Ballers making moves: Michael Jordan reaches deal to buy the Charlotte Bobcats!

February 27, 2010

This is going to be a good look, since it isn't your money...

MJ is finally making moves.   David Stern wanted this to happen, and the man is a gangster, so it did.

By MIKE CRANSTON AP Sports Writer

Posted: 02/26/2010 10:31:40 PM PST

Updated: 02/26/2010 10:39:52 PM PST
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.

Now that means that Jordan will have more time to hit the links.

See Tiger, you have to diversify...

and counsel lost souls like Tiger Woods about how to handle being famous and having jumpoffs.

Giddy UPPPP!!!!!

Maybe had this happened earlier, Tiger would not have lost Gatorade….

3 Responses to “Ballers making moves: Michael Jordan reaches deal to buy the Charlotte Bobcats!”

  1. tophatal said

    Michael buys the Bobcats and Magic intends to be Ebony Magazine. You tell me who in fact got the better end of the deal ?

    Let’s just hope Mike doesn’t screw things up the same way he did in Washington and then was kicked to the kerb by Abe Polin ?

    Alan Parkins

  2. tophatal said

    Steve

    Does it get any better than Maze when Frankie Beverley gets the crowd going ?

    Alan Parkins

  3. tophatal said

    Steve

    I can only hope that Jordan has the common sense to keep the same front office staff in place ! Rather than choosing to bring in his own people.

    Fred Whitfield and Bernie Bickerstaffe have been the guys that’ve kept this outfit viable to an extent. Alongside the team’s play and Brown’s coaching.

    I can well understand Bob Johnson’s reasons for wanting to sell. As his other business interests now need more of his time and devotion.

    Alan Parkins

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