Jordan becomes part owner of Charlotte NBA team
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Former Chicago Bulls superstar Michael Jordan agreed to become part owner of the National Basketball Association&#039;s Charlotte Bobcats.
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When the Nets re-signed Vince Carter, their best offensive player, to a four-year, $61.8 million deal, they celebrated as if Michael Jordan had just landed in East Rutherford.
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NBA commissioner David Stern is confident the Bobcats will succeed in Charlotte and predicted Thursday that the franchise will be among the league's best in two years.
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Bussinessman Dan Gilbert agreed to buy the Cleveland Cavaliers from owner Gordon Gund, acquiring a team that has surged from the NBA's depths since the arrival of LeBron James.
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Michael Jordan went to work for the Charlotte Bobcats on Thursday, overseeing a pre-draft workout as part-owner of the team.
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Charlotte, NC (Sports Network) - Antawn Jamison scored a game-high 24 points, Gilbert Arenas added 19 with eight assists, and the Washington Wizards spoiled the NBA debut of Emeka Okafor and the Bobcats with a 103-96 victory at the Charlotte Coliseum.
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Morris Peterson and the New Orleans Hornets agreed to terms on a 4-year contract, a person with knowledge of the deal told The Associated Press on Friday.
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Charlotte Bobcats forward Gerald Wallace will become an unrestricted free agent Sunday after deciding not to extend his contract for another season.
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"I'm being patient, waiting for the right situation,"  Jordan told The New York Times. "Basketball is still my  passion. If the right situation comes up, it will happen."
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CHARLOTTE, N.C. -- Michael Jordan remembers looking to the Boston bench during his 63-point game in the 1986 playoffs and seeing Celtics rookie Sam Vincent cheering on his extraordinary performance. Two years later, Vincent became Jordan's point guard in Chicago.
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Now the NBA has returned with the city's second expansion franchise, the Bobcats.
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OVERLAND PARK, Kan. --The Kansas City Wizards of Major League Soccer were sold to a six-person investment group led by Cerner Corp. executives Neal Patterson and Cliff Illig.
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By Crayton Harrison, The Dallas Morning News  Sep. 5--In his first big move as the Dallas Mavericks' owner in 2000, Mark Cuban signed the nutty, notorious forward Dennis Rodman to a contract, immediately building national buzz for the team.   Now Mr.
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The owner of the high-flying Cleveland Cavaliers has reached an agreement to sell controlling interest in the team, the National Basketball Association (NBA) franchise said Monday. Local media reports put the price at about &#36;375 million.
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The one-year deal, which was concluded just last Friday, will see Jordan purchase a supply of 2005-spec Toyota RVX-05 engines at an âaffordable priceâ for the 2005 world championship.
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Guard Corey Robinson was released by the Charlotte Bobcats on Thursday.
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The Midland Group, the new owner of Jordan Grand Prix, seems to be rolling in cash, at least that is how it looks when one examines the impressive list of acquisitions it has made in the last three years.