Go Back   Cigar Weekly Community Forums and Discussion Groups > Community Centers > The Sports Bar

The Sports Bar A place for cigar smokin' sports fans to discuss the latest.

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 06-18-2003, 01:28 PM   #1
Las Villas
Herf Meister
 
Las Villas's Avatar
 
Join Date: Nov 2001
Location: Northern, NJ USA
Posts: 7,496
looks like Jordan is heading to the Bucks !!!!

Talks heat up between Jordan, Bucks

--------------------------------------------------------------------------------

By Marc Stein
ESPN.com


Takeover talks involving Michael Jordan's ownership group and the Milwaukee Bucks have intensified in recent days, raising the possibility that Jordan could be in charge of his own franchise as soon as July, league sources told ESPN.com on Wednesday.

The growing sentiment around the league is that Jordan is only interested in a front-office return to the NBA if he has full decision-making power with his new club. Sources said that is why Jordan is pursuing the purchase of the Bucks from Sen. Herb Kohl (D-Wis.) -- with commissioner David Stern serving as an intermediary -- instead of taking Robert Johnson's offer to join the expansion franchise in Charlotte.


Jordan


Jordan's negotiations with Milwaukee are "very hot," according to one league source. Kohl is openly trying to sell the franchise, reportedly for at least $170 million. Even if talks with the Bucks break down, sources said Jordan is adamant that any team he joins would have to afford him final say on all basketball decisions.

Jordan did not wield that influence in Washington, even during his 21 months as the Wizards' president of basketball operations from January 2000 to September 2001. After a two-season unretirement, Jordan hoped to reclaim his presidential post, but Wizards owner Abe Pollin instead dumped Jordan on May 7.

Jordan lives in northern Illinois, about an hour away from Milwaukee.

While Johnson is so eager to bring Jordan to Charlotte (Johnson says a contract could be hammered out "in five minutes"), Jordan would never have a stronger say than the owner. It is believed Jordan is willing to invest at least $50 million of his own money -- a departure from Jordan's previous reliance on the worth of his name and reputation in exchange for an ownership stake -- to secure operational control.

The Bucks and the Atlanta Hawks are the only NBA teams known to be available for purchase at the present, but Texas businessman David McDavid signed a letter of intent April 30 to buy the Hawks, the NHL's Atlanta Thrashers and Philips Arena from AOL Time Warner. McDavid's exclusive negotiating period to buy those properties expired over the weekend, but spokesman Greg Hughes told the Atlanta Journal-Constitution on Sunday that it's simply "a complex deal that requires a little more time."

Jordan has been linked with the Bucks since late last month. The link only grew stronger during the NBA Finals, when NBA commissioner David Stern volunteered that it's "his strong sense" that Jordan will be back in the league by the start of next season. Asked specifically about the Bucks as the June 6 interview session was ending, Stern said: "I would love to see that happen."
__________________
"Only oppression should fear the full exercise of freedom."
Jose Marti
Las Villas is offline   Reply With Quote
 

Bookmarks

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -8. The time now is 12:32 AM.