Michael Jordan is in the process of selling his majority stake in the Charlotte Hornets, making an incredible return on his initial investment in the team. Jordan is the GOAT of basketball, but he wasn’t able to lead his team to success in his tenure as owner.
Although most people wouldn’t count the Hornets’ failure against MJ’s legacy, some think it should. Analyst Nick Wright made the case for why it should very much make a dent in his case to be considered the GOAT.
“My entire life, when we have talked about Michael Jordan, the greatest player ever, part of the story has been about ‘and the shoes and made the bald head cool, and the marketing, and the Jumpman logo.’ It’s not the biggest part, but it’s been part of the story.
“The mystique of Jordan that even if someone ends up being better, they won’t have all of these things. Furthermore, I would posit this: If Michael Jordan’s run as an owner was dynastic.
“If it was awesome. If Jordan went from on the court to in the front office, and they reeled off championships, people would be like, ‘See, look at him; that’s one of the reasons he’s the GOAT. Everything he touches turns to gold.’
“So, when his run as owner, on the court, basketball-wise, he’s the worst in the league for 15 years, it’s gotta count a little… Or we’ve gotta take the other stuff away.”
Should Jordan’s horrific ownership tenure be held against him in the GOAT convo? Of course not. But his shoes, logo & aura should’ve never been part of the argument, either. If you want to include one, you’ve gotta include all of it. 🤷♂️🤷♂️🤷♂️pic.twitter.com/dxndzfj9lF
— nick wright (@getnickwright) June 17, 2023
It’s an interesting take to be sure, Michael Jordan’s mythology certainly benefits from the money he made and the status he achieved outside the court as well. And being an owner means you will be judged, a metric by which MJ can only be given an F grade. However, as a player, most would still agree that Jordan is very much the GOAT.
Michael Jordan’s Tenure As Hornets Owner Was Quite Poor
From a business perspective, Michael Jordan made a killing off of his investment in the Hornets. An initial $275 million has turned into $3 billion, per reports. That is astounding. But it doesn’t take away the fact that the Hornets were really bad during that time.
The Charlotte Hornets never finished higher than the 6th seed in the East, they only made the playoffs thrice, and they never won a series. They have gone seven straight seasons without making the playoffs as well. It’s up to individuals in terms of how this makes them feel about MJ, but he undoubtedly could have done better in this regard.
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