Found June 27, 2009 on Charlotte Observer:
7665
(By Rick Bonnell, rbonnell@charlotteobserver.com) Former Houston Rockets President George Postolos has emerged as a potential bidder for the Charlotte Bobcats, the Observer has learned.Sources say Postolos has inquired about the Bobcats' availability and recently visited Charlotte to tour Time Warner Cable Arena and discuss the team's finances. Postolos owns The Postolos Group, a Houston-based company that “actively seeks to acquire major league teams,” as described on its Web site.Postolos declined to comment when reached by telephone Saturday.The Observer reported last month that majority owner Bob Johnson is pursuing a buyer for some or all of his 70percent-plus interest in the Bobcats. Johnson has retained Galatioto Sports Partners, a New York-based firm, to field offers. Former NBA deputy commissioner Russ Granik is a top executive at that firm. The only other known potential bidder is Michael Jordan, a minority partner with control of the Bobcats' baske...
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