His failures in management/ownership have been well documented, but of late, Michael Jordan has been doing things the right way. The roster is young and talented, and he didn’t overspend on Lance Stephenson. The change from Bobcats to Hornets (along with the original colors) is a major boost as well.
MJ is in heavy pursuit of bringing an all-star weekend to Charlotte. But in order to do so, the Time Warner Cable arena is in need of some major renovations.
The city of Charlotte is prepared to spend $27.5 million in capital improvements for Time Warner Cable Arena, as well as 10 years’ worth of annual payments of $600,000 for ongoing maintenance….
The city’s proposal calls for the team to receive money for restaurant renovations, bathroom improvements, new lighting, visitor locker room upgrades, moving the ticket office and scoreboard improvements. The team would also replace a number of “tabletop” seats in its lower bowl with traditional seats, which would increase capacity by about 600 seats.
H/T: Charlotte Observer
