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18 March 2010: Former Charlotte Bobcats owner Bob Johnson announces Michael Jordan as the new owner during a news conference at Time Warner Cable Arena in Charlotte, North Carolina on March 18, 2010. Michael Jordan is the first former National Basketball Association (NBA) player to be the majority owner of a team when he was unanimously approved to take over the Charlotte Bobcats by the league.

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Chris Keane
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20100318 Michael Jordan
18 March 2010: Former Charlotte Bobcats owner Bob Johnson announces Michael Jordan as the new owner during a news conference at Time Warner Cable Arena in Charlotte, North Carolina on March 18, 2010. Michael Jordan is the first former National Basketball Association (NBA) player to be the majority owner of a team when he was unanimously approved to take over the Charlotte Bobcats by the league.