Michael Jordan To Be The New Owner Of The Charolette Bobcats

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I'm proud yet concerned.

With minutes to go until his exclusive negotiating window was to expire, Jordan struck a deal late Friday night to buy controlling interest of the Charlotte Bobcats, putting the six-time NBA champion in charge of the money-losing team in his home state.

Owner Bob Johnson announced in a statement that he's agreed to sell the Bobcats to Jordan, who been a part-owner of since 2006. Jordan has been running the team's basketball operations.


Proud because I know from MJ's days in DC he always wanted to own a team. Concerned because I know from MJ's days in DC he was essentially merciless in practice, and became increasingly impatient with the fact that the other players weren't as good as he was.

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