Jordan agrees to buy Bobcats

King Taharqa · 02-27-2010, 01:30 AM

just scrolled on the ESPN ticker.

King Taharqa · 02-27-2010, 01:38 AM

Quote:

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

Kevin Greene · 02-27-2010, 01:39 AM

Congrats.

King Taharqa · 02-27-2010, 01:43 AM

Quote:

Originally Posted by Kevin Greene

Congrats.

Thanks man. Now we can focus back on the playoff hunt. I cant wait to see your boys here in town next Friday.

King Taharqa · 02-27-2010, 01:49 AM

X-Clown · 02-27-2010, 01:52 AM

So KT, you're gonna let that last sentence of the AP article slide?

SmashMouth5852 · 02-27-2010, 01:52 AM

The best Basketball player to ever play the game now owns our team..

very overwhelming

I am God · 02-27-2010, 02:11 AM

The deal will end Johnson's largely unsuccessful stint as the first black majority owner of a major professional sports team.

King Taharqa · 02-27-2010, 02:12 AM

Quote:

Originally Posted by SmashMouth5852

The best Basketball player to ever play the game now owns our team..

very overwhelming

Yeah man its a beautiful thing for us Bobcats fans. The fact that this comes after a win is even sweeter. I just hope people dont treat Mike like they did Bob and hold a grudge about Postolos not getting the team or a million articles in the Observer questioning him as an owner for the next 6 years.

CarolinaBlue704 · 02-27-2010, 02:18 AM

Quote:

Originally Posted by X-Clown

So KT, you're gonna let that last sentence of the AP article slide?

It was unsuccessful because he lost money.Anyone who thinks Johnson was the worst owner in sports,or the NBA for that matter,is an idiot.The Bobcats are pushing the luxury tax,so he spent plenty of money to put a competitive team on the court.And that's all I ask from an owner.

He could have been cheap and not spent any money like many other owners do when they're losing millions.And for that I give props to Johnson.

Could he have showed up at more game?Yes.

Could he have done a better job at marketing the team?Yes.

But he was far from being the horrible owner that many people made him out to be.With all that being said,he was a very average owner.But he could have been a lot worse.And I hope MJ does a better job,especially at marketing the team.

02-27-2010, 01:30 AM	#1
King Taharqa The Black Quarterback Join Date: Nov 2008 Posts: 3,232 Pie Slices: 0 Given Pie 35 Times in 27 Posts Rep Power: 57	Jordan agrees to buy Bobcats just scrolled on the ESPN ticker. __________________

02-27-2010, 01:39 AM	#3
Kevin Greene First Victim_NY Giants Join Date: Nov 2008 Posts: 5,903 Pie Slices: 145 Given Pie 47 Times in 38 Posts Rep Power: 127	Congrats. __________________ ..............Lock and Load

02-27-2010, 01:52 AM	#7
SmashMouth5852 tgodm 1967-2001 Join Date: Feb 2010 Age: 24 Posts: 1,427 Pie Slices: 222 Given Pie 46 Times in 35 Posts Rep Power: 80	The best Basketball player to ever play the game now owns our team.. very overwhelming Last edited by SmashMouth5852; 02-27-2010 at 01:55 AM.

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02-27-2010, 01:49 AM	#5
King Taharqa The Black Quarterback Join Date: Nov 2008 Posts: 3,232 Pie Slices: 0 Given Pie 35 Times in 27 Posts Rep Power: 57

02-27-2010, 01:52 AM	#6
X-Clown Positive Polly Join Date: Nov 2008 Posts: 2,306 Pie Slices: 13 Given Pie 21 Times in 15 Posts Rep Power: 45	So KT, you're gonna let that last sentence of the AP article slide?

02-27-2010, 02:11 AM	#8
I am God Senior Member Join Date: Nov 2008 Posts: 2,149 Pie Slices: 43 Given Pie 40 Times in 31 Posts Rep Power: 30	The deal will end Johnson's largely unsuccessful stint as the first black majority owner of a major professional sports team.