Johnson apparently wants to buy part of the Continental Basketball Association.(Brief Article)
Multichannel News, July, 2000 by Umstead, R. Thomas
BET Holdings Inc. chairman Robert Johnson apparently isn't finished with his buying spree. Fresh from a proposed purchase of the Washington, D.C., portion of the combined United Airlines and US Airways, Johnson apparently wants to buy part of the Continental Basketball Association, sources report.
The CBA -- often referred to as the National Basketball Association's minor league and currently owned by former basketball great Isiah Thomas -- is expected to be sold to the NBA players' union. Johnson, however, could be a minority investor in the league, providing money and a television outlet for games. A BET spokesman would only confirm that the network is "giving consideration" to carrying a package of CBA games during the 2000-01 season, "to enhance our sports...
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