Great player, horrible owner
As a player, Jordan was the best player around, and he will be remembered as arguably the best player to ever play basketball. As an owner, MJ will always be remembered, but not in a good way.
Jordan will go down in history as the majority-owner of the worst team in NBA history percentage-wise. The Bobcats finished the 2011-2012 season with a record of 7-59, good for a .106 win percentage.
So how does a great player become such a bad owner?
Was it right for Charlotte to trade Wallace?
According to the Associated Press via ESPN.com, Charlotte traded Wallace for a 2011 first-round pick, a conditional 2013 first-round pick, center Joel Przybilla, cash and a couple reserve players.
This was a huge salary-dump, and it provided opportunity for the future. Unfortunately, Wallace may have been the glue holding the team together.
The last original Bobcat had his best season in 2009-10. He averaged about 18 points, 10 rebounds and 1.5 steals per game.
Wallace could score from anywhere on the floor, rebound, defend and force turnovers. After the trade, Jordan posted a letter on the team's website and said, "Gerald epitomized everything we want our team to be about" (via the Associated Press through ESPN.com).
Wallace epitomized what the organization wanted the team to be, but he couldn't be part of that team.
This guy's still in the league?
A huge failure of Jordan's has been his drafting.
Since 2006. only two of the Bobcats' draft picks remain and will have an impact (not including this past year's draft picks). Gerald Henderson and Kemba Walker are the only players who contribute out of all the team's picks.
Jordan has failed by selecting players such as Adam Morrison, Jared Dudley and Alexis Ajinca. Since 2006, Charlotte has had eight first-round picks, and only two remain with the team.
Morrison may be the biggest failure. Drafted No. 3 overall, Morrison was drafted in Jordan's initial year with the team.
He averaged almost 12 points in 30 minutes of play in his first season. He barely shot more than 71 percent from the charity stripe, and he shot 37.6 percent from the field. Morrison only started 23 games in the 2006-07 season.
The small forward out of Gonzaga was traded the next season to the Los Angeles Lakers after starting only five games.
Morrison went from NCAA scoring champion to bust in the NBA.
As the great Homer Simpson would say, "D'OH!"
The greatest pain Michael Jordan caused the Charlotte Bobcats was his belief he could run a team in the first place. Former majority owner Robert L. Johnson made a statement after Jordan became majority owner. (Via the Bobcats official website)
"As the new majority owner of the Bobcats, his (Jordan) dedication will be stronger now more than ever. Today’s announcement is great news for the Bobcats, the City of Charlotte, the fans and the NBA. I am confident that Michael’s leadership will bring success to the Bobcats whether it’s measured by on the court performance, success as a business, or making a positive impact in the Charlotte community. I look forward to continuing to work with Michael as an owner"
Johnson would probably take his statement back if he looked at the team today.
Charlotte now owns the worst win percentage in NBA history, there are no stars on the team and the 2012-2013 season does not look promising.
Jordan never showed success in the front office, but Charlotte is in luck.
MJ was not right for the job, but general manager Rich Cho might be. Cho has taken over the day-to-day operations of the team.
This may have been the best move Jordan has ever made. Cho will use an analytical system similar to those being used in Oklahoma and Dallas. It is similar to the Moneyball way of running a team.
Jordan failed as an active owner who tried running the team his way. Maybe now, Jordan will remain passive, and he may finally find success.