Along with his generational skill set, Michael Jordan's competitiveness and drive separated him from everybody else on the court.
Basketball fans have been able to get a close-up look at the NBA icon and his work ethic through The Last Dance, the ESPN miniseries that chronicles the Chicago Bulls' 1997-98 championship season.
Jordan, simply put, was only used to winning throughout his playing career. Just look at the six NBA championship rings and all the other playoff runs he led the Bulls on.
Unfortunately for Jordan, there hasn't been a whole lot of celebrating during his first 10 years as owner of the Charlotte Hornets. The team has only made the postseason twice dating back to 2011, and they haven't won a single playoff series.
On the bright side, becoming the Hornets' owner was an ultra savvy business decision on Jordan's end. He purchased the team from Bob Johnson for $180 million, and the team is now worth $1.5 billion, according to Forbes.
But again, we are talking about the GOAT of basketball here. Jordan is still super competitive as an owner, and apparently, he's unhappy with the fact that his Hornets cannot compete with the dynastic Golden State Warriors from a valuation standpoit.
This is what veteran sportswriter J.A. Adande explained to Tom Haberstroh on The Habershow (h/t Drew Shiller of NBC Sports Bay Area):
"He can't compete with the Warriors and the Joe Lacob's and the Peter Guber's and all these tech guys that are coming in. He can't compete in that realm. Financially -- as successful as he's been -- this is a whole different level that these tech guys and these venture capital guys are playing at.
And it frustrates him to no end that he can't play at their level, when his whole life he's used to playing at levels higher than everybody else. He can't beat them in this realm."
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That sounds like M.J., alright. The guy just wants to be above his competition. Nothing wrong with that.
Just nine years ago, the Warriors were valued at $363 million. Now, Forbes values them at $4.3 billion. Only the Los Angeles Lakers ($4.4 billion) and New York Knicks ($4.6 billion) are worth more. Obviously, the dynastic run that saw them reach the finals five consecutive years (2015 to 2019) with three NBA Championships has helped the Warriors.
If Jordan and his Hornets can one day turn it around on the court the way the Warriors did in the second half of the 2010s, they should also see another major boost in value. His franchise is already worth way more than anybody could have imagined a decade ago.
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