The NBA board of governors approved the sale of the Charlotte Bobcats to Michael Jordan, making the former Chicago Bull star the first ex-player to be a majority owner in the league. The 275-million-dollar bid by the five-time NBA MVP was approved on Wednesday elevating the 47-year-old from a minority investor to a majority owner. Jordan, who led North Carolina ...

NEW YORK (Reuters) - Michael Jordan became the first former NBA player to be the majority owner of a team when he was unanimously approved to take over the Charlotte Bobcats by the league on Wednesday. "We are pleased that Michael Jordan's purchase of majority ownership of the Bobcats was approved by the NBA's Board of Governors and closed ...

The NBA has signed off on Michael Jordan's bid to buy the Charlotte Bobcats, and commissioner David Stern expects the league's board of governors to approve the $275 million purchase by the end of next week. In an interview with The Associated ...

The number on LeBron James' back will be different next season. The Cleveland Cavaliers can only hope the logo on the front of his jersey remains the same. James has filed paperwork with the NBA to change his uniform number next season to No. 6 ...