Categorized | Sports

Stern expects Jordan to be approved (AP)

Posted on 07 December 2009

FILE - In this Jan. 9, 2010, file photo, Charlotte Bobcats managing partner Michael Jordan, left, talks with player Stephen Jackson during the first half of an NBA basketball game against the Memphis Grizzlies in Charlotte, N.C. Jordan struck a deal late Friday, Feb. 26, 2010, to buy a controlling interest in the Bobcats, making the NBA's greatest player the owner of the money-losing team in his home state.

NBA commissioner David Stern said Saturday he expects Michael Jordan to be approved as majority owner of the Charlotte Bobcats by the end of next month. Minutes before his exclusive negotiating window expired late Friday night, Jordan struck a deal with owner Bob Johnson to take over the money-losing team in his home state.

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