Following the $3,000,000,000 Hornets Sale, Michael Jordan Further Pushes Away LeBron James From Reaching His Extortionate Net Worth

In the history of the NBA, only two greats have managed to surpass the billionaire mark; Michael Jordan and LeBron James. Yet Jordan’s net worth is far ahead of the much younger James. With MJ extortionately increasing his net worth with the $3 billion sale of the Charlotte Hornets, the 6x NBA Champion further distanced himself from his peers, specifically King James.

Though the legends are dominating in their own ways, leaving a lasting impact, their fans often passionately squabble over them. While Jordan and LeBron James have been pitted against each other for the longest, these legends just keep pushing their limits.

Michael Jordan further stretches the gap between him and LeBron James

We can make a case for the Charlotte Hornets being the biggest letdown in Jordan’s career. After all, The Hornets were the only team to never reach the playoffs for seven consistent seasons. However, in reality, it wasn’t all bad. Yes, Jordan’s NBA venture failed on the court, but in terms of business, ‘MJ’ is all smiles.

Jordan bought a majority stake in the Hornets for $275 million in 2010. This purchase made him the only Black majority owner of a sports?franchise at that time. And now, it has ended up paying him over $2 billion post-sale in just 13 years. This may go down in history as one of the best deals ever made. And who better to execute such a GOAT deal than Jordan?

On the other hand, LeBron has also taken huge strides as a business owner. In June 2022, he was the first active NBA player to become a billionaire. With a difference of a billion dollars in his net worth from Jordan’s, his surpassing the 60-year-old was somewhat looking like a possibility. However, with this massive $3 billion Hornets deal, Jordan took a giant leap.

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As a majority owner, his estimated share from the sale will be around $2 billion. Add that to his already humongous $2 billion net worth as per ‘Forbes’ and suddenly, there’s no competition anymore. Although with King James, one thing’s for sure, if he wants to chase the multi-billionaire, he will. Regardless of how close he will get to the 5x MVP, Jordan holds a solid lead as of now.

Is LeBron James following Michael Jordan’s steps?

The 6x NBA champion is often compared to LeBron James for the GOAT title. Although this is a never-ending debate, chasing someone like Jordan isn’t a task for everyone. Several aspects of King James’ career suggest that he is following in the footsteps of the Bulls legend. Both of them have invested in similar businesses, such as tequila, restaurants, etc.

It is also because Jordan was the one who started the trend of athletes being much more than just their on-court personality. So every other athlete to come after him will follow his blueprint in order to succeed on and off the court.

Do you think LeBron will be able to surpass MJ after this deal? Let us know in the comments.

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