News broke recently saying that Michael Jordan could be selling his majority stake in the Charlotte Hornets. Jordan may have been the greatest player ever, but his tenure as owner wasn’t very successful.
While Michael Jordan has caught a lot of criticism for his time as owner of the Hornets, that does not take away from his greatness overall. But Colin Cowherd went at the GOAT, claiming that he has failed a lot.
(starts at 4:46 minutes)
https://www.youtube.com/watch?v=HJCDzJl2MQs
“I was as big of a fan as anybody of Michael Jordan,” Cowherd said. “But lost in all of this, in highlight culture, is you never see Michael’s misses. It should be noted, he didn’t win squat before Scottie Pippen. He just scored a lot and alienated teammates. He failed at baseball. He failed badly with the Wizards. He failed with the Hornets.
“Michael Jordan, take away David Stern, Phil Knight, and Phil Jackson, is a really, really talented basketball player that ends up averaging more points without the titles.
“Great players often make terrible coaches and terrible executives, and we now know, bad owners… For all the mythology, he failed at baseball, he failed at owning a team, he failed with the Wizards and all he did was score points and alienate people when he got to Chicago.”
This is a wildly absurd take, to say the least. Michael Jordan was the main driving force behind all the success that the Bulls enjoyed in the 90s. By the time he played for the Wizards, Jordan had retired twice already and was 38 years old on a poor NBA team. To suggest that his immense success is only thanks to the people that were around him is patently false.
Michael Jordan Could Make $1.77 Billion On A $180 Million Investment
The Charlotte Hornets are valued at just over $1.7 billion. While it’s true that Jordan’s tenure as the owner hasn’t ever seen them cross the first round of the playoffs, he still stands to make an incredible return on his initial investment.
Michael Jordan is one of the most successful businessmen in the world, and right at the top when it comes to building an empire as an athlete. Things may not have panned out on the court, but he will be making nearly 10 times the amount by selling his stake in the Hornets. If that’s a failure, most people in the world are likely dying to fail.
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