Jordan to have majority ownership of Bobcats
Basketball Betting Lines
02/27/2010 -
Charlotte, NC (Sportsbook Betting Lines) - Charlotte Bobcats owner Bob Johnson
reportedly announced in the early hours Saturday morning that he has reached a
definitive agreement to sell a majority interest of the club to Michael Jordan
and MJ Basketball Holdings, LLC.
The deal, as per the Charlotte Observer, is still subject to NBA approval.
Johnson, the founder of Black Entertainment Television, became the first black
American to be the principal owner of a North American major-league sports
franchise when Charlotte began play in 2004.
Jordan joined the Bobcats ownership group in June 2006 and served as the
team's managing member of basketball operations, the same position he held
with the Washington Wizards earlier in the decade.
As a five-time league MVP, six-time champion and two-time gold medal winner,
Jordan has few rivals in regards to his game on the court.
The North Carolina native's stints in the front office, however, have come
under some scrutiny.
First was the tumultuous 2003 split with the Wizards after 3 1/2 unsuccessful
years with the organization as president of basketball operations, a position
he held while he was finishing up his playing days.
Now in Charlotte, Jordan has rarely been seen at team practices or games
despite calling the shots on all personnel transactions.
His most notable move thus far was luring fellow Hall-of-Famer Larry Brown to
coach the team at the start of the 2008-09 season.
The Bobcats have never made the playoffs, though they sit a half-game behind
the Miami Heat for the eighth and final spot in the Eastern Conference race
with a 28-29 record this season.
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Big Ten Conference odds
Teams that should be in: Michigan State, Indiana
Work left to do: Illinois, Purdue, Michigan, Iowa
Behind the big two, the pecking order might be in a bit of flux. Has Michigan State passed Indiana after handling the Hoosiers in East Lansing? Where is Illinois in that mix? What looked like a four-big league last week could be morphing into five -- and even six is not unthinkable at this point if everything breaks right.
Should be in:
Michigan State [21-8 (8-6), RPI: 20, SOS: 15] The Spartans made it four-for-four on the homestand, a gigantic accomplishment that leaves them in extremely good shape. MSU is only 1-6 on the road and is at Michigan and at Wisconsin to close things out, meaning the date with the Wolverines on Tuesday looms very, very large. Beating Texas early will hold up well, as will the rout of Bradley and the win over BYU, but will 8-8 be enough? It very well could be, as the computer numbers are good, but why chance it?
Indiana [18-9 (8-6), RPI: 24, SOS: 32] Hmm ... good thing the last two are at Northwestern and home to Penn State, because IU might want to get both to feel completely safe after dropping its third in the last four, fading after halftime at Michigan State. Who knew the best nonconference win would be over Southern Illinois, which is a gift that keeps on giving for the Hoosiers. The win over Wisconsin also looks good on the mantel.
Work left to do:
Illinois [21-9 (9-6), RPI: 31, SOS: 25] A good performance at Penn State leaves the Illini in pretty good shape. Can they go to Iowa and take care of business to really look on their way? That's a huge game, as there is a possible cluster of teams that will end at 9-7. Illinois beat Bradley, but has lost to Xavier. A 9-7 mark and a semifinals trip in Chicago could be enough with the computer profile hanging in there, but it would be better not to mess around, clinching at least a tie for third.
Purdue [18-10 (7-7), RPI: 47, SOS: 28] Couldn't get it done at Iowa, but did win at Northwestern to put 9-7 squarely in sight. Where does that leave the Boilermakers, though? Even if they beat Minnesota and Northwestern at home, that won't help the computer numbers. Nonconference wins over Virginia, DePaul and Oklahoma are solid, but not spectacular. The Boilers very well might need an upset in the B10 quarters to have a legit claim.
Michigan [19-10 (7-7), RPI: 55, SOS: 53] Well, Michigan did what it needed to do, winning at Minnesota to take control of its fate. The Wolverines have Michigan State and an already-wrapped-up-the-league Ohio State at home to close, so the chances are there. Win both and we can talk. There is no marquee win yet in the profile, and the Wolverines were splattered in several games against name opponents. A mediocre computer profile fueled by a lack of road wins isn't helping, either.
Iowa [16-12 (8-6), RPI: 80, SOS: 64] For the sake of being complete, we'll add Iowa, this season's Stanford. It's plausible that the Hawkeyes could get to 10-6 (at Penn State, vs. Illinois left), but where does that leave them after a gruesome nonconference performance where the best win was over ... Toledo? Iowa State? Cornell?? If they get to 10-6, we can start to look at what they need to do in the B10 tourney, although my gut sense is that they would need to make the final and have knocked off Ohio State or Wisconsin on the way to have any real claim.
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