Question

How did Michael Jordan make the Charlotte Bobcats more successful?

A) He focused on coaching rather than branding.
B) He returned to the court as a player for the team.
C) He hired a new coach and focused on the branding.
D) He learned from other coaches how to manage a team.

Answer 1

C) He hired a new coach and focused on the branding

Step-by-step explanation:

According to ESPN, the NBA Board of Governors approved Jordan's $275 million purchase of the team on Wednesday. MJ has been serving as a minority investor with final say on basketball decisions since 2006, and he will now take over the team from former owner Bob Johnson.

Michael Jordan made less than $100 million as the NBA's greatest player of all time, but is now a member of Forbes' list of billionaires with an estimated net worth of $1.9 billion. ... Since Jordan retired in 2003, he has built the most successful and lucrative career we've ever seen from a former athlete.

During the previous season, 2017-18, Charlotte posted operating income of $22 million, at the time a franchise high. The financial magazine puts the team's value at $1.5 billion, up 20% from a year ago. That still leaves the Hornets below the league average of $2.12 billion, according to Forbes' annual rankings.