Michael Jordan says he will turn Charlotte into contender

14:46   2 April, 2012

NBA legend Michael Jordan dismissed rumors saying he plans to sell his interest in Charlotte Bobcats.

In a statement Jordan said he intends to build Bobcats into a contender, USA Today reports.

Charlotte won only seven matches in the season losing 43. According to Forbes magazine, Jordan loses $10 million per year due to lack of sponsors.

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