MJ was one of the greatest, probably the greatest ever basketball player ever lived, but he is definitely not a good owner at all by the looks of how the team has done since he took over.
It's worth noting that the Hornets have always been the underdog, even when Jordan wasn't the owner and the team was called the Bobcats. They've never won a championship, a conference, and a division. Besides, they've only reached the playoffs 3 times in the last 18 years. So even if Jordan really wants to improve the Hornets' results, he will need to invest a lot more money and time.
Exactly!
There is a huge difference between being a great player and to become a great owner.
There's nothing much an owner can do if there's not enough funds to attract good players in comparison with the well established teams, and good players does not play for a team who's struggling to get to the playoffs and receiving lesser contract.
The Charlotte Hornets needs to have a pick like they did in 96. However, I think they are really terrible in building a good team lol.
Funds are very important when it comes to wanting an NBA team to prosper. Michael Jordan is only valued at over a billion dollars (not bad for an athlete) which isn't that rich compared to the other team owners. Although most of these teams have minority-owner partners too and they are part of the decision-making when it comes to money.
But there are major owners too that aren't that rich just like the Golden State Warriors. The difference is they are too willing to risk hundreds of millions of dollars yearly for the success of their teams. They don't care about their supposed yearly dividends, but they're banking on the value of their teams.
Michael Jordan is a proven successful businessman by growing his money into billions. He might not have a great NBA team but pretty sure he is harvesting millions of dollars yearly. GSW's major owner is banking on its team's value, but what happens 5 to 10 years from now when its superstars are gone? There's the risk of losing the value of his team and not being able to harvest dividends over the years. While Jordan is earning hundreds of millions or even a billion already by that time. But this remains to be seen as to who's the smartest businessman between GSW and Hornets owners. But as to who's the better team, GSW is miles ahead of Charlotte.
Another factor that cannot be missed is their location. There is no doubt that places like Los Angeles, San Francisco, Houston, Miami, etc are great cities compared to freezing Toronto and the smaller cities.