[OldDeckHand]

Price is undisclosed (so far), but the purchase price that Bob Johnson paid in 2004 was $300 million, and he's accumulated an additional $150 million in debt. Whatever the price, I'm sure it's too much to pay for a team in a league suffering from declining viewers.

[dfwgator]

A major meltdown is coming in sports with teams that have taken on so much debt.

It’s already begun in soccer, yesterday Portsmouth, one of the oldest English teams, went into administration because they owe so much in taxes. We are going to start seeing this across the board in all sports. You have to be nuts in this environment to buy a sports franchise.

[C19fan]

MJ does not have a great record of sitting behind a desk making basketball decisions. Except for Jerry West, Hall of Fame type players usually make bad managers or executives.

[Zack Attack]

He has been called the NBA's greatest player and one of the country's top pitchmen.

But not the greatest GM. And I don't think this is such a great move either. I often think he's guided more by his love of the game than his business sense.

[Extremely Extreme Extremist]

Since Jordan retired, the NBA has completely took a nosedive. I have discontinued watching it. Too many thugs alienating fans, crooked refs, and a league with an inner-city playground mentality.

[GUNGAGALUNGA]

What is it with all these stars that move on to bigger cities then shun their upbringing? WIlmington NC vs Chicago. No contest. WIlmington hands down.