This research will begin with the statement that born on February 17, 1963, in Brooklyn, New York, Michael Jeffrey Jordan (MJ) is one of the most famous professional basketball players not only in America but also in the world. He has played around 15 seasons in the National Basketball Association (NBA) in the 80s and 90s. Chicago Bulls and Washington Wizards were the major clubs for which MJ had displayed his basketball skills and abilities. It is believed that no other professional basketball players are as popular as MJ. MJ was instrumental in popularizing basketball not only in America but also across the world. Even though the popularity of MJ as a basketball player is unquestionable, his life is not free from controversies. It is believed that MJ was interested not only in sports activities but also in some of the other unacceptable social activities such as gambling. During the playoff season in 1993, Jordan has reported gambling in Atlanta just before one of the crucial matches of his club. . He admitted in the same year that he had lost around $57,000 in gambling. Moreover, author Richard Esquinas claimed that he had won $1.25 .million from Jordan on the golf course (Anderson, 1993). In short, the weakness of Jordan towards gambling is well recorded in the history. . Apart from a great basketball player, MJ is a good businessman also. “Jordan is involved in a number of business ventures, including several restaurants”.