George Postolos News

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Michael Jordan Buys Charlotte Bobcats

It's a new era in Charlotte, though little on the court will change. Michael Jordan has successfully purchased the Bobcats, an NBA team he has essentially run for three years now. Jordan became an equity partner in 2006, taking over basketball operations, which meant implementing his own front office (led by old friend Rod...

Meet the New Bobcats Owner ... Soon

The Bobcats will have a new unofficial team owner this week -- possibly even today -- reports Rick Bonnell of the Charlotte Observer. Your next question, if you took Journalism 101, and assuming you care about the ownership of the Charlotte Bobcats, which I shouldn't assume as a given, in any event, your next question...

Michael Jordan Building Bid for Bobcats

If Michael Jordan managed to purchase the Charlotte Bobcats, it may not be great for the franchise. It may, in fact, be terrible. But it will be interesting, and that's all I -- an unbiased observer -- can ask for, right?Larry Brown, Jordan's hand-picked Tar Heel product of a coach, told Rick Bonnell of the Charlotte...

Will Michael Jordan Buy the Bobcats Outright?

Last summer, former Rockets exec George Postolos made a bid to purchase the Bobcats from fleeing founding owner Robert Johnson. It didn't work out, but rumors persisted that Johnson was ready to take bids. Well, Postolos is back and, according to ESPN's Ric Bucher, has an offer Johnson will accept. The hitch? Minority...

Report: Bobcats Sale Could Happen Within Two Weeks

UPDATE, 2:30 PM: The reporter who broke this story now hears the Bobcats may not be sold at all.One of a few NBA teams for sale -- the Charlotte Bobcats -- could change hands within two weeks, according to Rick Bonnell of the Charlotte Observer.Bonnell reports founding owner Robert Johnson is in serious talks with George...