Bobcats owner says team will never leave Charlotte

The Charlotte Observer (Scott Fowler) reports:  Charlotte Bobcats owner Bob Johnson said Wednesday afternoon that he “absolutely, unequivocally” would never move the team out of Charlotte, but he left open the possibility of selling his majority stake in the NBA franchise to Michael Jordan. His comments came as his team wrapped up its season with improved play but projections of roughly $35 million in cash losses over the next two years, people familiar with the situation told the Observer. In an exclusive interview with the Observer, Johnson said his close friend Jordan would be an excellent owner for the Bobcats and could possibly buy the majority share in the team whenever Jordan came up with the proper financing.

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