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Friday, June 16, 2006

Michael Jordan and Robert Johnson

Here is something for the naysayers. For all the complaints about Mr. Robert Johnson, and his decision to sell BET, there is now a bit of positive reinforcement. I’ve mentioned before that rather than complaining about what he did others in the Black community should follow his lead and create enterprises they believe in and think are worthwhile. I also mentioned that the black community should support Mr. Johnson, directly or indirectly. It seems that one individual either heard my thoughts, or came to the same conclusion.

Mr. Michael Jordan has become a major investor in RLJ Companies, the new industry of Mr. Johnson. Via this Mr. Michael Jordan is now part owner of the Charlotte Bobcats. I’m not a fan of basketball but as far as I am aware RLJ Companies and thus Mr. Jordan are the only Black Owned company, and individual, to own a NBA basketball team. Mr. Jordan is no fool, and smart enough to earn roughly 37 million dollars a year though he retired some time ago. His investment would indicate to me that he believes that this is a profitable venture. Beyond that he has supported the efforts of a black-owned business directly.

How many others out there can say the same? And what will the black community in general do? Will you support black business, and a sport that is directly targeted to Black African Americans in a manner that no other sport ever has been except possibly boxing, and watch the Bobcats? Will you choose to look the other way because you are upset about Mr. Robert Johnson’s move up in business? I tend to think that Mr. Jordan is a far better businessman than I and I would rather support him than detract. But perhaps others feel differently.

Well this is one way to look at it. I’m sure there are others.

This is what I think, what do you think?
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