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MJ in talks to sell majority stake of Hornets

carpanfan96

By carpanfan96,
in Charlotte Hornets

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LinvilleGorge Grand Master

LinvilleGorge

Posted
Posted
14 hours ago, Wanderlai said:

there were some good times during the Larry/Zo era but my goodness this franchise has been awful since it came back to Charlotte 

Those were fun teams. Hell, it was a fun era of basketball, period. Hopefully the game will evolve back toward that era and away from the current era of jacking threes and drive and flail.

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jayboogieman Grand Master

jayboogieman

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51 minutes ago, NanuqoftheNorth said:

Hopefully MJ won't sell the Hornets to some cash strapped owners.

Shades of George Shinn selling to a group (with Atlanta connections) that ended up moving the team to New Orleans.

Can't believe I'm saying this, but David Tepper has the cash to turn the Hornets into a decent team.  

It was being discussed on reddit that the group talking to MJ are worth less than he is, so yeah, they'll be cash strapped.

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NanuqoftheNorth Grand Master

NanuqoftheNorth

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Posted (edited)
20 minutes ago, jayboogieman said:

It was being discussed on reddit that the group talking to MJ are worth less than he is, so yeah, they'll be cash strapped.

Damn.

The very least MJ could do at this point is to sell the team to a group that will take the Hornets to the next level.  Cash strapped owners would likely provide a poor product, diminish fan engagement and eventually fall prey to some billionaire looking for an NBA team to relocate. 

Bobcats/Hornets can't seem to catch a break.

Edited by NanuqoftheNorth
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NanuqoftheNorth Grand Master

NanuqoftheNorth

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Just now, CamWhoaaCam said:

That's not how the NBA works.

 

The richest owner in the NBA is the Clippers owner.

 

What have the Clippers won?

What have the Hornets actually accomplished?

Good cash liquidity is an essential element of building a competitive NBA team.  It can't be done on a shoestring.

If you don't have good cash liquidity, you have no realistic chance.

Want to kill whatever enthusiasm is left for the Hornets in Charlotte?

Bring in an ownership group less financially capable than MJ. 

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NanuqoftheNorth Grand Master

NanuqoftheNorth

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1 minute ago, CamWhoaaCam said:

What are you on about my man?

I mentioned nothing about the Hornets. I was telling you the richest owner in the NBA doesn't equal success. You making it seem like getting a richer owner will solve the Hornets problems.

Woosh!  Right over your head (again).

The Thread's Title:  MJ in talks to sell majority stake of the Hornets.

Stating the Obvious:  Yeah, it takes more than just having money to win, but without it, owners can't compete.

Question:  Why would any fan of the Hornets want cash strapped owners (poorer than MJ)?

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amcoolio Mentor

amcoolio

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As someone who has followed the team closely my entire life, including the bad Bobcats years, the problem is that MJ did not invest into the basketball infrastructure - scouting, analytics, training staff, assistant staff - like most other NBA teams. That is a clear money issue.

That coupled with the fact he has a bunch of yes men friends that have been helping him run the team for a long time means we are well behind the rest of the NBA.

Someone like Tepper who comes in and invests a lot to get the team back up to speed, pay an adequate salary to a good GM and coaching staff, etc. will very much help the franchise.

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WUnderhill Grand Master

WUnderhill

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1 hour ago, CamWhoaaCam said:

That's not how the NBA works.

 

The richest owner in the NBA is the Clippers owner.

 

What have the Clippers won?

They may not have won any championships, but I’ll take their team over literally anything we’ve had the past 20 years. 

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kungfoodude Grand Master

kungfoodude

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19 hours ago, amcoolio said:

I will miss having the GOAT as owner, but he wasn't putting the required resources in the team...There were several reports that head coaches passed up our offers becuase we didn't want to pay assistants. We were the exact opposite of Tepper and the Panthers.

These two guys in Woj's report...they aren't rich at all. I surely hope that some mega rich guy comes in an blows MJ away with an offer

I definitely won't. He was as bad as an owner as he was good as a player. Truly one of the worst owners in the NBA every year. 

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frankw Grand Master

frankw

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3 hours ago, NanuqoftheNorth said:

Damn.

The very least MJ could do at this point is to sell the team to a group that will take the Hornets to the next level.  Cash strapped owners would likely provide a poor product, diminish fan engagement and eventually fall prey to some billionaire looking for an NBA team to relocate. 

Bobcats/Hornets can't seem to catch a break.

In the end Jordan is doing what he's always done. What's best for him. Sucks but it's the truth and why the team has been mostly crap.

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