to Derrick Rose’s rise to stardom.
Jordan could be the perfect person to fill in Reinsdorf’s footsteps. He certainly has the wealth to acquire the organization after the sale of the Hornets.
Should Michael Jordan Purchase The Bulls?
Michael Jordan is a legendary figure for the Bulls. He brought immense success to the team during his playing days.
However, the GOAT’s stint as an executive and owner has been far from impressive. So much so that NBA analyst Marc Stein issued a warning to the Bulls about hiring Jordan as the GM of the Bulls in 2003.
As for MJ’s stint as the owner of the Hornets, he made some very questionable decisions. The Hornets only made it to the playoffs twice during his 13-year stretch as the owner. Moreover, they blew several chances of drafting quality players in the draft.
Keeping that in mind, the Bulls shouldn’t be sold to Michael Jordan, regardless of his achievements as a player for the team.
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