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Jordan: "I have no plans to sell the team"

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In a statement made today, Bobcats Chairman Michael Jordan refuted the New York Daily News report that he has an exit strategy in which he would sell the team if they are not successful within the next three to four years. Jordan said he was he was "disturbed to hear the false report that I intend to sell my majority interest in the Charlotte Bobcats. I am 100% committed to building the Bobcats into a contender and have no plans to sell the team."

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