Sale Confirmed: The Michael Jordan Thread

[JDR720]

Taking Scoot and MJ selling the team is the best outcome possible from this offseason.

I think MJ will like Scoot more than Miller. Scoot just seems like an MJ type player.

However, at the same time I wonder if the new majority owners want to make a splash and trade for Zion.

[yosemiteben]

MJ selling the team yet still retaining control of Bball operations is...very frustrating. The entire reason for wanting him to sell is so he can't screw around in basketball operations anymore.

Not really agreeing with this.

(1) I care less about him having a say in basketball operations than I do about ownership increasing funding for things like staff and facilities and not ever having to make basketball decisions that are primarily financially motivated.

(2) Woj's piece only says he's retaining control through the draft and FA, because somebody has to do it and the sale won't be done by then.

[Heelsfan119]

MJ selling the team yet still retaining control of Bball operations is...very frustrating. The entire reason for wanting him to sell is so he can't screw around in basketball operations anymore.

To his defense, it would be incredibly difficult to change this close to the draft and free agency. The bigger changes will come when he strictly becomes a silent partner and the new ownership puts their stamp on things.

[-Ian-]

For the people who want an owner who's not involved with basketball operations.

Read on Twitter

[yosemiteben]

oh ****

Read on Twitter

[Braggins]

Taking Scoot and MJ selling the team is the best outcome possible from this offseason.

I think MJ will like Scoot more than Miller. Scoot just seems like an MJ type player.

However, at the same time I wonder if the new majority owners want to make a splash and trade for Zion.

Hopefully the days of hoping the guy I think is the best prospect happens to randomly align with the preferred traits of whichever front office person happens to get the final say on a particular draft pick.

Their process has always been a random crap shoot. MJ might fall in love with Kemba and it turns out great, or he falls in love with Kaminksy and screws them (screws them more often than not). If they would have listened to Cliff and drafted Mitchell we would have had a completely different last five years or so, but that time the front office got the decision and went with Monk and then right after that Cliff talked the front office into trading for washed up Dwight Howard and spent the entire next season letting Dwight do post isos and jack up 15 foot jumpers.

Hopefully we can finally get a consistent team building process, but for this last draft I'm hoping the random insanity favors my guy lol.

[countryboi]

Speaking of Atkinson he interviewed for a lot of jobs this summer and didn't get any of them, lmao.

I wish him nothing but bad luck, his shoes are too tight, his breath stinks, and he steps in a wet spot in his socks.

[SWedd523]

Firstly, big ups to Chapelchilla for scooping the sale

Secondly, I hope a minority stake means he gets removed from the decision making process and results in the FO cronyism and draft meddling going away

MJ selling the team yet still retaining control of Bball operations is...very frustrating. The entire reason for wanting him to sell is so he can't screw around in basketball operations anymore.

Not really agreeing with this.

(1) I care less about him having a say in basketball operations than I do about ownership increasing funding for things like staff and facilities and not ever having to make basketball decisions that are primarily financially motivated.

(2) Woj's piece only says he's retaining control through the draft and FA, because somebody has to do it and the sale won't be done by then.

Quick Google-Fu has Plotkin and Schnall having a combined Net Worth below $500 million. So unless they have a bunch of deep-pocketed partners, I don't expect them to do much financially to improve things.

That's my biggest complaint. We get out from the frugal MJ and sell to an even less-rich ownership duo.

Also, both of them are NYC-based Wall Street **** with no ties to Charlotte nor the Hornets and Plotkin in particular has been dealing with a lot of scrutiny and disgrace for making most of his money short selling before getting bent over in the GameStop deal.

MJ even managed to **** up the sale of the team.

[vorbis]

totally agree that the #1 priority basketball-wise resulting from this sale should be the end of Jordan era cronyism. it puts a hard ceiling on the franchise's potential, and severely limits the imagination of roster building, business development, and so on.

[JustBuzzin]

MJ still has a small stake in the franchise guys. He absolutely will still have an opinion on who we draft which is why they are meeting him on Monday.

MJ will still be around the franchise just not as hands on as a full time owner will be.

[Snidely FC]

Yeah, this deal sucks for us fans. Jordan takes cash out via equity deal. Akin to refinancing rather than selling your home. Gets to keep his hooks in the team. Fans left with hedgies + hanger ons who play in sports team ownership as vanity investment, and tend to be the weakest ownership groups in the league. Disappointing that this isn't more exciting prospect for us fans, but not surprising since it's Jordan we're talking about. He gets his cash. He gets to keep his ego in the game.

[Chapelchilla]

MJ still has a small stake in the franchise guys. He absolutely will still have an opinion on who we draft which is why they are meeting him on Monday.

MJ will still be around the franchise just not as hands on as a full time owner will be.

Believe me now? LOL, I couldn't say how I knew but know I did.....

[JustBuzzin]

MJ still has a small stake in the franchise guys. He absolutely will still have an opinion on who we draft which is why they are meeting him on Monday.

MJ will still be around the franchise just not as hands on as a full time owner will be.

Believe me now? LOL, I couldn't say how I knew but know I did.....

If we draft Miller like you said I think we have to make you our trusted Hornets insider.

[-Ian-]

Read on Twitter

[fatlever]

oh ****

Read on Twitter

we are about to resign caleb
and trade for ingram
and reggie bullock
and hire stackhouse

[countryboi]

MJ still has a small stake in the franchise guys. He absolutely will still have an opinion on who we draft which is why they are meeting him on Monday.

MJ will still be around the franchise just not as hands on as a full time owner will be.

Believe me now? LOL, I couldn't say how I knew but know I did.....

what did you say?

[Braggins]

MJ also lost money in the Gamestop debacle.

MJ has the potential to be a great minority owner. Him not having any real power, but still being part of the organization and still having the ability to use him and his brand to promote the team seems like a beneficial situation for both sides.

edit: It might also help prevent any chance of the team moving if MJ is still around. MJ making a stink about it in the media if the new group entertained moving the team could create a very bad PR situation for the NBA. I don't think this is much of an issue tbh, but you never know.

[luciano-davidwesley]

The Plotkin group sound like they are going to be another relatively poor ownership group in terms of net worth. Great. More frugal ownership for the Hornets.

Maybe one day we'll find a Ballmer or someone that is committed to making a winner.

[JDR720]

https://www.usatoday.com/story/sports/nba/hornets/2023/06/16/michael-jordan-reaches-deal-to-sell-nba-charlotte-hornets/70329536007/

Sundheim and a few others are part of the sell too.

[JDR720]

https://www.si.com/nba/hornets/news/who-are-the-new-owners-of-the-charlotte-hornets

How the disgraced Plotkin who Reddit has named an "Economic Terrorist" has the financial power and respectability to become the figurehead of an NBA ownership group is certainly a question, but one I don’t have an answer to.

Well thats fun.