44YO NBA Legend Blasts Michael Jordan and Other Billionaires Over Franchise Ownership: ?Haven?t Made the Playoffs in 15 to 20 Years?

Throughout NBA history, only two legends, Michael Jordan and LeBron James, have achieved billionaire status. However, Jordan’s net worth far exceeds that of the much younger James. A fraction of his incredible wealth traces back to his NBA ownership as well. While his dream of securing ownership rights to the Chicago Bulls only ended as a dream, he got his hands around North Carolina-based Charlotte Hornets and made millions out of it.

Following the $3 billion sale of the Hornets, Jordan significantly bolstered his net worth, creating a dispute among fans and media about whether his ownership was only motivated by increasing wealth.

Is NBA team ownership only a pastime to the owners?

During a recent appearance on Patrick Beverley’s podcast, NBA legend Tracy McGrady shared his candid thoughts about some team owners’ motivations in the league. According to him, every organization is not driven by the desire to win an NBA championship.

He highlighted the possibility that for certain owners, owning an NBA team might simply be a hobby gig, with the primary focus being on making money rather than achieving success on the court. He asserted, “If they’re trying to win a championship and they haven’t made the playoffs in 15 to 20 years… Come on man!”

To justify his point, McGrady said, “Every organization is not trying to win a championship in the NBA.”?

McGrady asserted that some NBA team owners may view their ownership as a side venture, looking to break even and maximize their financial gains rather than prioritizing championship success. He pointed out that several teams have consistently failed to compete or make the playoffs for extended periods, raising questions about their true ambitions.

According to the 44-year-old NBA star, if these organizations were genuinely committed to winning a championship, they would need to make significant changes and overhaul their decision-making processes.

The Houston Rockets legend added, “This is like they own an NBA team, it’s just a hobby game for them they made money somewhere else...”

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Does the Rockets legend put Michael Jordan in the same category?

The conversation delved into the case of NBA legend Michael Jordan, who owned the Charlotte Hornets for a considerable period. The hosts pondered whether MJ’s ownership could be seen as simply being content with having a team or if he was genuinely striving for success.

McGrady acknowledged that during Jordan’s tenure, the ‘Bobcats’ had opportunities to acquire talented players but overlooked them, ultimately failing to elevate the franchise.

McGrady explicitly stated, “Jordan’s era of being the owner of the Bobcats has been great players that could have changed that franchise around but they didn’t they passed, they overlooked certain players.”

The host also chimed in, expressing frustration at the missed opportunities and the need for better decision-making within such organizations.

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