Michael Jordan didn’t just play the game. He was sure of this. literally
His journey into sports ownership started in Washington, but it wasn’t what everyone expected. In 2000, Jordan took ownership of the NBA’s Washington Wizards. He held this position until 2001, when he resigned. Why? He wanted to play. He himself returned to the court to play for the Wizards.
The movement was truly a spectacle. But his next big business move changed geography and role.
In 2006, Jordan bought part of the team, now known as the Charlotte Hornets. He doesn’t just buy stocks. He became the principal owner This was the beginning of his most important period as an owner. He owned a majority stake in the team from 2010 to 2023 and guided its direction. He controls basketball decisions.
“The last dance” is not only about his career. It’s about the empire he built.
In 2020, Jordan’s portfolio expanded beyond basketball He became a co-owner of the NASCAR Cup Series team 23XI Racing. This is not a vanity project. This is a serious look at motorsport.
This strategy paid off later. In 2026, 23XI Racing won its first Daytona 500. Driver Tyler Reddick won the race and victory came. The competition is very tough. Reddick didn’t lead until the last lap. But that’s enough.
Jordan’s footprint in the sports world is huge. He is the owner of the Wizards. He leads the Hornets. He is part owner of a NASCAR team. He won at Daytona.