MLB

Stardom doesn't equal instant success

Jon Paul Morosi on what Magic Johnson will bring to the Dodgers.
Jon Paul Morosi on what Magic Johnson will bring to the Dodgers.
The Daily CHARLES CURTIS
Share This Story

   
 

Dodgers fans believe in Magic. But they should remember that Earvin Johnson isn’t the first former pro athlete to dip his foot into the ownership waters. Here are five who moved upstairs with varying degrees of success:

Michael Jordan — His Airness became a part-owner of the Charlotte Bobcats in 2006 and eventually acquired a controlling share in 2010. After the team’s first playoff appearance in 2010, Charlotte had a 34-48 record last next season and currently owns the worst record in the NBA. In other words, it’s rebuilding time. Again.

Jerry Richardson — The former Colts receiver went from catching passes from Johnny Unitas to owning the Carolina Panthers, when the franchise joined the NFL in the 1995. In 17 seasons, the Panthers have reached the playoffs four times with an appearance in Super Bowl XXXVIII. The future looks brighter with Cam Newton taking snaps.

Nolan Ryan — With the Texas Rangers floundering due to overspending — remember Alex Rodriguez’s $252 million contract? — lawyer Chuck Greenberg and Ryan purchased his former team in bankruptcy court in 2010. With consecutive World Series appearances, it’s obvious The Ryan Express has the franchise on the right track.

THE DAILY

The Daily is the first daily national news publication created for the iPad. For more, click here.

Mario Lemieux — In 1999, the Penguins were in bankruptcy with the threat of relocation. The legendary center gathered a group of investors and kept the Pens in Pittsburgh. All they did was win a Stanley Cup in 2009 and move into a new arena the following season.

Wayne Gretzky — The Great One’s time as a 10 percent owner of the Phoenix Coyotes didn’t exactly mirror his on-ice success. He became the team’s head coach in 2005 and missed the playoffs in each of his four seasons behind the bench. The Coyotes filed for bankruptcy in 2009 and hear relocation whispers annually.

Related Stories

Member Comments

Please note by clicking on "Post comment" you acknowledge that you have read the Terms of Use and the comment you are posting is in compliance with such terms. Be Polite. Inappropriate posts may be removed by the moderator.

powered by



MLB Videos

Bautista talks Derek Jeter's final All-Star Game Posted: Jul 16, 2014
Jose Bautista discusses Derek Jeter's career and his final appearance in the MLB...

Jeter honored to play in last All-Star Game Posted: Jul 16, 2014
Derek Jeter compares his first All-Star Game experience with his last, Mike Trou...

Matheny defends Wainwright: He's out there to compete Posted: Jul 16, 2014
Mike Matheny comments on the media's reaction to Adam Wainwright's joke about le...

SimLeague Baseball - Simulation Baseball Game

More Than Sports on MSN

Fox Sports Store

    itemName itemURL imageSrc price itemDescription
    Nike New York Yankees Practice T-Shirt - Ash http://shop.foxsports.com/FOX_New_York_Yankees/browse/featuredproduct/606363/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_606000/ff_606363_xl.jpg&w=100 27.95 Nike New York Yankees Practice T-Shirt - Ash
    Majestic Detroit Tigers 2012 MLB American League Champions Clubhouse Locker Room T-Shirt - Navy Blue http://shop.foxsports.com/FOX_Detroit_Tigers/browse/featuredproduct/1064043/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1064000/ff_1064043_xl.jpg&w=100 24.95 Majestic Detroit Tigers 2012 MLB American League Champions Clubhouse Locker Room..
    Majestic San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker Room T-Shirt - Gray http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1067359/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1067000/ff_1067359_xl.jpg&w=100 24.95 Majestic San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker R..
    Majestic San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker Room Pullover Hoodie - Steel http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1067382/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1067000/ff_1067382_xl.jpg&w=100 54.95 Majestic San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker R..
    New Era San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker Room 39THIRTY Flex Hat - Charcoal/Black http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1067785/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1067000/ff_1067785_xl.jpg&w=100 31.95 New Era San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker Ro..
    Majestic San Francisco Giants 2012 MLB World Series Champions Glory T-Shirt - Black http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1068294/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1068000/ff_1068294_xl.jpg&w=100 21.95 Majestic San Francisco Giants 2012 MLB World Series Champions Glory T-Shirt - Bl..
    Majestic San Francisco Giants 2012 MLB World Series Champions Batting Practice Performance Jersey - Black/Orange http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1068787/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1068000/ff_1068787_xl.jpg&w=100 94.95 Majestic San Francisco Giants 2012 MLB World Series Champions Batting Practice P..