1.
Vikings' Asher Allen retires at age 24
CHARLOTTE, N.C., June 15 (UPI) -- NBA legend Michael Jordan Thursday became part owner of the Charlotte Bobcats.
The venture with majority owner Robert Johnson makes Jordan the second-largest individual owner of the club behind only Johnson.
Jordan was named managing member of basketball operations.
"I'm thrilled to have my friend, Michael Jordan, join me in my business and sports pursuits," Johnson said. "I not only respect Michael for his basketball knowledge and expertise, but also for his business skills, particularly in branding and marketing."
Jordan, a former part owner of the Washington Wizards, was a six-time NBA champion with Chicago, and led the NBA in scoring 10 times. He has been featured in numerous high-profile endorsement deals and his Jordan Brand -- a division of NIKE -- has become a fixture in the athletic shoes and apparel market.
"I am looking forward to providing my advice, where needed, to Bobcats' management in order to put the best possible team on the court," he said.
|
|
|
| Additional Sports News Stories | |
JACKSONVILLE, Fla., May 31 (UPI) --
Jacksonville, Fla., officials say a letter to the Jacksonville Jaguars owner accusing him of defaulting on his contract was the result of a "misunderstanding."
|
NEW YORK, May 31 (UPI) --
Actor Michael McKean, who was hit by a car last week while walking in New York, says he has been discharged from St. Luke's Hospital.
|
BALTIMORE, May 31 (UPI) --
U.S. astronomers are forecasting the Milky Way will have a violent collision with the neighboring Andromeda galaxy in about 4 billion years.
|
CLEVELAND, May 31 (UPI) --
Cleveland prosecutors have dropped their case against a man who was ticketed for littering when he dropped a dollar he was attempting to give a disabled person.
|
| Stories | Photos | People | Comments |
View Caption
