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Bob Johnson sold the Bobcats for $25 mil??

Discussion in 'Charlotte Hornets' started by DJ_Tet, Apr 2, 2010.

  1. DJ_Tet

    DJ_Tet Full Access Member

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    And assumption of debt? AFTER being given a free arena? In just under six fucking years?


    Holy shit I knew he wasn't a great businessman after striking gold with BET but this is epically shitty. The article talks about how he fucked up the TV deal and ended up basically begging TWC to take the naming rights to the arena when things were getting tight.

    See you later fuckhead. Thank god for MJ.


    http://www.thedailybeast.com/blogs-...ls-out-a-billionaire/?cid=hp:beastoriginalsL3

    Oh yeah, one last thing that should be illegal, his ex-wife married the judge who presided over her divorce settlement ($400 mil.) What kind of shit is that? That should be on the level of insider trading.
     
  2. Thelt

    Thelt Full Access Member

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    I think he thought every one would be lined up to kiss his ass because he was a minority owner.
     
  3. QC REPRESENT

    QC REPRESENT Full Access Member

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    I dont know if I believe that 25 mil. never heard of that website and they cite only "sources". still, the sad part is that fuckhead still owns part of the team. he just sold the majority share.
     
  4. DJ_Tet

    DJ_Tet Full Access Member

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    Yeah, as soon as he blasted Charlotte I would have tried to buy him out completely if I were MJ. I don't like the fact that BJ is still associated with this team in any way.
     

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