Editing Michael Jordan (section)

== Post-retirement ==
[[File:MJ golf course.jpg|thumb|Jordan on a golf course in 2007]]
After his third retirement, Jordan assumed that he would be able to return to his front office position as Director of Basketball Operations with the Wizards.<ref>Wise, Mike (May 4, 2003). [https://query.nytimes.com/gst/fullpage.html?res=9501E3DE133CF937A35756C0A9659C8B63 "Pro Basketball; Jordan's Strained Ties to Wizards May Be Cut"]. {{Webarchive|url=https://web.archive.org/web/20121110043637/http://www.nytimes.com/2003/05/04/sports/pro-basketball-jordan-s-strained-ties-to-wizards-may-be-cut.html |date=November 10, 2012 }}. ''The New York Times''. Retrieved October 30, 2023.</ref> Jordan's previous tenure had produced mixed results and may have also influenced the trade of [[Richard "Rip" Hamilton]] for [[Jerry Stackhouse]], although Jordan was not technically Director of Basketball Operations in 2002.<ref name="Pollin" /> On May 7, 2003, Wizards owner [[Abe Pollin]] fired Jordan from the role.<ref name="Pollin" /> Jordan later stated that he felt betrayed, and that if he had known he would be fired upon retiring, he never would have come back to play for the Wizards.<ref name="EB" />

Over the next few years, Jordan played golf in celebrity charity tournaments and spent time with his family in Chicago. He also promoted his Jordan Brand clothing line and rode motorcycles.<ref>Grass, Ray (June 22, 2006). [https://web.archive.org/web/20081222072433/http://deseretnews.com/article/1%2C5143%2C640188783%2C00.html "Michael Jordan is now riding superbikes"]. ''Deseret News''. Retrieved August 31, 2017.</ref> Since 2004, Jordan has owned Michael Jordan Motorsports, a professional closed-course motorcycle road racing team that competed with two [[Suzuki]]s in the [[AMA Superbike Championship|premier Superbike championship]] sanctioned by the [[American Motorcyclist Association]] (AMA) until the end of the 2013 season.<ref>[http://roadracingworld.com/news/article/?article=30197 "Jordan Suzuki Previews The AMA Superbike Championship Finale At Mazda Raceway Laguna Seca"]. {{Webarchive|url=https://web.archive.org/web/20120131154236/http://roadracingworld.com/news/article/?article=30197 |date=January 31, 2012 }}. ''Roadracing World & Motorcycle Technology''. September 11, 2007. Retrieved October 30, 2023.</ref><ref>Swarts, David (October 29, 2013). [http://www.roadracingworld.com/news/michael-jordan-motorsports-suspending-ama-pro-road-racing-operations-focusing-on-move-to-international-competition/ "Michael Jordan Motorsports Suspending AMA Pro Road Racing Operations, Focusing On Move To International Competition"]. {{Webarchive|url=https://web.archive.org/web/20160304093140/http://www.roadracingworld.com/news/michael-jordan-motorsports-suspending-ama-pro-road-racing-operations-focusing-on-move-to-international-competition/ |date=March 4, 2016 }}. ''Roadracing World & Motorcycle Technology''. Retrieved October 30, 2023.</ref>

=== Charlotte Bobcats/Hornets ===
On June 15, 2006, Jordan bought a minority stake in the [[Charlotte Bobcats]] (known as the [[Charlotte Hornets|Hornets]] since 2013), becoming the team's second-largest shareholder behind majority owner [[Robert L. Johnson]]. As part of the deal, Jordan took full control over the basketball side of the operation, with the title Managing Member of Basketball Operations.<ref>[http://www.nba.com/hornets/release_jordan_060615.html "Michael Jordan to Become Part Owner of the Charlotte Bobcats"]. {{Webarchive|url=https://web.archive.org/web/20140618220655/http://www.nba.com/hornets/release_jordan_060615.html |date=June 18, 2014 }}. NBA. June 15, 2006. Retrieved October 30, 2023.</ref><ref>Associated Press (May 20, 2014). [https://www.espn.com/nba/story/_/id/10958580/charlotte-bobcats-officially-change-nickname-hornets "Hornets all the buzz in Charlotte"]. {{Webarchive|url=https://web.archive.org/web/20220319191322/https://www.espn.com/nba/story/_/id/10958580/charlotte-bobcats-officially-change-nickname-hornets|date=March 19, 2022}}. ESPN. Retrieved October 30, 2023.</ref> Despite his previous success as an endorser, Jordan made an effort not to be included in Charlotte's marketing campaigns.<ref>Associated Press (June 15, 2006). [https://www.espn.com/nba/news/story?id=2771612 "Jordan writes state of Bobcats letter to fans"] {{Webarchive|url=https://web.archive.org/web/20241201144054/https://www.espn.com/nba/news/story?id=2771612|date=December 1, 2024}}. [https://www.espn.com/nba/news/story?id=2771612]. ESPN. Retrieved October 30, 2023.</ref> A decade earlier, he had made a bid to become part-owner of Charlotte's original NBA team, the Charlotte Hornets, but talks collapsed when owner [[George Shinn]] refused to give Jordan complete control of basketball operations.<ref>Associated Press (May 10, 1999). [http://lubbockonline.com/stories/051099/pro_051099077.shtml "Shinn says others interested in buying piece of Hornets"]. {{Webarchive|url=https://web.archive.org/web/20140104074138/http://lubbockonline.com/stories/051099/pro_051099077.shtml |date=January 4, 2014 }}. ''Lubbock Avalanche-Journal''. Retrieved October 30, 2023.</ref>

In February 2010, it was reported that Jordan was seeking majority ownership of the Bobcats.<ref>Cox, Marty (February 16, 2010). [https://www.nationalledger.com/artman/publish/article_272630437.shtml "Michael Jordan & Charlotte Bobcats – NBA Legend Wants to Buy Team, Report"]. ''National Ledger''. {{webarchive|url=https://web.archive.org/web/20100220010148/http://www.nationalledger.com/artman/publish/article_272630437.shtml|date=February 20, 2010}}. Retrieved August 31, 2017.</ref> As February wore on, it became apparent that Jordan and former [[Houston Rockets]] president [[George Postolos]] were the leading contenders for ownership of the team. On February 27, the Bobcats announced that Johnson had reached an agreement with Jordan and his group, MJ Basketball Holdings, to buy the team from Johnson pending NBA approval.<ref>[[Associated Press]]. [https://www.espn.com/nba/news/story?id=4951410 "MJ to buy controlling stake in Bobcats"]. {{Webarchive|url=https://web.archive.org/web/20240713164744/https://www.espn.com/nba/news/story?id=4951410|date=July 13, 2024}}. ESPN. February 27, 2010. Retrieved October 30, 2023.</ref> On March 17, the NBA Board of Governors unanimously approved Jordan's purchase, making him the first former player to become the majority owner of an NBA team,<ref>Associated Press (March 17, 2010). [https://www.espn.com/nba/news/story?id=5003048 "Jordan purchase of Bobcats approved"]. [https://www.espn.com/nba/news/story?id=5003048]. ESPN. Retrieved October 30, 2023.</ref> and the league's only African-American majority owner.<ref>Rhoden, William C. [https://www.nytimes.com/2010/04/28/sports/basketball/28rhoden.html "Want to Make an Impact? Join Jordan"]. {{Webarchive|url=https://web.archive.org/web/20170202070131/http://www.nytimes.com/2010/04/28/sports/basketball/28rhoden.html |date=February 2, 2017 }}. ''The New York Times''. April 27, 2010. Retrieved October 30, 2023.</ref>

During the [[2011 NBA lockout]], ''[[The New York Times]]'' wrote that Jordan led a group of 10 to 14 hardline owners who wanted to cap the players' share of basketball-related income at 50 percent and as low as 47. Journalists observed that, during the [[1998–99 NBA lockout|labor dispute in 1998]], Jordan told [[Washington Wizards]] then-owner [[Abe Pollin]]: "If you can't make a profit, you should sell your team."<ref>Beck, Howard (November 5, 2011). [https://www.nytimes.com/2011/11/05/sports/basketball/hard-line-factions-threaten-latest-nba-negotiations.html "Hard-Line Factions Threaten Latest N.B.A. Negotiations"]. ''The New York Times''. {{webarchive|url=https://archive.today/20120905091931/http://www.nytimes.com/2011/11/05/sports/basketball/hard-line-factions-threaten-latest-nba-negotiations.html|date=September 5, 2012}}. Retrieved July 9, 2019.</ref> [[Jason Whitlock]] of [[FoxSports.com]] called Jordan "a hypocrite [[sellout]] who can easily betray the very people who made him a billionaire global icon" for wanting "current players to pay for his incompetence".<ref name=whitlock_11052011>Whitlock, Jason (November 5, 2011). [https://msn.foxsports.com/nba/story/Michael-Jordan-siding-with-David-Stern-in-NBA-lockout-a-selfish-betrayal-110411 "MJ sells out players with hard-line stance"]. Fox Sports. {{webarchive|url=https://web.archive.org/web/20111107161958/http://msn.foxsports.com/nba/story/Michael-Jordan-siding-with-David-Stern-in-NBA-lockout-a-selfish-betrayal-110411|date=November 7, 2011}}. Retrieved May 18, 2017.</ref> He cited Jordan's executive decisions to draft disappointing players [[Kwame Brown]] and [[Adam Morrison]].<ref name=whitlock_11052011 />

During the [[2011–12 NBA season]] that was shortened to 66 games by the lockout, the Bobcats posted a 7–59 record. The team closed out the season with a 23-game losing streak; their .106 winning percentage was the worst in NBA history.<ref>Sports Network (April 27, 2012). [https://www.foxnews.com/sports/knicks-earn-no-7-bobcats-set-dubious-record/ "Knicks earn No. 7, Bobcats set dubious record"]. {{Webarchive|url=https://web.archive.org/web/20130121010557/http://www.foxnews.com/sports/2012/04/26/knicks-earn-no-7-bobcats-set-dubious-record/ |date=January 21, 2013 }}. Fox News. Retrieved November 10, 2024.</ref> Before the next season, Jordan said: "I'm not real happy about the record book scenario last year. It's very, very frustrating."<ref>Associated Press (November 2, 2012). [https://www.espn.com/nba/story/_/id/8581175/michael-jordan-says-committed-charlotte-bobcats "Michael Jordan committed to Bobcats"]. [https://www.espn.com/nba/story/_/id/8581175/michael-jordan-says-committed-charlotte-bobcats]. ESPN. Retrieved October 30, 2023.</ref>

During the 2019 NBA offseason, Jordan sold a minority piece of the Hornets to Gabe Plotkin and Daniel Sundheim, retaining the majority for himself,<ref>Bonnell, Rick (September 14, 2019). [https://www.charlotteobserver.com/sports/charlotte-hornets/article232128902.html "Michael Jordan selling large chunk of Hornets; won't give up majority control"]. {{Webarchive|url=https://web.archive.org/web/20190927044714/https://www.charlotteobserver.com/sports/charlotte-hornets/article232128902.html |date=September 27, 2019 }}. ''The Charlotte Observer''. Retrieved October 30, 2023.</ref> as well as the role of chairman.<ref>[https://www.nba.com/hornets/mobile-hornets-executive-bios "Hornets Executive Bios"]. {{Webarchive|url=https://web.archive.org/web/20210122204931/https://www.nba.com/hornets/mobile-hornets-executive-bios |date=January 22, 2021 }}. NBA. Retrieved October 30, 2023.</ref> In 2023, Jordan finalized the sale of his majority stake to Gabe Plotkin and Rick Schnall, ending his 13-year tenure as majority owner, although he kept a minority stake.<ref>{{cite web |last1=Wojnarowski |first1=Adrian |title=Sources: Michael Jordan finalizing sale of Charlotte Hornets |url=https://www.espn.com/nba/story/_/id/37863644/sources-michael-jordan-finalizing-charlotte-hornets-sale |website=[[ESPN]] |date=June 16, 2023 |access-date=October 30, 2023 |archive-date=June 16, 2023 |archive-url=https://web.archive.org/web/20230616143910/https://www.espn.com/nba/story/_/id/37863644/sources-michael-jordan-finalizing-charlotte-hornets-sale |url-status=live}}</ref> The sale was officially completed in August 2023 for approximately $3&nbsp;billion, more than 10 times the $275&nbsp;million Jordan had paid for the team.<ref>{{cite web |last=Maloney |first=Jack |title=Michael Jordan's 13-year run as Hornets owner ends as franchise completes $3 billion sale |work=CBS Sports |date=August 3, 2023 |url=https://www.cbssports.com/nba/news/michael-jordans-13-year-run-as-hornets-owner-ends-as-franchise-completes-3-billion-sale/ |access-date=October 30, 2023 |archive-date=August 7, 2023 |archive-url=https://web.archive.org/web/20230807155313/https://www.cbssports.com/nba/news/michael-jordans-13-year-run-as-hornets-owner-ends-as-franchise-completes-3-billion-sale/ |url-status=live}}</ref>

=== 23XI Racing ===
[[File:Michael jordan admad rashad (51276390562) (cropped).jpg|thumb|Jordan at [[Pocono Raceway]] in 2021]]
On September 21, 2020, Jordan and [[NASCAR]] driver [[Denny Hamlin]] announced they would be fielding a [[NASCAR Cup Series]] team with [[Bubba Wallace]] driving, beginning competition in the [[2021 NASCAR Cup Series|2021 season]].<ref>{{cite web |url=https://www.jayski.com/2020/09/21/denny-hamlin-forming-nascar-cup-series-team-bubba-wallace-to-drive/ |title=Denny Hamlin forming Cup team with Michael Jordan; Bubba Wallace to drive; charter from Germain Racing |website=[[Jayski's Silly Season Site]] |date=September 22, 2020 |publisher=NASCAR Digital Media |access-date=October 30, 2023 |archive-date=October 2, 2020 |archive-url=https://web.archive.org/web/20201002014520/https://www.jayski.com/2020/09/21/denny-hamlin-forming-nascar-cup-series-team-bubba-wallace-to-drive/ |url-status=live}}</ref> On October 22, the team's name was confirmed to be [[23XI Racing]] (pronounced twenty-three eleven) and the team's entry would bear No. 23.<ref>Albert, Zack (October 22, 2020). [https://www.nascar.com/news-media/2020/10/22/michael-jordan-denny-hamlin-team-name-23xi-racing-bubba-wallace/ "Jordan, Hamlin announce team name and number: 23XI Racing and No. 23"]. {{Webarchive|url=https://web.archive.org/web/20201022175526/https://www.nascar.com/news-media/2020/10/22/michael-jordan-denny-hamlin-team-name-23xi-racing-bubba-wallace/ |date=October 22, 2020 }}. NASCAR. Retrieved October 30, 2023.</ref> After the team's inaugural season, it added a second car with No. 45, driven by [[Kurt Busch]] in [[2022 NASCAR Cup Series|2022]] and [[Tyler Reddick]] in [[2023 NASCAR Cup Series|2023]].<ref>{{cite web |last=Taranto |first=Steven |title=Kurt Busch joins Michael Jordan's 23XI Racing team for 2022 NASCAR Cup Series season in new No. 45 Toyota |work=CBS Sports |date=August 27, 2021 |url=https://www.cbssports.com/nascar/news/kurt-busch-joins-michael-jordans-23xi-racing-team-for-2022-nascar-cup-series-season-in-new-no-45-toyota/ |access-date=March 28, 2023}}</ref><ref>{{cite web |last=Long |first=Dustin |title=Tyler Reddick to drive for 23XI Racing in 2023 |publisher=NBC Sports |date=October 15, 2022 |url=https://nascar.nbcsports.com/2022/10/15/tyler-reddick-to-drive-for-23xi-racing-in-2023-kurt-busch/ |access-date=March 28, 2023}}</ref> [[Ty Gibbs]], [[John Hunter Nemechek]], and [[Daniel Hemric]] also drove for 23XI as substitute drivers during the 2022 season.<ref>{{cite web |url=https://www.nascar.com/news-media/2022/07/24/ty-gibbs-to-make-cup-series-debut-in-place-of-kurt-busch-at-pocono/ |title=Ty Gibbs to make Cup Series debut in place of Kurt Busch at Pocono |website=NASCAR.com |publisher=NASCAR Digital Media, LLC. |date=July 24, 2022 |access-date=March 28, 2023}}</ref><ref>{{cite web |url=https://www.nascar.com/news-media/2022/10/18/bubba-wallace-suspended-after-las-vegas-incident-no-18-team-penalized/ |title=Bubba Wallace suspended after Las Vegas incident; No. 18 team penalized |website=NASCAR.com |publisher=NASCAR Digital Media, LLC |date=October 18, 2022 |access-date=March 28, 2023}}</ref><ref>{{cite magazine |url=https://racer.com/2022/11/06/hemric-stands-in-for-gibbs-at-23xi-for-phoenix-finale/ |title=Hemric stands in for Gibbs at 23XI for Phoenix finale |first=Kelly |last=Crandall |magazine=[[Racer (magazine)|Racer]] |date=November 6, 2022 |access-date=March 28, 2023}}</ref> The team fielded a third car, No. 67, driven by [[Travis Pastrana]] in the [[2023 Daytona 500]].<ref>{{cite web |url=https://www.nascar.com/news-media/2023/02/15/cup-series-2023-daytona-500-qualifying-johnson-pastrana/ |title=Jimmie Johnson, Travis Pastrana lock up berths in Daytona 500 field |first=Zack |last=Albert |website=[[NASCAR]] |date=February 15, 2023 |access-date=March 28, 2023}}</ref> Reddick won the [[2024 NASCAR Cup Series]] regular season championship, the first for the team.<ref name="Reddick">{{cite web |url=https://www.nascar.com/news-media/2024/09/01/tyler-reddick-clinches-2024-regular-season-championship/ |title=Tyler Reddick clinches 2024 Regular Season Championship |date=September 1, 2024 |access-date=September 17, 2024 |publisher=NASCAR}}</ref> 23XI Racing acquired a third charter from the defunct [[Stewart-Haas Racing]], the No. 35 driven by [[Riley Herbst]] beginning in [[2025 NASCAR Cup Series|2025]].<ref>{{Cite web |url=https://tobychristie.com/nascar/cup-series/23xi-racing-adds-riley-herbst-to-2025-roster-in-third-full-time-car/ |title=23XI Racing Adds Riley Herbst to 2025 Roster in Third Full-Time Car |website=TobyChristie.com |date=November 20, 2024 |access-date=November 20, 2024}}</ref>