The Charlotte Observer reports:

July 15, 2010 - Stateline, Nevada, USA - MICHAEL JORDAN plays in the 21st annual American Century Championships at the Edgewood Tahoe Golf Course. Offering a total purse of 600,000 dollars, the made-for-tv ACC, owned and broadcast by NBC Sports, is the world's premier celebrity golf tournament. For the fifth year in a row, the Lance Armstrong Foundation and its LIVESTRONG Global Cancer Campaign is the Championship's official charity.

Bobcats owner Michael Jordan is officially a Charlotte homeowner.

Jordan has purchased and combined the two top-floor penthouses at The Trust, a luxury uptown condominium building at 139 South Tryon St. He closed on the $3.15 million property Thursday, according to the McDevitt Agency, which brokered the deal.

His new, 7,000-square-foot residence is about two blocks from Time Warner Cable Arena, where the Bobcats play. The seven-floor Trust building also houses Chima Brazilian Steakhouse.

InsideHoops.com editor says: $3.15 million is pocket change. He probably paid it in $20 bills that he found in his jeans. I’m sure my readers can relate.