- Associated Press - Tuesday, June 14, 2011

CHARLOTTE, N.C. (AP) - Rich Cho is a big proponent in accumulating assets, and hopes to do the same thing as he tries to make the Charlotte Bobcats a winner.

The Bobcats introduced Cho on Tuesday in a front-office shakeup by Michael Jordan just over a week before the draft. Cho takes over from Rod Higgins as general manager, who was promoted to director of basketball operations.

The 45-year-old Cho was fired last month after less than a year on the job as GM of the Portland Trail Blazers.



Oddly, Cho was on the other side of the much-scrutinized February trade that sent Charlotte’s only All-Star, Gerald Wallace, to the Blazers. The Bobcats cleared salary-cap space and gained a first-round picks.

The Bobcats hold the ninth and 19 selections in the June 23 draft.

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