Good God

Michael Jordan owns approximately 90 percent of the Charlotte Hornets with the current estimated value of the team at $1.2 billion.

The NBA approved the purchase of the Hornets by Jordan with just $30 million in cash. The then-Bobcats were valued at $275 million at the time of purchase.

The NBA almost certainly would not approve that type of deal today, but the league and global economy were both in a very different place in 2010  

The Hornets have typically operated at a loss, but league documents showed Jordan's fellow owners sent him more than $130 million in revenue assistance between 2012 and 2017.

This is a deal only a GOAT could pull off. 

In a rarity, Michael Jordan spoke publicly for 30 minutes today, touching mostly on All-Star preparations. 

He briefly discussed Hornets star Kemba Walker and settled a potential debate in only the way he can. 

MJ has a billion reasons to be psyched for All-Star weekend. 

Want More From Sports Gossip?

For all the latest breaking Sports Gossip, be sure to follow SportsGossip.com on Facebook, Instagram, and Twitter.

Up Next

Trending

maiu

Singer Ella Mai Shooting her Shot with Jayson Tatum

English R&B star Ella Mai's song "Boo'd Up" was one of the biggest hits of last year. But what you probably don't know about her, she's a baller too.  Ella was almost a professional soccer player. Maybe this is the reason she's taking an interest in Boston Celtics superstar ...read more