Originally posted on Larry Brown Sports  |  Last updated 9/11/12

Michael Jordan may finally be willing to come to terms with his failures as majority owner of the Bobcats. As a player, Jordan was arguably the best of all time. As a manager and overseer, he has found little to no success. Jordan became an owner in Charlotte in 2006, and the team has had just one winning season since then. The Bobcats finished last season with an embarrassing 7-59 record, and that may have been the final straw for His Airness.

According to ESPN the Magazine, Jordan has removed himself from the day-to-day equation with the team and informed his front office staff that he will no longer be micromanaging them. He has also reportedly handed over personnel decisions to new 47-year-old GM Rich Cho, who was been described as a “Moneyball kind of guy” that is knowledgeable with high-level metrics.

“Obviously, I’m a competitor,” Jordan said over the summer when asked about last season’s debacle. “I never want to be in the record books for failure.”

M.J. has an ego. We all know this. He bought the Bobcats thinking he knew enough about basketball to turn the franchise around. At the moment, it appears he has done the opposite. Even his own close friends have openly stated that Jordan has not done an adequate job and has not made the proper basketball decisions over the past half decade or so. You know how they say those who can’t do teach? Sometimes those who can do can only do.

H/T Eye on Basketball

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