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charlotte bobcats - Google News Google News Michael Jordan in tears as he accepts Business Person of the Year honor - Charlotte Business Journal 11:44:07 AM Charlotte Business Journal Michael Jordan in tears as he accepts Business Person of the Year honor Charlotte Business Journal Johnson paid $300 million for the expansion team, then known as the Bobcats, in 2003. Through much of his tenure and Jordan's first years as majority owner, Charlotte lost millions of dollars on the business side and became a laughingstock on the court. and more »

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