MJ To Buy Bobcats?

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Pugz

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Bobcats president Michael Jordan has until the end of February to match an offer to purchase the team, sources told ESPN The Magazine's Ric Bucher.

Charlotte owner Robert Johnson has been trying to sell the team and former Houston president/CEO George Postolos has made a new offer for the franchise.

Jordan negotiated a right of first refusal after Johnson made it clear he intended to sell the Bobcats, according to a team source.

A source close to the situation said that Postolos does not plan to retain Jordan or his staff if he is successful in purchasing the Bobcats.

Via ESPN
 

Pugz

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Bobcats coach Larry Brown says Michael Jordan is doing all he can to buy majority control of the franchise from current owner Bob Johnson.

"He said he's doing his best to put himself in a position to get the team," Brown said. "He wants it badly."

Johnson is looking to sell the team, which has been unprofitable as of late.

NBA commissioner David Stern said over the weekend that he expects a sale within 60 days.

Via Associated Press
 

dez

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Its going to happen, fans want it, Stern wants it.

I just hope they stay in Charlotte
 

Pugz

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Its going to happen, fans want it, Stern wants it.

I just hope they stay in Charlotte
How cheap are tickets now? I think a couple years ago they had some for like 12 bucks, right?
 

playmaker7

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Yeah I don't see a reason why it wouldn't happen. Although owners don't want him to, no one cares about what they think because its Jordan.
 

.GR

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Hope it happens.
 

RipCity32

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Just buy Detroit from Davidson, MJ <_<
 
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