Michael Jordan Named Part-Owner of Bobcats

Posted Jun 16, 2006

Michael Jordan became part-owner of the Charlotte Bobcats on Thursday in a deal that gives him a stake in most of majority partner Robert Johnson's ventures. Jordan's investment makes him second only to Johnson as the largest individual owner of the Bobcats. Johnson, who spent $300 million on the expansion Bobcats in 2002, said Jordan will be the managing member of basketball operations. (Forbes)

Related: Basketball Alumni

Lennie Rosenbluth & Pete Brennan: Last Loss In 1956 Motivated Us
The beginning of our run for the NCAA Championship in 1957 began when we lost to Wake Forest in the ACC Tournament semifinals the year...
Fri Jan 27, 2012

Birth of ACC hoops, Part I
The man most responsible for the league’s early success was Everett Case, coach at N.C. State. He had been highly successful in Indiana high school...
Fri Jan 27, 2012

A look at some highly anticipated UNC-NCSU games going back to 1989
With a 4-1 league record, N.C. State entered the midweek set of games as part of a three-way tie for first place in the ACC,...
Thu Jan 26, 2012

And the top 16 college hoop teams ever are ...
The CBS Sports Network will air a show in March on the best 16 college basketball teams in history. They asked me to submit a...
Thu Jan 26, 2012