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Old 06-15-2006, 06:27 PM   #1
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Join Date: Jun 2006
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Lightbulb Michael Jordan is new part owner of Bobcats

Robert L. Johnson, founder of BET and majority owner of the NBA’s Charlotte Bobcats, announced today that he will enter into a venture with Michael Jordan to invest in business opportunities in media, entertainment and financial services.

As part of Jordan’s investment in Johnson’s existing portfolio, Jordan will become the largest individual owner of the Bobcats after Johnson. Jordan will become the Managing Member of Basketball Operations for the Bobcats ownership group.


Last edited by insidehoops : 06-15-2006 at 07:04 PM.
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