Michael Jordan Nba Team Owner. Michael jordan s ownership of the charlotte hornets not only has helped make him a billionaire but with the ascent of nba team values is paying him fat dividends along the way. Michael jordan will sell a portion of the hornets to two new york based investors but will remain majority owner the team announced in a statement on saturday.
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Michael jordan will sell a portion of the hornets to two new york based investors but will remain majority owner the team announced in a statement on saturday. Michael jordan micky arison and the world s 16th richest person steve ballmer are amongst the nba s billionaire club owners. Jordan the nba s only black team owner and chairman of its labor relations committee reportedly served as a voice of reason during the franchise owner meetings urging the other team.
After a hall of fame career jordan is the first former player to become the majority owner of an nba team.
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