Ladies and Gentleman, Your New Owner of the Charlotte Bobcats
Michael Jordan strikes deal to become owner of his home-state Bobcats.
via www.vivagoal.com
According to ESPN.com, the sale of the Charlotte Bobcats has been finalized, and the winner of the Bobcats sweepstakes is none other than Michael Jordan. How do you feel about the move? Will it have a positive or negative impact on the team? Does this make the franchise more profitable and will it have an impact on a free agent's decision to come to the Queen City? Over the day, I will update the thread with what I view as the pros and cons of the move.
Comments?
Sorry to get back to you guys so late, but, was a little busy. But, here are my primary concerns, and joys, of this transaction.
THE GOOD
-We have the greatest player in the history of the league as the owner of our franchise. I mean, just think about it, Michael Jordan! I mean, sure, he was already here and everything, but maybe, with the shift to him being the head man in charge, he'll not only attract more sponsorship and that sort of thing to the franchise, but he'll be a whole lot more involved. I read something the other day talking about Jordan can have 19,000 fans in the building on a nightly basis. And he can. His mere presence is enough to draw fans and celebrities to the games. You really think Charlie Sheen wouldn't come to Charlotte to just sit with MJ? I think he'll begin inviting more people to the games as well, which is definitely a draw for fans. Basically, in a nutshell, he is going to have to take this as serious as possible because his money is where his mouth is on this one. I'm sure Jordan realizes that, and won't spend as much time on the golf course.
-Larry Brown is almost a lock to return next year. He came to Charlotte for Michael, and he'll probably stay around for Michael. I was fearing the prospect of losing everything we've built because a new owner came in and decided to just clean house. Just like in the NFL, continuity does wonders. We don't see that very often in the NBA, other than with Jerry Sloan in Utah and Gregg Popovich in San Antonio, but having a stable coaching staff in place does wonders. Teams in flux year after year seem to be the ones always making the coaching changes. I couldn't imagine a coach I wouldn't want out there to coach the Bobcats next year to replace Larry (other than maybe Coach K) so a return by him is a great thing all around.
- Charlotte may finally become somewhat of a destination for free agents after this. I mean, realistically, I can't imagine too much of a shift from what we've been accustomed to seeing. However, I can see a few players saying, hey, forget going to Boston or L.A. to chase a championship, or Miami or New York for the beach and fame, I'm going to go play for Mike. Again, I said, not too many players will do that. But maybe when a player like Antonio McDyess is choosing between teams to go to, he may choose Charlotte instead of San Antonio.
THE BAD
-I'm worried that Mike might be tight with the money. I have really no clue who George Postolos is other than the basic facts that were given, but I've been operating under the impression that this dude may have a real team put together to try to do some good things for this team. I mean, why else would they buy it? It's lost millions and millions and the economy isn't in the greatest condition, so, it just makes it hard for me to believe that another Bob Johnson, or a Donald Sterling type individual would be in charge. Meanwhile, Mike was working to get more partners at the last minute because he didn't want to really use his own money. That alone may be a sign of us trying to operate like the Clippers do in the future. That's not a good thing.
- Mike has even more power than he did. I'm glad he's given the control of the roster to Larry and Rod, but he may just try to get players that he loves now. An owner involved in trying to build the roster to their own liking has never worked in sports. Look at Al Davis of the Oakland Raiders. I'm hoping that Jordan can hire a staff that he trusts to get things done and let them do what the do with having minimal influence. As long as Larry is here, I think we won't have to worry about that. But there may be a cause for concern whenever Larry does decide to leave.
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Comments
Not thrilled, honestly
I loved MJ as a player. My walls were plastered with posters, I had every MJ basketball card imaginable and I would stay up until wee hours of the morning watching Bulls finals games live in Australia.
That being said, I don’t like him as the owner. My major complaint with Bob Johnson was that his moves reeked of inexperience, and now we’re going to have more inexperience in the owner’s box. Johnson was unable to broker a proper TV deal, secure good sponsors, and was more concerned with the profits (or lack thereof) than the product on he court.
I know there are good elements to MJ buying the team. We now know that the team wont be completely blown up like it would have been with Postolos as owner (already saying he would have fired MJ etc) and we have insane security knowing that as long as Jordan is the owner we don’t need to worry about him pulling a George Shinn move. He also brings a degree of flash to the team that will make it attractive to free agents.
That being said, Postolos was a genius marketer for the Houston Rockets. He was great at securing sponsors, TV deals and expanding the reach of the team. He would have brought a lot of basketball and front office experience to the team which would have been greatly beneificial.
MJ’s best move now would be to step down as head of basketball operations and focus on being an owner. He needs to work his Nike and Gatorade contacts to have the cable box decked out in Nike Swooshes and Orange lightning bolts rather than Spongetech ads. I also hope that the amount of fight it took for him to secure the team financially doesn’t mean his pockets aren’t as deep as we thought. Looking into the past all the top NBA teams had to go into luxury tax territory to make the moves needed to get championships, I hope Jordan (unlike Johnson) is willing to make the financial moves necessary for the long term good of the team.
Cat Scratch Reader's resident optimist.
I also blog the Panthers at www.realbitsofpanthers.com
by James The Aussie on Feb 27, 2010 11:14 AM EST reply actions
I think Bob's moves reaked of a business man
With no love of the game itself.
Bob was in it for the business aspect, and the business aspect alone. MJ still has a love for the game…now he has to show it. DO I think it is a hands down WIN for the team?
Only time will tell
Oh…
By the way, I was a Dominique Wilkins fan over Jordan…and Wilkins was robbed of a dunk title or 2
by andrewlail76 on Feb 27, 2010 12:25 PM EST up reply actions
So is that any worse than moves of a great player who has no idea how to make others play well?
Advance apologies if the contents of this sports-based post offended you. I'm just aiming to educate the masses. My law professor says they're asses.
by MichaelProcton on Mar 1, 2010 2:50 AM EST up reply actions
The problem with the luxury tax is not just the penalty.
When you cross the tax threshold, you no longer qualify for revenue sharing. That would be a killer for a team already losing tens of millions a year.
Advance apologies if the contents of this sports-based post offended you. I'm just aiming to educate the masses. My law professor says they're asses.
by MichaelProcton on Mar 1, 2010 2:52 AM EST up reply actions
You summed up
pretty much everything I was wanting to say concerning Postolos vs Jordan exactly. i think we would be in a better position with him as the owner, other than losing Larry. But, hey, will see how MJ does. All I really want is whats best for the team.
by Charlotte Bobcat on Mar 1, 2010 10:33 AM EST up reply actions
Did you know about Bob Johnson
He owns a hotel in Cancun, in which there is a sports bar complete with bobcats collectibles and apparel. Not even like Lakers stuff and bobcats stuff. ALL BOBCATS STUFF. Funny thing was no one was there. thats ironic, isnt it
When I first when into the bar, i was like people in mexico like the Bobcats. Most of the poeple in America don’t even like them.
Hand it to Bob
He knows how to market a team
by andrewlail76 on Feb 28, 2010 10:11 AM EST up reply actions
Brown wouldn't have left because Postolos was "cleaning house."
He would have left because, as he put it, “Michael Jordan is the only reason I’d ever take a job in Charlotte.”
How exactly does Jordan’s purchase of the team make any difference whatsoever to sponsors? The fanbase is middling at best, the team is going to struggle to reach .500, and Jordan was already involved in the team. Same thing with attracting free agents. Who’s to say that Jordan will be any more present now than before, when he was already an owner and the face of the basketball operations.
Advance apologies if the contents of this sports-based post offended you. I'm just aiming to educate the masses. My law professor says they're asses.
Well, like I said myself,
Michael’s presence is what keeps Larry around. Several sources have said that had Postolos gained control of the franchise, M.J. would surely be out, and as would Brown because he lost his friend. Regardless of if the “cleaning of the house” is intentional or not, an ownership change would’ve brought changes from the top to the bottom of the organization.
The Charlotte Observer reports that Jordan made a huge financial commitment to the team. I highly doubt that Michael just sits backs and watches his team continue to lose millions and millions without trying to use his celebrity to market the team better. That’s not saying he’s going to be at every game or anything, but he put up a lot of his own money. Time will tell how involved he really becomes now.
by Charlotte Bobcat on Mar 1, 2010 10:30 AM EST up reply actions
Why should Jordan be kept?
We don’t exactly have historical evidence of any great moves he’s made as a basketball executive.
Advance apologies if the contents of this sports-based post offended you. I'm just aiming to educate the masses. My law professor says they're asses.
by MichaelProcton on Mar 1, 2010 12:23 PM EST up reply actions
The only reason
I wanted Jordan to stay was because it would make Larry stay. Other than that, I have no reason to want Jordan retained.
by Charlotte Bobcat on Mar 1, 2010 1:08 PM EST up reply actions
Well Brown will be gone in two years regardless?
If he gets us 45 wins and a second-round appearance before leaving us with the earth salted, was that worth it?
Advance apologies if the contents of this sports-based post offended you. I'm just aiming to educate the masses. My law professor says they're asses.
by MichaelProcton on Mar 1, 2010 1:12 PM EST up reply actions
Maybe. And if he does leave,
now I have more trust in him being involved with the selection of his replacement. The Cats have improved every year since being in the league, and I think that trend will continue with a training camp under the team’s belt together.
by Charlotte Bobcat on Mar 1, 2010 1:32 PM EST reply actions
Nope.
We were one win worse in Vincent’s season than in Bickerstaff’s last.
Advance apologies if the contents of this sports-based post offended you. I'm just aiming to educate the masses. My law professor says they're asses.
by MichaelProcton on Mar 1, 2010 2:29 PM EST up reply actions
I thought there was somewhere
we took a step back, I was just too lazy to look it up. But other than that, we’ve improved. And Sam Vincent is the primary reason I want Larry to be around as long as possible.
by Charlotte Bobcat on Mar 1, 2010 2:40 PM EST up reply actions
So Jordan's decision to hire among the worst head coaching candidates ever means there's nobody better we could pick?
Advance apologies if the contents of this sports-based post offended you. I'm just aiming to educate the masses. My law professor says they're asses.
by MichaelProcton on Mar 1, 2010 3:22 PM EST up reply actions
OK...
Sam Mitchell or Byron Scott would be great choices, IMO. Hell, even Avery Johnson would be a decent pick.
Advance apologies if the contents of this sports-based post offended you. I'm just aiming to educate the masses. My law professor says they're asses.
by MichaelProcton on Mar 1, 2010 6:14 PM EST up reply actions
I actually think those
are pretty good choices. The year Sam Vincent was hired, I was wanting us to hire Sam Mitchell.
by Charlotte Bobcat on Mar 2, 2010 9:17 AM EST up reply actions
That's two former coaches of the year.
The team’s gotta be talented, but that doesn’t happen by accident. And I doubt they’d be particularly expensive.
Advance apologies if the contents of this sports-based post offended you. I'm just aiming to educate the masses. My law professor says they're asses.
by MichaelProcton on Mar 2, 2010 11:00 PM EST up reply actions
Reality check
Aside from pulling Phil Jackson from the Lakers…what coaches are in the MJ favor? You know that the next coach will probably be another one that is buddies with MJ, but I hope I’m wrong.
Doug Collins – Can he still coach?
by andrewlail76 on Mar 3, 2010 12:55 PM EST up reply actions
If he's putting up his own money now...
Maybe that’s not such a big issue with MJ making financial decisions.
Advance apologies if the contents of this sports-based post offended you. I'm just aiming to educate the masses. My law professor says they're asses.
by MichaelProcton on Mar 3, 2010 5:26 PM EST up reply actions
I'd have to go with Bill Murray.
If he can run an offense featuring Tweety Bird, he can probably coach Gerald Henderson to consecutive triple doubles.
by Ourdaywillcome on Mar 5, 2010 7:10 PM EST up reply actions

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