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22 May, 2009

Bob Johnson Seeks Buyer for Bobcats

Posted by: Darjan Milojkovic In: NBA Rumors

Charlotte Bobcats Arena

Charlotte Bobcats Arena

Bobcats majority owner Bob Johnson has increased his efforts to sell the team.

Johnson recently hired a sports investment banker to help him look for potential buyers.

Last month, Johnson told the News & Observer that he wanted to sell his stake to minority owner Michael Jordan. However, since then NBA sources claim that Johnson has begun looking for other buyers.

A source close to Johnson said, “It’s true, he’s committed to selling the team,” adding, “He’s lost passion” for owning it.

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2 Responses to "Bob Johnson Seeks Buyer for Bobcats"

1 | GJ

June 2nd, 2009 at 4:21 pm

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MJ should form a consordium of Magic, Bird, Charles, Mchale to buy the team.

2 | Mat

June 20th, 2009 at 6:03 pm

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Just sell the team to MJ and he will make them a WINNER!

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NBA Rumors was created by three college grads who played Division III NCAA basketball for Berkeley College. Back then, basketball was our life. A day did not go by without us talking about what was going on in the NBA.

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