Billionaire NBA legend Michael Jordan is the name on everyone’s lips currently. After more than a decade of disappointing on-court results, the six-time NBA champion has finally sold his majority stake in the Charlotte Hornets. After having paid roughly $275 million initially, the Chicago Bulls legend made a huge profit of over $2 billion from the sale, which has the sports world talking about MJ’s business acumen.

Although Jordan has faced failure in the world of sports investment, recent actions by Serena Williams and Alex Ohanian might tempt him to get back into the scene.

Will Michael Jordan make another investment soon?

Apart from basketball, Jordan also loves the game of golf. Thanks to his immense popularity, the NBA Hall of Famer once shared a close relationship with golf legend Tiger Woods. However, their recent relationship has not been as smooth as it used to be.

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TGL is a new venture started by Woods and Rory McIlroy. This golfing league will feature teams from across the country and a team from Los Angeles is already confirmed. It is the Los Angeles Golf Club.

Interestingly, Reddit co-founder Alex Ohanian and his wife Serena Williams have invested in the Los Angeles team. Along with Venus Williams, Ohanian, and Serena Williams are the first investors in Woods’ new venture.

Considering Jordan’s recent cash splurge and his love for golf, he might become the next investor in the league. A golf team from North Carolina, who says no?

Although Jordan has not found luck in owning a sports team, this new venture might kick-start a new career in the NBA legend’s life. His relationship with Tiger Woods will play a huge role. The two sporting icons know each other for quite some time.

Moreover, Jordan was one of the most established names to come out in support of Woods when the golf legend found himself in some troubled waters.

Jordan made more money from the sale than he earned from Nike

A rookie Michael Jordan was signed to Nike in 1984. This lucrative deal shaped sneakers and sports history forever. Roughly forty years after this deal, it was reported that MJ earned over $1.3 billion from Nike.

While this figure might sound astounding, this is nowhere close to the amount His Airness earned from the Hornets’ sale. 

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What are your thoughts on the Charlotte Hornets sale? Let us know in the comments below.