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Posts Tagged ‘Bob Johnson’

This is a good start by our new owner, and something our old owner should read and learn from.  Looking forward to next season already.

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Forbes values the franchise at only $175 million.  Considering Michael Jordan only bought a “controlling interest” of the team, he probably paid even less than that.  A pretty good deal for His Airness.  This certainly isn’t good PR for the Bobs or for the NBA, but it’s probably pretty accurate.  The Bobs are hemorrhaging money.  NO [...]

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The Baltimore Colts couldn’t have done it any better.  In the dark of the night (as if it really mattered – no one knew him anyway), Bob Johnson left Charlotte.  It was announced early Saturday morning that Michael Jordan will become the new owner of the Charlotte Bobcats.  To turn this into political theater, the [...]

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How did I miss this?  Kelly Dwyer of Ball Don’t Lie rips Bob Johnson’s ownership of the Charlotte Bobcats.

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George Postolos, former Houston Rockets President and currently the head of an investment group interested in buying pro sports franchises, has inquired about purchasing the Bobcats.  The guy has had extensive involvement with the NBA in a variety of capacities.  Whether we end up with a high-profile owner like Michael Jordan or a lower-key guy like Postolos, [...]

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Billionaire $500-millionaire Bob Johnson is looking to sell his majority stake in the Charlotte Bobcats.  It’s no secret that the team is losing money, and Johnson has seen his net worth shrink in half over the past few years due to losses in his other investments.  Oh, there is that divorce a few years ago.  So, [...]

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The owners of the Charlotte Bobcats, Bob Johnson and Michael Jordan, were ranked the fifth worst in the NBA by si.com.  It’s not necessarily the ranking that matters; it’s the fact that the Bobs have been in the bottom of league payroll each of their five seasons.  Plus, it’s not like SI is the only outlet [...]

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The Bobs blew a 20-point lead at Washington, and lost 95-93 tonight.  Barring a collapse by the Bulls, tonight’s loss basically sealed our fate as a lottery team.  There really was no excuse for this.  The Wizards only suited up 8 players tonight.  This reminded me of some other games we’ve blown, such as the [...]

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