MJ nearing the end of the battle to own the Bobcats

Michael Jordan

Is Michael Jordan going to be the owner of the Charlotte Bobcats? Not sure, but we might know the answer pretty quickly as The Charlotte Observer believes that this could all be resolved by today even. As we all know by now the two contenders for this are ex Heel Michael Jordan and ex Houston Rockets president George Postolos. Both men have denied interviews/comments on their position in this whole situation is. In all there is a value of $ 260 million that either have to come in with in order to purchase the NBA franchise. From what I have read/heard it seems that Jordan was still looking for partners to get into this venture. With time winding down, or so it seems by the story, and MJ still looking for help I have to say that if I was guessing it might be Postolos in the better situation to become the majority owner of this team. But, as the old saying goes, only time will tell, and so we will all wait to see what happens with the ownership of the Bobcats.

As I do with all Tar Heels let me wish the best to Michael Jordan as he tries to make this deal work. As soon as more news comes out I will make sure to put it up here on “The Fifth Corner”.

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