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Michael Jordan becomes part owner of Charlotte BobcatsMichael Jordan becomes part owner of Charlotte Bobcatsby Alfred JohnsonJordan will become the largest individual owner of the Bobcats after Johnson. Jordan will become the Managing Member of Basketball Operations for the Bobcats group. Jordan bought a considerable piece of the Bobcats on Thursday, becoming the second-largest individual investor behind Johnson. He was named the managing member of basketball operations, and will instantly turn his attention to help general manager Bernie Bickerstaff prepares for the NBA draft. Jordan who led the Chicago Bulls to six NBA championships and won five MVP awards, bought into Johnsons accessible portfolio of media, entertainment and financial services. Hes also the first black owner of any professional franchise. The Bobcats ranked 28th after their first season in the outdated Charlotte Coliseum then moved into a new $265 million arena last season. Eventhough; the arena received rave reviews, the Bobcats sold out only seven of 41 games and attendance ranked 22nd in the NBA. About the Author Alfred Johnson provides all sports fans with the most recent a up to date news information in the sports world. Mr. Johnson has been an exceptional article writer for www.bookemdirect.com Feel free to reprint this article in its entirety on your site, make sure to leave all links in place and do not modify any of the content. |