Expansion Wiretap

Bobcats offering PSLs for free

The Charlotte Bobcats will give seat rights -- essentially a free version of a permanent seat license -- to anyone who retains a season ticket throughout the new NBA team's first five seasons.

These rights will be similar to the charter seat rights the Charlotte Hornets granted fans during their initial ticket drive in the mid-1980s.

Bobcats executive vice president Ed Tapscott said the free seat license idea evolved from discussions with former Hornets season-ticket holders.

"We heard from our fans, `We'd like to see that return,' " Tapscott said. "We always said we'd try to be responsive to fans if we could."

Fans with these rights will have the option to give or sell control of their seats. The Bobcats will charge a transfer fee -- $500 for transactions involving club seats, and $250 for the rest of the arena.

Via Charlotte Observer


Bobcats want Jordan's decision soon

If Michael Jordan wants to run the Charlotte Bobcats, he better say so soon.

He and Bobcats owner Bob Johnson will talk in the next week to resolve whether Jordan will head the basketball operation, a source familiar with the situation said. Johnson has waited several months for a decision by Jordan, and the team has to start building a basketball staff.

While declining to discuss details, Bobcats executive vice president Ed Tapscott confirmed Monday that the Jordan situation will be settled soon.

"Bob has indicated that there is a deadline in his mind for the discussions with Michael. I'm sure it's sooner, rather than later," Tapscott said. "I'm sure in the near term Michael and Bob will sit down and come to some decision."

Johnson offered the job -- and the chance to buy equity in the team -- as soon as Jordan left the Washington Wizards last spring. Jordan came close to buying the Milwaukee Bucks in July, before Herb Kohl took that team off the market.

Via The Charlotte Observer


Bobcats set Labor Day deadline for Jordan's decision

The Charlotte Bobcats' pursuit of Michael Jordan has carried on longer than anyone would have envisioned, but it should be coming to an end within the next week.

Owner Bob Johnson has given Jordan a deadline of Labor Day - next Monday - to either join the organization as team president and part owner or officially turn it down.

It's the third such deadline that Johnson has given Jordan since they started discussing a deal in late May.

Originally, Johnson needed a yes or no by July 1, when contracts of executives around the NBA expired and front-office free agency started. When Jordan wouldn't commit at that point, the deadline was extended - twice.

There are no indications that Jordan will suddenly have a change of heart and decide to join forces with Johnson. If Jordan was going to take the job, he would have taken it long ago, and if the Bobcats had any realistic hopes that he would, they probably would have held off announcing season-ticket prices that have not been well-received.

Still, a resolution has long been necessary, and so it will be significant when it finally happens.

Ed Tapscott, the team's executive vice president, has had to hold off hiring many front-office personnel, especially in basketball operations, with the Jordan situation unsettled. If Jordan comes aboard, of course, Jordan would make those hires. Once Jordan is officially out of the picture, the hiring can begin.

Via Winston-Salem Journal


Aug 2003 Archive

  • Research says teams avoiding luxury tax

    UNC Greensboro professor Dan Rosenbaum is a nationally recognized expert on the NBA's luxury-tax system.

  • Bobcats see advantage in draft provision

    Little-known fact about the expansion draft in June: Each NBA team must make at least one veteran available to the Charlotte Bobcats, regardless of how few players that team has signed through the 2004-05 season.

  • Publisher gives up on 'Never Give Up'

    George Shinn's tell-all book about the Charlotte Hornets' tumultuous move from here to New Orleans is dead.

  • Ticket prices for Bobcats eye-popping

    Basketball fans anxious for the NBA to return to Charlotte got a dose of reality recently when the Charlotte Bobcats announced ticket prices for their inaugural 2004-05 season.

  • Hornets reception hot or cold?

    A little bit about a lot of things: • Interesting question on the Bobcats' Web site: What NBA team do you want to see the Bobcats host in their first game: Hornets, Lakers, Knicks, Cavaliers? The obvious answer is, of course, the Hornets, our team of yore.

  • Buyers to sample Bobcats' suite style

    The uptown basketball arena won't open until November 2005, but you'll be able to sit in a life-size Charlotte Bobcats skybox in about three months.