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03/17/2010 - New York, NY (Sportsbook Betting Lines) - The NBA Board of Governors made it official on Wednesday by unanimously approving Michael Jordan's acquisition of a controlling interest of the Charlotte Bobcats.
Jordan and MJ Basketball Holdings, LLC reached an agreement to purchase the majority of the team from Bobcats owner Bob Johnson in late February, but was awaiting official approval by the league.
"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 in such a smooth and expeditious fashion," said NBA commissioner David Stern. "We look forward to the continued growth of the Bobcats, on and off the court, under his leadership."
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, and North Carolina alum, Larry Brown to coach the team at the start of the 2008-09 season.
The Bobcats have never made the playoffs, but, entering Wednesday, sit in the sixth position in the Eastern Conference race with a 34-32 record this season.
<< Diamondbacks sign P Benson to minor league deal
Tucson, AZ (Sportsbook Betting Lines) - The Arizona Diamondbacks have signed veteran
pitcher Kris Benson to a minor league contract, the team announced Wednesday.
The 35-year-old appeared in eight games (two starts) in 2009 with the Texas
Range
<< Report: Seton Hall fires hoops coach Gonzalez
Newark, NJ (Sportsbook Betting Lines) - Seton Hall has reportedly fired head men's
basketball coach Bobby Gonzalez.
The Star-Ledger reported that on Wednesday, the school forced out Gonzalez,
who was in his fourth season with the team. The
<< Kiessling commits future to Leverkusen
Leverkusen, Germany (Sportsbook Betting Lines) - Bayer Leverkusen have secured the
future of Germany international Stefan Kiessling until the summer of 2015 with
a new contract.
Kiessling has been rewarded with a new long-term deal on the back
<< Penn out as Portland's VP of basketball operations
PORTLAND, Ore. (AP) -The Portland Trail Blazers have dismissed Tom Penn as vice president of basketball operations.The team issued a statement that said Penn was dismissed Tuesday for ``philosophical differences.'' No details were offered.Penn, who
NASCAR's March Madness begins with Bristol >>
Bristol, TN (Sportsbook Betting Lines) - Series: NASCAR Sprint Cup. Date: Sunday, March
21. Race: Food City 500. Site: Bristol Motor Speedway. Track: .533-mile oval.
Start time: 1:00 p.m. (et). Laps: 500. Miles: 266.5. 2009 winner: Kyle Busch.
Television
Harvick looking for another win at Bristol >>
Bristol, TN (Sportsbook Betting Lines) - Series: NASCAR Nationwide. Date: Saturday,
March 20. Race: Scotts Turf Builder 300. Site: Bristol Motor Speedway. Track:
.533-mile oval. Start time: 2:30 p.m. (et). Laps: 300. Miles: 159.9. 2009
winner: Kevin Harv
Eagles cut ties with OL Andrews >>
Philadelphia, PA (Sportsbook Betting Lines) - The Philadelphia Eagles released
offensive lineman Shawn Andrews on Wednesday.
"We appreciate the efforts and contributions of Shawn while he was in
Philadelphia," said head coach Andy
Report: Rangers manager Washington tested positive for cocaine >>
Surprise, AZ (Sportsbook Betting Lines) - Texas Rangers manager Ron Washington
reportedly tested positive for cocaine during the 2009 season.
According to a report from SI.com, Washington failed the test last July, but
has passed all his t
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Brandon Roy Favorite to Win 2007 NBA Rookie of the Year
Portland TrailBlazer’s guard, Brandon Roy, is MySportsbook.com’s overwhelming favorite to win the NBA Rookie of the Year odds.
Despite missing 20 games due to an injury earlier this season, Roy has definitely put up the best numbers of his 1st year peers. In 32 games, Roy is averaging 15.3 PPG, 4.2 boards and 3.5 assists in over 33 minutes of play per game. While most rookies breakdown as the season progresses (see Morrison), Roy is only getting stronger as his playing time and scoring average has increased each month.
With 30 or so games left in the regular season, Roy isn’t a lock for the award by any means. Other rookies are putting together some pretty impressive campaigns and a few could give Roy a run for the award with increased playing time. Heading the list is first pick, Andrea Bargnani of the Toronto Raptors. Even though he has started only two games all season, Bargnani is averaging 10.3 PPPG while shooting 35% from deep.
Randy Foye of the Minnesota Timberwolves could be set to give Roy the best competition NBA Rookie of the Year betting lines. With the benching of Mike James, Foye looks like he could be the starter in the T-Wolves backcourt for the rest of the season. So far, Foye has averaged 9 PPG and 2.4 assists in just under 21 minutes per game. With his new role of starter, Foye’s numbers will definitely increase. In his first game as the new starting guard this past Sunday, Foye had 10 points; five rebounds and 8 assists. More importantly, he logged 34 minutes of playing time; his third highest run of the season.
Adam Morrison, of the Charlotte Bobcats, was the favorite early on in the season after averaging 15+ PPG through the first month of the season. Ever since his torrid start, Morrison’s point production has declined each month. This really isn’t surprising, considering at 6’8” he only weighs 205 lbs. Obviously he will need to hit the weights big time during the off-season in order to keep from breaking down in the future.
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