Tag: How much did Michael Jordan pay for the Charlotte Bobcats?
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How much is the Charlotte Bobcats worth?
On Wednesday, Forbes magazine published its annual valuation of pro basketball teams, pushing Jordan’s Charlotte Hornets to $1.25 billion. This for a franchise Jordan bought eight years ago for $175 million. [mks_pullquote align=”left” width=”300″ size=”20″ bg_color=”#00BCD4″ txt_color=”#ffffff”]Jordan, a six-time NBA champion, bought the Hornets for…