‘Trash-talker’ Michael Jordan once EMBARRASSED himself in 1-v-1 revenge game with a millionaire CEO
Michael Jordan loses one-on-one match to financial executive John W. Rogers Jr.
John Rogers (image via Business Wire) and Michael Jordan (image via Streeter Lecka/Getty Images)
The basketball world was left in shock in August 2003 when Michael Jordan, widely regarded as the greatest basketball player of all time, faced an unexpected defeat. The upset occurred at Jordan’s Senior Flight School, a camp for adult participants, primarily businessmen. The unlikely winner was John W. Rogers Jr., CEO of Ariel Investments, LLC, the largest minority-run mutual fund firm in the United States.
Despite the camp’s venue and nature, this was no ordinary game for fun. In a head-to-head one-on-one, Rogers managed to outscore Jordan 3-2. The game, witnessed by many, including actor Damon Wayans, went down in history as one of the most unexpected moments in basketball.
Rogers had credentials that couldn’t be ignored. As a former college basketball player for Princeton, he’s no stranger to the court. Interestingly, Rogers was part of the team that helped Jordan prepare for his return with the Washington Wizards in 2001.
Related: “I’m scared of the BIG African” – Michael Jordan was petrified of massive rival, claims Robert Horry
Michael Jordan’s exit from Charlotte Hornets ownership
Another significant chapter in Michael Jordan’s basketball journey concluded last month. After a 13-year tenure as the majority owner, Jordan parted ways with the Charlotte Hornets. The NBA Board of Governors gave the green light for the $3 billion sale to Gabe Plotkin and Rick Schnall. While Jordan has divested his majority stake, he remains a minority owner.
The ownership phase of Jordan’s career was a rollercoaster. From an investment perspective, it was a sure thing. His initial investment of $275 million in 2010 saw a multifold increase, marking a significant win for the basketball legend in the business.
However, under Jordan’s majority ownership, the Hornets faced multiple challenges. Despite the business booming off the court, the team’s on-court performance was lackluster. In the past 13 years, the Hornets have only made it to the playoffs three times and haven’t won a single postseason series.
However, not everything is bad for the Hornets. As Jordan exits, the franchise seems to be entering a promising era. With LaMelo Ball’s talent already proving beneficial, the recent draft addition of Brandon Miller shows significant promise.
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Vivek Yadav
(624 Articles Published)