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  1. #1
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    Default Jordan agrees to buy Bobcats

    CHARLOTTE, N.C.—Michael Jordan has struck a deal to buy controlling interest of the Charlotte Bobcats, taking 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.

    The purchase price was not immediately available.

    Former Houston Rockets executive George Postolos also bid on the Bobcats. The NBA's owners still must approve the purchase.

    The deal will end Johnson's largely unsuccessful stint as the first black majority owner of a major professional sports team.
    http://www.mercurynews.com/breaking-news/ci_14482184

  2. #2
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    Default

    Beat me to it. I rushed here to get a certain 100 post thread =(

  3. #3
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    Default yay

    Now we can focus solely on basketball. I just saw it on the bottom line but I barely caught it so i had to wait until it came by again. Now we don't have to worry about the organization getting wiped clean. Thank God

  4. #4
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    Default


  5. #5
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    Default

    I am so glad this is finally over

  6. #6
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    Default

    Hopefully this means LB will be here for one more run. If that's the case thanks MJ. Now on to this very, very, very important playoff run.

  7. #7
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    Default

    Sounds like Postolos was the change we needed: http://www.charlotteobserver.com/201...be-bobcat.html

  8. #8
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    Default

    So we are going to keep this front office?
    #1 Henderson Fanboy

  9. #9
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    Default Postolos sucks

    Postolos would not have been able to do here what he did in Houston because 98% of that was because they drafted Yao Ming. Their fanbase was Houston and China. That is why they gained so much value. He was planning to basically wipe out everything this organization is built on and start over with all new people. I am a season ticket holder and I enjoy knowing who everyone is. If I had to start over with that my experience would be hindered. Go MJ

  10. #10
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    Default

    I kinda wanted Postolos just for the change.

    What has MJ done to inspire confidence in anyone?


 

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