Originally posted on Larry Brown Sports  |  Last updated 4/1/12

Michael Jordan is a business man, and losing money is not part of his business plan. That’s why he’s reportedly planning to sell the Bobcats if they don’t improve to the point they’re profitable.

“I told Rich (Cho) to make us better,” Jordan told one associate recently, according to the New York Daily News. “If that doesn’t work and I can’t make a profit in the next three to four years, then I’m selling,” he reportedly said.

MJ reportedly told GM Rich Cho to prepare for another rebuilding season and that the pressure is on to build a winner. The team apparently lost $20 million last season and stands to lose even more money during this season’s disastrous 7-43 campaign.

Jordan’s Bobcats have gone downhill quickly since making the playoffs for the first time in franchise history two seasons ago. Even Charles Barkley criticized MJ as an owner. But if Charlotte lands the top overall pick in the NBA lottery, the rebuilding process would begin with Kentucky forward Anthony Davis. If they hit home runs in two straight drafts, they’ll be in business. They’ll have to otherwise it sounds like MJ is out.

Photo Credit: Sam Sharpe-US PRESSWIRE

MORE FROM YARDBARKER:
Is Anthony Davis really the best big man from UK in the NBA?
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Michigan is now all-time winningest program in college football history

Wisconsin Badgers serve notice to Michigan State, rest of Big Ten

Ole Miss Rebels throttle Georgia, remain in New Year's Six bowl race

Broncos brass made right decision on parting ways with QB Osweiler

Wideout Dorial Green-Beckham to become more of a target says Eagles

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Is the NFL actively creating more opportunities for women in football?

Report claims Vikings teammates "upset" over Peterson surgery decision

Check out these bold predictions for Week 3 in the NFL

Jets wideout Brandon Marshall says Week 3 "not" in the cards for him

49ers QB Colin Kaepernick joins high school team for anthem protest

Dodgers honored Vin Scully tonight, and he wrote a letter to fans

WATCH: What are the best WR-CB rivalries of all-time?

Bill Belichick may be forced to get hilariously creative to fill his quarterback slot

Five MLB pitchers who need to be rescued from their teams

CFB Crash Course: Week 4 - No ranking is safe

Where does Landon Donovan's return rank among these notable athletes?

Five sports stadiums that should be renamed

WNBA playoffs head into second round after single eliminations

A 25-year award tour: Celebrating A Tribe Called Quest

YB Box Score: 9/23 - Win totals and the jobbing renaissance

WATCH: Is Anthony Davis the best Kentucky big man in the NBA?

NFL Kickoff: Week 3 - Pity the perpetually rebuilding Browns

Questions from reviewing the Vegas 2016-17 NBA win totals

NBA News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Where does Landon Donovan's return rank?

WATCH: What are the best WR-CB rivalries of all-time?

Bill Belichick may be forced to get hilariously creative to fill his quarterback slot

Five MLB pitchers who need to be rescued from their teams

Five sports stadiums that should be renamed

WNBA playoffs head into second round after single eliminations

CFB Crash Course: Week 4 - No ranking is safe

A 25-year award tour: Celebrating A Tribe Called Quest

WATCH: Is Anthony Davis the best Kentucky big man in the NBA?

A statistical trip thru Vin Scully’s extraordinary career

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker