Buying a professional sports team is a big leap in anyone’s life. It can be said that purchasing a team is almost like purchasing a very large, very diverse family. It’s not just the athletes that come with it after all, it’s the coaches, the staff, and anyone and everyone that has something to do with the franchise. Michael Jordan attempting to buy a team on his own might make sense to some but it would be a head scratcher for others. After all the guy only played minor league ball and he wasn’t that great. Derek Jeter might actually be called a number of names for attempting to buy into a team so far from where he made his name, but that’s a minor thing really.
There are other reasons why Jordan and Jeter buying the Marlins doesn’t make a lot of sense. Here are a few listed below.
The Marlins are over-priced at $1.2 billion asking price.
A lot of factors go into the value of a team. The ticket sales, the ticket prices, the size of the stadium, average attendance, and so on and so forth. In order to be worth the money the team has to show that they can produce results and fill the seats on a constant basis. While the Marlins aren’t the bottom of the barrel when it comes to pro teams, their attendance record hasn’t been so great as to warrant the price tag that’s being placed on the team as of now. At best they should only be able to demand $850 to $950 million tops. If Jordan and Jeter decide to go for asking price they’ll be taking on an overpriced ball club. With less funds they’d have less chance to really take care of the team, and that would mean that the Marlins would suffer for it.
Jordan has already proven his inability to run a team.
With the Charlotte team, be it the Bobcats or the Hornets, under his command, Jordan has had limited success with his role as the president of the franchise. The GOAT of the NBA has swiftly been becoming obsolete as he can’t seem to find the winning formula to keep his team on the winning side. Given that he knows less about baseball than he does about the NBA, it seems reasonable to assume that he might have to adopt a very hands off attitude if he does in fact go in on this deal. Unfortunately it won’t matter if he keeps his hands off or gets hands on, either way could hurt the ball club.
They don’t quite have the money.
At this point Jordan and Jeter are still attempting to raise the money. This might not be a problem save for the fact that they have to take on added investors, which means that the team won’t really be owned by Jeter and Jordan. It will have outside investors that could have as say in how the team is run. This could be good or bad depending on how decisions are going to be made. In any case it leaves a lot of open-ended questions and provides only a few cursory answers as to what might happen.
It just seems like a bad idea all around to let these two buy a ball club. ‘Nuff said.