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NBA Approves Michael Jordan's Bid To Buy Bobcats For $275 Million
Michael Jordan, already the director of basketball operations and a minority owner of the Charlotte Bobcats, has agreed to purchase majority owner Robert Johnson's share of the franchise.
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February 27, 2010
Michael Jordan Reaches Deal To Purchase Charlotte Bobcats
Michael Jordan has reached a deal to purchase Robert Johnson's majority ownership of the Charlotte Bobcats. He was already a minority owner and director of basketball operations for the franchise.