Saturday, February 27, 2010

Report: Michael Jordan Buys Charlotte Bobcats

Michael Jordan is upping his presence in his home state of North Carolina by reportedly purchasing full ownership of the Charlotte Bobcats.

His Airness has previously been a part-owner of the Bobcats since 2006, and ran the personnel for the team. BET founder Robert Johnson is selling the team to Jordan in a deal for which not all details have been made public.

AP reports say that Jordan will control 100 percent of the team, which puts the longtime financial loser entirely on his shoulders. Jordan has been criticized for not being a more visible part of the team at times.

The Bobcats are currently in ninth place in the Eastern Conference and are battling for a playoff spot.

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