1.
Vikings' Asher Allen retires at age 24
CHARLOTTE, N.C., Feb. 27 (UPI) -- Retired basketball superstar Michael Jordan's investment group is buying a majority share of the NBA's Charlotte Bobcats, the team owner said Saturday.
Already a minority owner, Jordan's group bought the majority share from businessman Robert Johnson, Johnson said in a statement, CNN reported. Jordan, 47, already oversees the Bobcat's basketball operations, after winning six NBA titles with the Chicago Bulls.
The deal is subject to NBA approval. The purchase price was not reported.
CNN reported that Johnson said he has signed an agreement to sell a majority interest of Bobcats Sports and Entertainment to Michael Jordan and MJ Basketball Holdings LLC.
BET founder Johnson said he had been looking for a buyer.
|
|
|
| Additional Sports News Stories | |
PARIS, June 1 (UPI) --
Victoria Azarenka and Maria Sharapova, the world's top two ranked women's tennis players, picked up wins Friday at the French Open.
|
NEW YORK, June 1 (UPI) --
U.S. author Lauren Weisberger is working on a sequel to her 2003 blockbuster novel, "The Devil Wears Prada," EW.com reported.
|
MIAMI, June 1 (UPI) --
U.S. weather forecasters say the 2012 Atlantic hurricane season is expected to be about average, despite the rare late-May landfall of Beryl.
|
HOLMES BEACH, Fla., June 1 (UPI) --
Employees at a Florida grocery store restrained a Cuban sandwich thief by sitting on him until authorities arrived, police say.
|
| Stories | Photos | People | Comments |
View Caption
