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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.