Tag: michael jordan
Many NBA fans (casuals and diehards) have a bone to pick with All-Star weekend. When you ask them, they say a big reason for their distaste for the midseason classic is that the All-Star Game (the main event) has lost its luster. A common complaint about the game is that none of the players take […]
Depending on who you ask, Michael Jordan is the greatest basketball player to ever grace the hardwood. And since he hasn’t laced them up in nearly 21 years, items from his playing days are very valuable collector’s items, including this one piece of memorabilia that may end up selling for 80,000 dollars. The Sacred Box […]
In August, Michael Jordan completed the sale of his majority stake in the Charlotte Hornets to a group led by Gabe Plotkin and Rick Schnall. With that transaction, there are no longer any black majority owners in the NBA. The only two majority owners of color left now are Joe Tsai (of the Brooklyn Nets) and Vivek Ranadive (Sacramento Kings). […]
Alcohol is one of people’s favorite pastimes. Some people like to enjoy it socially with friends. Some people like to save it for special occasions. And some people simply like to collect rare/expensive bottles. Regardless of how it is consumed, alcohol is a very lucrative business venture to get into. And as a result, many […]
Los Angeles Lakers guard Austin Reaves is one of the 26 NBA players who has/will drop their own signature shoe this season. And after the successful launch of his first-ever signature shoe (the AR1), Rigorer (the company that releases his sneakers) has decided to extend his deal to make him an equity partner. The New Deal According to Boardroom’s Nick […]
The Charlotte Hornets are known by many fans as a small market team. And while that is true, they are also rapidly growing in value, at least according to Forbes’ yearly NBA team valuations. Rapid Growth In The Last Year In the Fall of 2022, Forbes valued the team at roughly 1.7 billion dollars (chump […]
His Run as an Owner Was Not as Pretty as His Run as a Player Michael Jordan, the legendary NBA star, is no longer an NBA owner as he has decided to sell his majority stake in the Charlotte Hornets. The team announced on Friday that Jordan has agreed to sell the Hornets to a […]
In 2006, Michael Jordan became a part-owner of the Charlotte Bobcats who would then become the Hornets. In 2010, he bought a controlling interest in the team for $275 million. Since then, the Hornets made the playoffs twice and never won a series in the postseason. League sources have reported that Jordan is finalizing a […]
Last night the Phoenix Suns lost a tough game at home to the LA Clippers, 116-107. That sends Phoenix into the all-star break on a one-game losing streak, but they are 7-3 in their last ten played. The Suns are not at full strength and shots were just not falling down when they needed them […]
Make-A-Wish is a life-changing organization that helps grant the wishes of critically ill children. Since 1980, they have helped grant over 550,000 wishes in over 50 countries worldwide and have more than 24,000 volunteers across the country. Making headlines with the single-largest donation in the organization 43-year existence is six-time NBA champion Michael Jordan. He […]