Jump to content

APNewsBreak: Jordan reaches deal to buy Bobcats


The Regime
 Share

Recommended Posts

CHARLOTTE, N.C. (AP)—Michael Jordan has struck a deal to buy controlling interest of the Charlotte Bobcats, putting the former NBA superstar in charge of the money-losing team in his home state.

 

Traci Blunt, a spokeswoman for owner Bob Johnson, told The Associated Press that Jordan was able to put together an ownership group late Friday to buy the team he has been a part-owner of since 2006. Jordan has been running the team’s basketball operations.

 

http://sports.yahoo.com/nba/news?slug=ap-bobcats-ownership&prov=ap&type=lgns

Link to comment
Share on other sites

I really like this move for the city of Charlotte. In an already economically blessed locale, Charlotte is a southeastern sports city that has been slept on for over 20 years. A move like this by Jordan would really help supplant the region as a legitamate competitor with the Atlanta or Miami-Dade area.

Edited by crabbylion
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

×
×
  • Create New...