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Michael Jordan 50 Greatest Moments

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39. MJ, Bobcats Owner

Photograph By Kent Smith/NBAE/Getty Images

Many Bulls fans hoped MJ would stay connected to the Bulls through some type of ownership deal, but their hopes went in vain as Jordan became the first former player to become a majority owner of a franchise when he purchased the Charlotte Bobcats in February 2010. He became the second black majority owner of a major pro sports team, replacing Bob Johnson, who was the first. Jordan grew up in North Carolina and helped lead the UNC Tar Heels to an NCAA title.