Michael Jordan Is A Billionaire Thanks To Soaring NBA Team Values

[fifth column]

Dre is lucky Jimmy fukking Iovine was nice enough to include Dre and muscle Monster from ownership. Dre didn't want anything to do with it.

Iovine and his friends company own majority of Beats. Why do people live vicariously through This purchase?

I tried to lead that NYC Rebel dude to the right answer of MJ owning an NBA team but the hate wouldn't let him think straight

 

[FaTaL]

Dre is lucky Jimmy fukking Iovine was nice enough to include Dre and muscle Monster from ownership. Dre didn't want anything to do with it.

Iovine and his friends company own majority of Beats. Why do people live vicariously through This purchase?

nice enough?

lovine and his buddies needed a name to attach to the headphones for them to sell. it was a perfect marriage

what were they gonna call it, beats by jimmy lovine?

 

[Mensch Fontana]

you cant take the 34% and the 248% and take the average balmer seriously overpaid for the clips

 

[scarhead]

No...it's one of his NUMEROUS revenue streams.

I don't get the point you're making here when I'm obviously comparing two guys making money over products that...


bear their name.

You can look at it this way, though.
Dre was mostly a "worker" to your standards in the music biz for years before he partnered with Jimmy with Aftermath, and later down the line, Beats by Dre.
So he used his money and connections from music and parlayed in a biz ownership that finally made him a billionaire (or close to that).
MJ was a "worker" albeit a very high-paid one and used that money and connection to own a biz (Hornets) that made him a billionaire.
See the parallel?
If you wanted to talk about "being an owner of a billion dollar asset" then both of them belong there.

OP was about MJ becoming a billionaire thru the ownership of Charlotte Hornets, not Air Jordans.
Then you came in this thread with two talking points, one is "being an owner", and the other being "royalties vs equity share return on products bearing their names".

1. "Promoting ownership in general", if it was about promoting ownership in the pursuit of accumulating major wealth, MJ is there because he got there by owning a billion dollar asset in Hornets.

2. "Royalty vs Equity" If your talking point is about MJ not becoming a billionaire from Air Jordans, then it is not relevant to the original topic because it wasn't about Air Jordans in the first place.

With the timing of things you could've been very well compelled to compare the two, but you're comparing apples and oranges here.
If you wanted MJ to became a billionaire thru sneaker money on top of the Hornets valuation, then that's your personal wish and not relevant to the topic at hand.

 

[NYC Rebel]

You can look at it this way, though.
Dre was mostly a "worker" to your standards in the music biz for years before he partnered with Jimmy with Aftermath, and later down the line, Beats by Dre.
So he used his money and connections from music and parlayed in a biz ownership that finally made him a billionaire (or close to that).
MJ was a "worker" albeit a very high-paid one and used that money and connection to own a biz (Hornets) that made him a billionaire.
See the parallel?
If you wanted to talk about "being an owner of a billion dollar asset" then both of them belong there.

OP was about MJ becoming a billionaire thru the ownership of Charlotte Hornets, not Air Jordans.
Then you came in this thread with two talking points, one is "being an owner", and the other being "royalties vs equity share return on products bearing their names".

1. "Promoting ownership in general", if it was about promoting ownership in the pursuit of accumulating major wealth, MJ is there because he got there by owning a billion dollar asset in Hornets.

2. "Royalty vs Equity" If your talking point is about MJ not becoming a billionaire from Air Jordans, then it is not relevant to the original topic because it wasn't about Air Jordans in the first place.

With the timing of things you could've been very well compelled to compare the two, but you're comparing apples and oranges here.
If you wanted MJ to became a billionaire thru sneaker money on top of the Hornets valuation, then that's your personal wish and not relevant to the topic at hand.

Got you bruh. You're 100% right.

 

[scarhead]

Got you bruh. You're 100% right.

Respect.

 

[#1 pick]

Good for him.

 

[thegreatest]

 

[Bboystyle]

Dre was worth 250-350mm before the beats deal.
Beats made him most of his money but he was worth alot before Beats was started

DIDDY CRUSHES JAY-Z & DR. DRE ON FORBES' TOP 5 "WEALTHIEST HIP-HOP ARTISTS" LIST | SOHH.COM
Diddy, $580 M 2: Jay-Z $475M 3: Dr Dre $350M 4: Birdman $150M 5: 50 Cent $125M Birdman:

The Richest Rappers In The World 2013 | Celebrity Net Worth

• 1. Diddy – Net Worth: $580 million (up $80 million)
• 2. Jay-Z – Net Worth: $500 million (up $25 million)
• 3. Dr. Dre – Net Worth: $360 million (up $100 million)
• 4. Master P – Net Worth: $350 million (no change)
• 5. 50 Cent – Net Worth: $260 million (up $10 million)

The Forbes Five: Hip-Hop's Wealthiest Artists 2013 - Forbes
Andre “Dr. Dre” Young ranks third with $350 million, thanks mostly to his Beats by Dr. Dre headphones. A year after selling 51% of the company to handset maker HTC for $300 million in August 2011, Dre and his partners bought back half of the half they sold in 2012—and their investment continues to soar in value due to Beats’ whopping 65% market share of the premium ($99 and up) headphone market.

Master P a straight business genius....

 

[Tony D'Amato]

Just because Ballmer dumb ass overpaid doesn't mean the next man will....no one is paying him a billi plus to buy the Hornets......

at least
700mil once they get rid of that Bobcats sh1t. And they have a new arena

 

[Rekkapryde]

at least
700mil once they get rid of that Bobcats sh1t. And they have a new arena

city owns the arena though.

 

[Tony D'Amato]

city owns the arena though.

But the Hornets are really the show. Im sure they get a good share of revenue. And will get more when the Hornets colors and logo are back. Soon they'll attract a free agent. I wish Blake Griffin could go there. Give him his on squad away from Dribble Addict

 

[KingCetshwayo]

Jordan say if you find a 50 he p^ssy!

 

[KingCetshwayo]

Rich a f^ck!

 

[Marciano]