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Started By
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Jordan to sell majority stake in Hornets for $3,000,000,000
Posted on 6/16/23 at 7:03 pm
Posted on 6/16/23 at 7:03 pm
11
Posted on 6/16/23 at 7:06 pm to sparkinator
I heard he's in DEEP gambling on the golf course. Millions and millions. A junky like Mike cant have enough cash. He will lose it.
This post was edited on 6/16/23 at 7:09 pm
Posted on 6/16/23 at 7:09 pm to Strannix
By the time he pays his taxes, he’ll barely break even. 
Posted on 6/16/23 at 7:10 pm to sparkinator
Word is he has gambled all the Nike money off
Posted on 6/16/23 at 7:11 pm to sparkinator
I don’t get this. Nobody willingly sells professional sports franchises anymore.
Posted on 6/16/23 at 7:12 pm to sparkinator
How quickly will he gamble it away?
Posted on 6/16/23 at 7:12 pm to beaverfever
Well when option B is having your legs broken......
Posted on 6/16/23 at 7:15 pm to Strannix
Yeah something isn’t right. Dude should be worth more money than God. He’s apparently made some really bad financial decisions.
Posted on 6/16/23 at 7:16 pm to Strannix
You know you have a disease when you have that much money and still feel the need to gamble.
Posted on 6/16/23 at 7:16 pm to Strannix
Michael Jordan could go down as one of the worst owners of all time
Zero playoff series wins
Only made the playoffs twice in 12 years. Woof
Zero playoff series wins
Only made the playoffs twice in 12 years. Woof
Posted on 6/16/23 at 7:16 pm to PeteRose
He's a degenerate gambler, its sad
Posted on 6/16/23 at 7:18 pm to Strannix
quote:
He's a degenerate gambler, its sad
At least he didn’t bet against his team like I did.
Posted on 6/16/23 at 7:20 pm to PeteRose
quote:
You know you have a disease when you have that much money and still feel the need to gamble.
Jordan is a psychopath
He was just able to channel that into elite basketball play
Posted on 6/16/23 at 7:22 pm to PeteRose
He will whiz through the money
This post was edited on 6/16/23 at 7:23 pm
Posted on 6/16/23 at 7:27 pm to lsupride87
quote:And yet 10-20X on his investment.
Michael Jordan could go down as one of the worst owners of all time
Zero playoff series wins
Only made the playoffs twice in 12 years. Woof
Posted on 6/16/23 at 7:37 pm to Big Scrub TX
Exactly lol
Posted on 6/16/23 at 7:47 pm to sparkinator
$3 billon dollar valuation, not $3 billion dollars.
How much he makes depends on what percent of the franchise he owns. If he owns 90%, yea, that’s one hell of a return. If he owns 10%, that’s not much better than a basic treasury bond
How much he makes depends on what percent of the franchise he owns. If he owns 90%, yea, that’s one hell of a return. If he owns 10%, that’s not much better than a basic treasury bond
Posted on 6/16/23 at 7:48 pm to lsupride87
quote:
Michael Jordan could go down as one of the worst owners of all time
And one of the best sports financial connoisseurs of all time. He changed the game of sports money.
Dude is a billionaire and has mounds of money pouring in daily.
This post was edited on 6/16/23 at 7:49 pm
Posted on 6/16/23 at 7:50 pm to sparkinator
Lebron will be a better owner
Posted on 6/16/23 at 7:51 pm to SlowFlowPro
quote:
You know you have a disease when you have that much money and still feel the need to gamble.
Jordan isn't the only extremely wealthy person to gamble like crazy. It's not about the money and it's not surprising at all from someone as super competitive as him.
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