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Sources: Jordan may buy Bobcats

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Posted May 23, 2009 - 04:48 PM

Michael Jordan will take a serious look at buying controlling interest in the Charlotte Bobcats, according to two sources knowledgeable of the situation. Jordan has not been available for comment since the Observer reported Friday that majority owner Bob Johnson is looking to sell the team. Jordan has a minority interest in the Bobcats and the former NBA superstar oversees their basketball operation. Jordan has said in the past he'd like to be majority owner. Now that's more than hypothetical, with Johnson hiring sports investment banker Sal Galatioto to find a buyer.

Charlotte Observer

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