Michael Jordan as a player is easily the best athlete in NBA history. But when it comes to Jordan as an owner/executive, his track record isn’t nearly as impressive.
Since buying the Hornets in 2010, the franchise has been a total dumpster fire and he’s been getting a lot of heat for it.
But in a segment on the ‘Know Mercy’ podcast, Stephen A. explained that Jordan’s success as a player may be the reason why nobody wants to do business with him as a team owner/governor.
“Before we’re ultra critical of this dude is to understand that Michael Jordan ruined a lot of careers,” Smith said. “There’s a whole bunch of people that never won because of Michael Jordan. The players weren’t the only careers that he messed with. You know how many executives Michael Jordan denied an opportunity to house a championship trophy? Once Michael Jordan became an owner, how many people you think were interested in helping him do business? They were ready to abuse him at every turn because they couldn’t do anything against him on the basketball court. He wasn’t free to just pick the best basketball candidates and the best basketball minds. He had to pick people he could personally trust. That had to take precedence and priority because the overall Jordan brand had to be protected. I believe that firmly got in the way.”
I believe there is A LOT more to the story of Michael Jordan’s struggles as an owner than it may seem…MJ ruined a lot of careers…and has faced unique problems as an owner as a result.
New episode of @KnowMercyPod here: https://t.co/VtZEne5GBo pic.twitter.com/BwcLGiddbV
— Stephen A Smith (@stephenasmith) March 24, 2023
Revenge is a powerful motivator in the world of sports, so it’s not crazy to think that many of the players Jordan beat in the league continue to hold a grudge against him today.
Either way, his tenure as the owner has been a total failure, and this season’s abysmal 23-51 record is proof of how bad things have been.
Jordan Considering Selling His Stake In The Hornets
Interestingly, MJ may be on the verge of moving on from the Hornets. After years of failed rebuilds, recent reports indicate that Jordan could sell his stake and walk away with over $1 billion.
“Jordan bought the team for $180 million in 2010, and the current value would see him earn a whopping $1.77 billion in return, along with him maintaining a minor stake in the franchise,” reported Adrian Wojnarowski. “The outlet also reported a comment from MJ’s family office, Jump management: ‘We don’t comment on rumors and speculation.'”
Obviously, only MJ knows where he stands in all of this but it’s undeniable that the Hornets have struggled under his guidance.
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