Michael Jordan Cinched to be a Charlotte Bobcats Owner

Michael Jordan whose desire to acquire an NBA team, finally become a reality. Charlotte Bobcats owner Bob Johnson announced that he and Jordan come to terms that will likely sell the majority interest of the ball club to legendary NBA superstar Jordan a five time NBA MVP winner and the owner of the MJ Basketball Holdings, LLC.

The deal however is still subject to the approval of the NBA.

Jordan become part of the Bobcats ownership in June 2006 and was the team’s managing member of basketball operations. Jordan hold the position with the Washington but parted ways after three and a half years. Jordan’s applauded move so far is bringing in fellow Hall of Famer and much sought after coach Larry Brown to coach the Bobcats at the beginning of the 2008-09 NBA season.

The Bobcats still hasn’t made it to the playoffs on its franchise history, but in the thick of things this season as they trail the Miami heat by just half a game with a win-loss slate of 28-29 for the eight and last spot in the Western Conference.