Suffering Tragic $60,000,000 Loss, Dwayne Johnson Turns to Michael Jordan’s $2.8 Billion Profit That Widened LeBron James Net Worth Gap

Last week, NBA legend Michael Jordan penned a historic deal as he sold his majority stake in the Charlotte Hornets. The 7th most expensive sports sale in history churned an impressive amount of $3 billion. According to experts, Jordan is going to gain almost 66 percent of that amount, thus widening the gap between himself and billionaire NBA icon LeBron James even more.

On the other hand, fresh from a $60 million hit, Dwayne Johnson kept a close eye on the deal and even looked impressed by it. While the said deal won’t benefit Johnson straight away, it might come in handy for the XFL co-owner.

Michael Jordan dunks on LeBron James once again

Jordan and James are the two generational superstars in the NBA, who regularly feature in the GOAT debate. While Jordan has an envious possession of six championship rings, two more than King James, the 38-year-old is the league’s highest scorer, surpassing Lakers legend Kareem Abdul-Jabbar earlier this year.

Financially, both Jordan and James are billionaires. James’ net worth is reported to be $1 billion, while Jordan’s is double that, or was! After the Hornets’ sale, he reportedly added $2 more billion to his stack. This is where Dwayne Johnson can learn a thing or two from Air Jordan.

He paid $275 million in 2010 to acquire a majority stake in the NBA team. Thirteen years later, he sold it for $3 billion, earning a whopping $2.8 billion. According to investor Joe Pompliano, Jordan has made more money with the Hornets in one-third of the time than he did with his 40-year partnership with Nike, which is valued at $1.8 billion.

What makes it even more impressive is that Jordan got the value despite his team’s underwhelming performance throughout his stint. As Pompliano broke down the elements of the deal and simplified it on Twitter, Johnson was left impressed.

The XFL co-owner tweeted special praise for him. In return, Pompliano promised to do a similar breakdown on Johnson featuring the minor American football league.

Read More: Amidst Tragic $60M Loss, Dwayne Johnson Gives XFL Reins to Co-owner and Ex-Wife Dany Garcia After Absence From XFL Combine

Meanwhile, it’s not all doom and gloom for the XFL at the moment.

XFL lives up to its promise after the first full season

Shortly after buying the league, Dwayne Johnson termed his new acquisition as the ‘league of opportunities’. While the XFL has of late attracted criticism due to the job cuts and losses, there’s also a reason to celebrate the league.

According to reports, over 20 XFL players have been signed by various NFL teams after the first season. This is certainly a big positive for a league that managed to have a complete first season in 2023.

Johnson can also take a leaf out of Jordan’s page and use it to enhance the monetary aspect. He’s also inching towards the billionaire club and who better to have as a role model than an athlete himself?

So, what’s your view on Michael Jordan’s current deal? What would you want Dwayne Johnson to pick out from it? Let us know in the comments.

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