Jordan officially the Bobcats’ owner

What we all knew would be is now approved and final, Michael Jordan’s bid to own controlling interest in the Charlotte Bobcats was unanimously approved by NBA Board of Governors. The one thing I did learn, and find really interesting, is that of right now Jordan is the only investor in the ownership group. And while most people people believe the ex NBA superstar will find local investors. David Stern said that he was pleased that the purchase was “closed in such a smooth and expeditious fashion”. Now we will wait for MJ to talk about all of this since he had said he would not be speaking on the transaction until it was approved. All I can say is that I wish the best of luck to the Tar Heel that once said to me “move out of the way frosh”.