Jump to content

  • Welcome!

    Register and log in easily with Twitter or Google accounts!

    Or simply create a new Huddle account. 

    Members receive fewer ads , access our dark theme, and the ability to join the discussion!

     

Jordan agrees to buy Bobcats

King Taharqa

By King Taharqa,
in Charlotte Hornets

Recommended Posts

King Taharqa Newbie

King Taharqa

Posted
  • Author
Posted

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

Link to comment
Share on other sites
King Taharqa Newbie

King Taharqa

Posted
  • Author
Posted

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

:o 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. :rolleyes:

Link to comment
Share on other sites
Implied Volatility Newbie

Implied Volatility

Posted
Posted

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.

Link to comment
Share on other sites
Vagrant Explorer

Vagrant

Posted
Posted

I am proud that we still have the league's only black owner. Very progressive and I hope it's a trend that starts catching on. I think Jordan is a better basketball man than his career track record indicates and it's awesome that we still get to keep Brown too.

What is good for us is that Jordan wants to win at any cost, and I think that's where he's different than Bob Johnson. Bob was a fantastic business man and he couldn't justify spending hand over fist for a team nobody was watching, but I think Jordan with his reckless spending habits will do whatever it takes to send out a great team. This could make us an even bigger player in the free agent market for years to come.

Bring on the Jordan era!

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Go to topic listing

  • PMH4OWPW7JD2TDGWZKTOYL2T3E.jpg

  • Topics

  • Posts

    • tukafan21
      We joke about how the NFL has a script for the season. But maybe it's not a joke?

      By tukafan21 · Posted

      lol, that second part is quite literally one of the dumbest things ever. Having or not having guaranteed contracts has absolutely nothing to do with how much these billionaires have to pay.  Because there is a hard cap and a minimum cap spend requirement, and teams either use their cap or roll it over to use it all the next year, so the owners have to pay the same amount of money in the end no matter what. Having fully guaranteed contracts in the NFL would only hurt salary cap management, and thus would end up screwing over the team and its fan base when teams kiss on signings as they take up cap room that is needed to improve the roster. Look at the Browns with Watson, they gave him the fully guaranteed deal and all it’s doing is sucking up massive cap space now.  If they hadn’t done that, the owner would still be paying the same amount of money each year as that cap space would still be used elsewhere. If you want to argue for fully guaranteed contracts because the players deserve it, that’s an entirely different argument and a fair one to discuss.  But anyone against fully guaranteed deals isn’t doing it to argue for the billionaire owners.
    • rayzor
      Our guys working their azz's off to be the winners they know they are!!

      By rayzor · Posted

      Start posting in threads in the other forums instead of just creating threads. No one comes over here so you aren't starting conversations.  Get your ass up to 100 posts. It's not that hard. Don't create 100 posts. Contribute to conversations. 
    • Rocky Davis
      NHL Draft 2025

      By Rocky Davis · Posted

      Ryabkin could be the steal of the draft, he was a Top 10 pick heading into last season and had a rough year.  Lots of GMs passed on him because of that and his workouts. Pick has really high upside and Svech should be able to translate Rod tearing his arse a new one for making dumb plays since Svech has had several years of it.  🤣😂
×
×
  • Create New...