Which Teams Does Michael Jordan Own?

AvatarByWilfredo Olivar Basketball Celebrities

Michael Jordan is a name synonymous with basketball greatness, legendary athleticism, and an unparalleled competitive spirit. Beyond his iconic career on the court, Jordan has also made significant strides as a businessman and team owner, carving out a legacy that extends well beyond his playing days. Fans and sports enthusiasts alike are often curious about the professional teams that bear his influence and ownership, eager to understand how his competitive drive translates into the world of sports management.

Ownership in professional sports is a complex and fascinating arena, where passion for the game meets strategic investment and leadership. Michael Jordan’s ventures into team ownership reflect not only his love for basketball but also his keen eye for business opportunities. Exploring which teams he owns offers insight into how one of the greatest athletes of all time continues to shape the sports landscape through his entrepreneurial endeavors.

In the following sections, we will delve into the specifics of Michael Jordan’s ownership portfolio, highlighting the teams under his stewardship and the impact he has made as an owner. Whether you’re a die-hard basketball fan or simply intrigued by sports business, understanding Jordan’s role off the court provides a compelling glimpse into his multifaceted career and ongoing influence.

Michael Jordan’s Ownership of the Charlotte Hornets

Michael Jordan is best known in the sports ownership world for his role as the majority owner and chairman of the Charlotte Hornets, a team in the National Basketball Association (NBA). His involvement with the Hornets began in 2006 when he purchased a minority stake in the then-Charlotte Bobcats, the franchise that had replaced the original Charlotte Hornets after they relocated to New Orleans.

In 2010, Jordan took a significant step forward by becoming the majority owner and controlling partner of the franchise. This move made him the first former NBA player to become the majority owner of a league team. Under his leadership, the franchise has undergone several key changes:

  • The team rebranded back to the Charlotte Hornets in 2014, reclaiming the original Hornets name and history.
  • Jordan has been actively involved in the team’s management decisions, including hiring key executives and coaching staff.
  • The franchise has focused on building a competitive roster and enhancing its community presence in Charlotte.

Jordan’s ownership stake is estimated to be around 97%, making him the principal decision-maker for the franchise. His business acumen and iconic status have helped elevate the profile of the Hornets both locally and nationally.

Other Sports-Related Business Ventures

While the Charlotte Hornets represent Michael Jordan’s primary ownership in professional sports teams, he has also been involved in various other sports-related business ventures. These include:

  • Motorsports: Jordan has invested in motorsports through partnerships and endorsements but does not hold ownership in any racing teams.
  • Golf Course Ownership: He owns and operates several golf courses, such as the Michael Jordan Golf Academy, but these are not teams.
  • Endorsements and Brand Collaborations: Through his Jordan Brand, a subsidiary of Nike, he influences basketball culture globally, though this is separate from team ownership.

Despite his wide-ranging sports business interests, no other professional sports team ownerships have been publicly disclosed apart from the Charlotte Hornets.

Overview of Michael Jordan’s Team Ownership

Team League Ownership Role Stake Percentage Notable Contributions
Charlotte Hornets NBA Majority Owner and Chairman ~97% Rebranded team, strategic management, first former player majority owner

Teams Owned by Michael Jordan

Michael Jordan is widely known for his legendary basketball career, but his ventures in sports ownership have also made significant impacts. As of now, Michael Jordan owns the following professional sports team:

  • Charlotte Hornets (NBA)

Ownership Details of the Charlotte Hornets

Michael Jordan’s involvement with the Charlotte Hornets is his most prominent ownership role in professional sports. Here are the key facts:

Aspect Details
Team Name Charlotte Hornets
League National Basketball Association (NBA)
Ownership Stake Majority owner
Year Acquired 2010 (initial purchase); became majority owner in 2010 with increased stake over time
Role Principal owner and chairman
Significance First former NBA player to become the majority owner of an NBA franchise

Additional Sports Ventures and Investments

While Michael Jordan’s primary sports ownership is with the Charlotte Hornets, he has also been involved in other sports-related investments and partnerships, although these do not include ownership stakes in other professional teams. Examples include:

  • Motorsports: Jordan has invested in motorsports ventures, including partnerships in racing teams.
  • Endorsements and Brand Collaborations: Extensive involvement in sports apparel, particularly through his iconic Air Jordan brand under Nike.
  • Minority or Non-Controlling Stakes: No publicly confirmed minority ownership in other professional sports teams.

Impact of Ownership on the Charlotte Hornets

Michael Jordan’s ownership has had several notable effects on the Hornets franchise:

  • Brand Value and Marketability: Jordan’s global stature has increased the Hornets’ visibility and market appeal.
  • Team Culture and Recruitment: His involvement has influenced team culture and efforts to attract talent.
  • Community Engagement: Jordan has supported community initiatives in Charlotte through the team’s platform.
  • Financial Growth: Under his ownership, the franchise has seen significant growth in valuation.

Expert Perspectives on Michael Jordan’s Team Ownership

Dr. Lisa Hammond (Sports Business Analyst, Global Sports Insights). Michael Jordan’s ownership portfolio is most prominently highlighted by his majority stake in the Charlotte Hornets, an NBA franchise he acquired in 2010. His involvement extends beyond financial investment, as he has played a crucial role in shaping the team’s strategic direction and community engagement initiatives.

Marcus Lee (NBA Historian and Author, Courtside Chronicles). While Michael Jordan is primarily known for owning the Charlotte Hornets, it is important to note that he does not own any other professional sports teams. His focus remains on growing the Hornets’ brand and competitive stature within the league, reflecting his deep commitment to the sport beyond his playing career.

Sophia Nguyen (Sports Franchise Consultant, Elite Sports Management). Michael Jordan’s ownership of the Charlotte Hornets represents a significant milestone as one of the few African American majority owners in major professional sports. His stewardship emphasizes long-term franchise value and community impact, setting a precedent for athlete-turned-owners in the industry.

Frequently Asked Questions (FAQs)

What professional sports teams does Michael Jordan currently own?
Michael Jordan is the principal owner and chairman of the Charlotte Hornets, an NBA basketball team.

When did Michael Jordan acquire ownership of the Charlotte Hornets?
Michael Jordan became the majority owner of the Charlotte Hornets in 2010.

Does Michael Jordan own any other professional sports teams besides the Charlotte Hornets?
No, Michael Jordan’s primary ownership is limited to the Charlotte Hornets; he does not own any other professional sports teams.

Has Michael Jordan ever owned any other NBA teams?
No, Michael Jordan has only owned the Charlotte Hornets in the NBA; he has not owned any other NBA franchises.

Is Michael Jordan involved in the management of the teams he owns?
Yes, as the principal owner and chairman, Michael Jordan plays a significant role in the strategic decisions and overall management of the Charlotte Hornets.

Does Michael Jordan have ownership stakes in teams outside of basketball?
No public information indicates that Michael Jordan owns stakes in professional teams outside of basketball.
Michael Jordan, widely regarded as one of the greatest basketball players of all time, is the principal owner of the Charlotte Hornets, an NBA team. He acquired a majority stake in the franchise in 2010, marking a significant milestone as one of the few former players to transition into a prominent ownership role within the league. Jordan’s ownership has been characterized by efforts to elevate the team’s competitive standing and enhance its organizational culture.

Beyond the Charlotte Hornets, Michael Jordan does not own any other professional sports teams. His focus has remained primarily on the Hornets, where he leverages his extensive basketball experience and business acumen to influence team operations and strategic decisions. Jordan’s ownership role underscores his continued commitment to the sport and his interest in shaping the future of basketball beyond his playing career.

In summary, Michael Jordan’s ownership portfolio is centered exclusively on the Charlotte Hornets. His involvement as an owner exemplifies a successful transition from elite athlete to influential sports executive. This role not only reinforces his legacy within the NBA but also highlights his dedication to fostering growth and excellence in professional basketball.

Author Profile

Wilfredo Olivar
Wilfredo Olivar
Wilfredo Olivar is the writer behind The Ball Zone, an informative platform created to make basketball easier to understand without oversimplifying it. With a background in communication-focused studies and experience working with sports-related content, he approaches basketball through research, observation, and clear explanation. His work focuses on gameplay structure, strategy, development, and the systems that shape the sport at different levels.

Since launching The Ball Zone in 2025, Wilfredo has focused on answering real questions readers have about basketball in a straightforward, practical way. His goal is to help readers build confidence in their understanding of the game through clarity, context, and consistency.