The Goods Posted June 28, 2009 Report Share Posted June 28, 2009 A group led by former Rockets president George Postolos has reportedly entered in talks to purchase the Bobcats. Postolos helped the Rockets get a new arena and the franchise's growth jumped from $166 million to $422 million during his 7 1/2 years in Houston. He refused to comment on the Charlotte rumors, but when he left the Rockets back in 2006 he said that he would love to get back into the industry. "I could be part of a group that owns a team," he said three years ago. "That could be attractive. That has always been a goal of mine. It's not an easy thing to make happen." Michael Jordan, a Bobcats minority partner, said Thursday that he also hoped to put together a group to buy the team. http://www.realgm.com/src_wiretap_archives/60139/20090628/postolos_firm_looks_to_purchase_bobcats/ Quote Link to comment Share on other sites More sharing options...
OldChili Posted June 29, 2009 Report Share Posted June 29, 2009 Interesting... Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.