In 2006, Michael Jordan became minority owner and general manager of the American basketball team the Charlotte Bobcats (now known as the Charlotte Hornets). In October 1993, Jordan announced his retirement from the game due to the loss of desire. In 2006, Jordan joined the Charlotte Bobcats as a minority investor alongside BET founder Robert Johnson. Jordan became the majority owner in 2010. Jordan is part-owner of … Michael Jordan delivers his speech upon being enshrined to the Naismith Memorial Basketball Hall of Fame as part of the class of 2009. Michael Jordan ate the same meal four hours before every game. Michael Jordan: Since officially retiring from the NBA in 2003, Michael Jordan has gone on to have great success in the business world. In retirement, he also managed to get into an elite group by becoming an owner of an NBA team, the Charlotte Hornets. Picture: The legendary basketball player Michael Jotrdan is the owner and chairman of NBA team Charlotte Hornets. In March 2010, Jordan became the majority owner of the Charlotte Bobcats (now called the Hornets), after four years as part of the team’s ownership group and its Managing Member of Basketball Operations. During his playing career, Michael Jordan, a guard, was an exceptionally talented shooter and passer and a tenacious defender. In March 2010, Jordan became the majority owner of the Charlotte Bobcats (now called the Hornets), after four years as part of the team’s ownership group and its Managing Member of Basketball Operations. Michael Jordan made less than $100 million as the NBA's greatest player of all time, but that hasn't stopped him from becoming a billionaire with an estimated net worth of $1.6 billion. In 2010 the NBA Board of Governors approved Jordan's $275 million purchase of the team (the team changed its name to the Hornets in 2014). Since 2006, Jordan held a minority ownership stake in the then-Charlotte Bobcats. MJ rose to stardom for his ability to hit clutch shots in college at … Who is the GOAT of the NBA? Yvette Prieto and her husband and owner of the Charlotte Hornets, Michael Jordan, watch on during their game against the Atlanta Hawks at Time Warner... Yvette Prieto and Michael Jordan attend the Cincoro Tequila launch at CATCH Steak on September 18, 2019 in New York City. Wealth … You can start with the six NBA championships, five MVP awards and 14 All-Star Game selections, or you can compare the billionaire Charlotte Hornets (formerly the Bobcats) owner’s net worth to LeBron James’ fortune and base your opinion off that. His father's murder was one of the main reasons behind retirement. ... Jordan bought a share of his home state’s Charlotte Bobcats, nee Hornets, in 2006, and joined its executives as managing member of baseball operations. Karl-Anthony Towns (Minnesota Timberwolves) shared what Chicago Bulls legend (and current Charlotte Hornets owner) Michael Jordan told him at the All-Star Game. Tucker was seen practicing in the Air Ships before the Heat’s matchup against the Charlotte Hornets on Tuesday night. Jordan, who owns the Charlotte Hornets, agreed to sell a minority stake in a 2019 deal that valued the NBA team at $1.5 billion. More interesting facts about Michael Jordan about his life and basketball career. What was Michael Jordan's nickname? Robert L. Johnson, co-founder of BET, former majority owner of then Charlotte Bobcats, first black American billionaire; Michael Jordan, former professional Hall of Fame basketball player, principal owner & chairman of the Charlotte Hornets; Herman Lay, involved in potato chip manufacturing with his eponymous brand of Lay's potato chips That time Michael Jordan bought the Charlotte Hornets It was back in 2010 when Jordan took a step into the realm of ownership. The documentary series The Last Dance may focus on Michael Jordan's time in Chicago, but today ... one in North Carolina and one in Chicago. Michael Jeffrey Jordan was born in Brooklyn, New York on February 17, 1963. Michael Jordan, long-time owner of the Hornets, has decided to once again unretire and grace the hardwood with his presence for one last dance. Jordan, who owns the Charlotte Hornets, appears to have been upset about his team’s game against Towns and the Wolves on Feb. 15. Source: Pinterest. ... Bought part-ownership of the Charlotte Bobcats (now the Charlotte Hornets) from majority owner Robert L. Johnson in June 2006. Anyway you slice it, Michael Jordan is the greatest. Michael Jordan is a trailblazer when it comes Black ownership in professional sports. Michael Jordan: Since officially retiring from the NBA in 2003, Michael Jordan has gone on to have great success in the business world. 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