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Thursday, April 15, 2010

Michael Jordan's Spending Spree<><><><><><>

Well it looks like Michael Jordan has been on a spending spree lately.Michael Jordan whom has always dreamed of owning a professional basketball team, well now he doesn't have to dream anymore. Michael Jordan just became the majority owner of the Carolina Bobcat's. The Bobcat's are a professional basketball team in the NBA(national basketball association). Jordan just purchase majority ownership from Robert Johnson whom also owns the black cable station BET(black entertainment tv).The purchasing price was said to be between $300-$400 million dollars. Yes folks I said $300-$400 MILLION DOLLARS.Michael Jordan is said to be worth $700-$800 million dollars. Yes folks I said $700-$800 MILLION DOLLARS. Robert Johnson will keep a minority share of the team, but Jordan is the owner outright. Jordan also just tried to purchase a top end steakhouse in downtown Chicago. The steakhouse was to be at 353 N. Clark Street in the swanky River North area but, the deal was nixed.The deal I hear was between Cornerstone Restaurant Group LLC and Mesirow Financial was close to happening, to the point that a lease was ready to be signed. Michael Jordan still owns a steakhouse here in Chicago on the west side called one sixty blue in skid row at west Randolph Street. Jordan also has a steakhouse in New York.

1 comment:

  1. Jordan still has that much money left even after his ex-wife walk away with over a 100 million dollars.

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