Bobcats sale could be closer to fruition

AJ Contributor
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CHARLOTTE — On-going negotiations between Charlotte Bobcats owner Bob Johnson and former Houston Rockets President George Postolos could result in a sale of the NBA team during March or April, a source familiar with the situation confirmed Wednesday.

One question concerning a potential sale is whether managing partner Michael Jordan is serious about buying controlling interest. ESPN The Magazine reports Jordan has right of first refusal to buy the team from Johnson that would expire at the end of February.

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