CHARLOTTE, N.C. — Michael Jordan said Sunday that he’s 100 percent committed to the Charlotte Bobcats and has no intention of selling the struggling NBA franchise.

The Bobcats have lost 12 of their last 14 games and own the league’s worst record at 7-43, but Jordan says he isn’t ready to bail out on the team after the Hall of Famer bought control of the organization from Bob Johnson in March 2010.

“I was disturbed to hear the false report that I intend to sell my majority interest in the Charlotte Bobcats,” Jordan said in a statement. “I am 100 percent committed to building the Bobcats into a contender and have no plans to sell the team.”