Franchises

BET'S JOHNSON ONLY WANTS PART OF BULLETS BUT WITH A CLAUSE

11.22.1994

     BET President Robert Johnson said yesterday that he has no
interest in becoming a part owner of the Bullets "unless he knows
he'll have the option in the future to buy a controlling
interest."  Bullets/Caps owner Abe Pollin recently told
associates that he would consider offers from potential partners.
Johnson has been "jockeying to become part" of an downtown arena
deal by offering to guarantee repayment of city bonds if Pollin
would let him buy a share of the Bullets now, with an option for
more of the team later (Howard Schneider, WASHINGTON POST,
11/22).

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