Michael Jordan is still balling...don't sleep

According to ESPN.com, Micahel Jordan took on $150 million in debt to purchase the Bobcats franchise, lost point guard Raymond Felton to free agency and traded center Tyson Chandler. No sweat. He knows what he's doing. But the real story is that he has more money than we can imagine.

rich Jordan

Bobcats owner Michael Jordan said he enjoys the challenge of trying to turn around the franchise.

"Once we've gotten to the point where we've turned this around and it's proved to be successful, then it'll be far more gratifying than just being a stat," Jordan said.

"Someone who is the first to do it and doesn't succeed, that to me is not intriguing."