Michael Jordan Becomes Majority Owner of the Charlotte Bobcats (ESPN VIDEO)

The Great Michael Jordan becomes the first former NBA player to be majority owner of a NBA franchise. When MJ went to Charlotte Bobcats as a minority owner from the Washington Wizards front office, myself and others had hopes that one day "Mr. Ultimate Highlight" would one day become majority owner. Well that day is here and I know everyone in North Carolina is happy to have their hometown man in the leadership role of their NBA franchise. I know one thing, if you expect to play on his team, expect to be challenged. He’s a competitor and a champion and both of those attributes should transpire over to the business side of the game.