Pro basketball will return to Charlotte next year with a National Basketball Association. (Regional Report).(Charlotte, North Carolina to have professional basketball team)(Brief Article) Business North Carolina | March 1, 2003 | COPYRIGHT 2003 Business North Carolina. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

Pro basketball will return to Charlotte next year with a National Basketball Association franchise awarded to Robert Johnson, founder of Black Entertainment Television. Johnson, worth about $1.3 billion, will pay $300 million for the team, which will play in the Charlotte Coliseum until moving into a $265 million downtown arena in 2005. Johnson, the only black NBA owner, and local investors, including retired Bank of America Chairman Hugh McColl, will control the arena and packet all revenue from it, plus the $18 million annual profit the city estimates the team will ...

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

The beginnings of Moravian missionary photography in Labrador. Magazine article from: International Bulletin of Missionary Research ; ...Count Zinzendorf's profound religious commitment was deepened by viewing a painting of the crucified Christ by Domenico Feti, exhibited in a church at Dusseldorf. Although rigorists in their religious commitment, Moravians have embraced...

For more facts and information, see all results

Find more facts and information related to the article "Pro basketball will return to Charlotte next year ..."