DALLAS (AP) -NBA commissioner David Stern expects the Charlotte Bobcats to be sold within 60 days. He’s just not ready to say if Michael Jordan will be the buyer.
At his news conference Saturday on the eve of the All-Star game, Stern said if Jordan was the buyer “that would be a good thing.” Jordan is currently a minority investor in the Bobcats but majority owner Bob Johnson has given Jordan control of the basketball operations.
Johnson is the first black majority owner of a major professional sports team, but has lost tens of millions and is looking to sell.
Jordan has first refusal on any sale, but it’s unclear if the Hall of Famer has an ownership group in place.
Former Houston Rockets executive George Postolos has also inquired about the Bobcats.
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