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re: Jordan to sell majority stake in Hornets for $3,000,000,000
Posted on 6/17/23 at 6:49 am to Swamp Goat
Posted on 6/17/23 at 6:49 am to Swamp Goat
quote:
Do people in this thread m really believe Jordan is hurting for money? Is this a serious conversation? The money that pours in from Nike annually alone is enough for him to gamble damn near whatever he wants. He’s probably just tired of doing a shitty job as an owner and owning a shitty franchise
This thread is full of some dumbass ignorant takes. Dude is and always will be swimming in money. He even has a successful restaurant in Jupiter that Ernie Els and some other golfers own that has a VIP club with people lining up to pay $100k to join. Not even counting the hundreds of millions from Nike every year.
1
Posted on 6/17/23 at 7:27 am to tigerpimpbot
quote:
This thread is full of some dumbass ignorant takes. Dude is and always will be swimming in money. He even has a successful restaurant in Jupiter that Ernie Els and some other golfers own that has a VIP club with people lining up to pay $100k to join. Not even counting the hundreds of millions from Nike every year.
He's not broke or anywhere close and you're right, he likely never will be.
With that being said don't underestimate how easy it is for someone playing Jordan-like money games to become broke. The more money you have, the more expensive your tastes become...the more expensive your mistakes become.
Most lottery winners don't go broke on McDonald's or buying too many clothes.
Most lottery winners go broke because of the big purchase items (too many houses and cars).
Now Jordan isn't an idiot but the right combo of losses might have prompted this sale.
This post was edited on 6/17/23 at 7:34 am
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