Originally posted on 07/19/2013:

Jordan bought the Bobcats for $175 million and it now worth $315 million. Operating losses are part of the cat/mouse game, which is probably why he's hiring family to look like he's cutting cost. If he loses 20 million a year, he can just write it off the $85 million he'll make during the year. Who else do you know who can make $140 million in a few short years???

http://www.forbes.com/lists/2010/32/...ts_322435.html

Most all NBA teams post annual losses but some of the accounting doesn't add up. You never see all the profits and losses in one place. They may leave off TV revenue or concessions or depreciating assets. With the new CBA these teams will make hand over foot, especially as the NBA is about to hit a huge growth spurt in popularity. Jordan may suck at evaluating talent but he hit the lotto on this purchase.

http://www.forbes.com/lists/2010/32/basketball-valuations-11_Charlotte-Bobcats_322435.html