The most successful thing Michael Jordan ever did wasn't basketball
Michael Jordan bought a majority stake in the Charlotte Hornets for $275,000,000 in February 2010. The best player of his generation is now the man in chargeWhat happened next wasn't pretty:• 2010: Buys 80% of the Hornets for $275M• 2011-12: Finishes 7-59, worst record in NBA history at the time• 2012: Season finale, crowd boos his face on the jumbotron• 2014: Franchise rebrands from Bobcats to Hornets• 2010-2023: Goes 423-600, zero playoff series wins• 2023: Sells majority stake in a deal valuing the team at $3B, keeps a minority stakeHe made ~$1,500,000,000 after the sale and kept minority share
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