---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000849468.md"
description: "The most successful thing Michael Jordan ever did wasn't basketballMichael Jordan bought a majority stake in the Charlotte Hornets for $275,000,000 in February 2010. The best player of his generation is now the man in chargeWhat happened next wasn't pretty:• 2010: Buys 80% of the Hornets for $275M• 2011-12: Finishes 7-59, worst record in NBA history at the time• 2012: Season finale, crowd boos his face on the jumbotron• 2014: Franchise rebrands from Bobcats to Hornets• 2010-2023: Goes 423-600, zero playoff series wins• 2023: Sells majority stake in a deal valuing the team at $3B, keeps a minority stakeHe made ~$1,500,000,000 after the sale and kept minority share"
datetime: "2026-08-11T15:57:05.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000849468.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000849468.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000849468.md)
author: "[Michael Burry Tracker](https://longbridge.com/en/profiles/17582432.md)"
generator: "portal-rs"
---

# The most successful thing Michael Jordan ever did …


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**