NBA

Report: Jordan emerging as hard-liner

Michael Jordan
Michael Jordan's Chicago home has nine bedrooms, 15 bathrooms and five fireplaces.
FOX Sports
Share This Story

   
 

Michael Jordan, once the NBA's greatest player but now just another money-losing owner of a small-market team, is adamant about not giving any more concessions to players in their ongoing labor dispute, according to The New York Times.

SELLOUT!

Michael Jordan has gone from being the NBA's best player to a sellout owner with a hard-line stance in the lockout, Jason Whitlock says.

Jordan, the Charlotte Bobcats owner, has emerged as a leader of a faction of 10 to 14 hard-line owners who are determined to cap the players' share of basketball-related income at 50 percent, the Times reported Friday.

All 29 owners are set to meet Saturday morning in New York City before the NBA and the players union return to the negotiating table in the afternoon.

About 10 to 14 owners, led by Jordan, are expected to reiterate their stance to NBA commissioner David Stern, which might make it more difficult to negotiate an end to the lockout.

The players received 57 percent in the last labor deal and have so far offered to reduce that share to 52.5. However, the hard-line owners wanted the players’ share capped at 47 percent and are upset with the 50-50 proposal, according to the Times.

Jordan was fined $100,000 this summer for speaking publicly about the need to reduce costs but has largely stayed in the background until now.

bracket

BEST OF TIMES

Bird, Jordan and Magic are among our top 10 players in NBA history.

The Times notes that during the last labor crisis, in 1998, Jordan — then a superstar who made $33 million in his final season with the Chicago Bulls — famously challenged Abe Pollin, the Washington Wizards owner at the time, reportedly bellowing, “If you can’t make a profit, you should sell your team.”

Jordan has been Charlotte’s majority owner for two years after buying a piece of the team five years ago. The Bobcats have reportedly been losing around $7 million per season.

The New York Daily News reported Friday that a minority stake in the Bobcats has been put up for sale by one of Jordan's partners, but Jordan is not interested in selling his stake in the franchise.

Tagged: Hornets

Related Stories

Member Comments

Please note by clicking on "Post comment" you acknowledge that you have read the Terms of Use and the comment you are posting is in compliance with such terms. Be Polite. Inappropriate posts may be removed by the moderator.

powered by


NBA Videos

NBA considering mid-season Vegas tournament? Posted: Jul 16, 2014
Adam Silver confirms the NBA has engaged in early conversations about the possib...

LeBron and Blatt 'will work together beautifully' Posted: Jul 14, 2014
Cavaliers head coach David Blatt on LeBron James' decision to return to Clevelan...

LeBron's back and so are the Cavs Posted: Jul 11, 2014
FOX Sports 1's Gary Payton weighs-in on LeBron's decision to return to Cleveland...

Fox Sports Store

    itemName itemURL imageSrc price itemDescription
    adidas Blake Griffin Los Angeles Clippers Revolution 30 Performance Jersey - Red http://shop.foxsports.com/FOX_Los_Angeles_Clippers/browse/featuredproduct/491845/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_491000/ff_491845_xl.jpg&w=100 59.95 adidas Blake Griffin Los Angeles Clippers Revolution 30 Performance Jersey - Red
    adidas LeBron James Miami Heat Revolution 30 Swingman Performance Jersey-Black http://shop.foxsports.com/FOX_Miami_Heat/browse/featuredproduct/498609/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_498000/ff_498609_xl.jpg&w=100 89.95 adidas LeBron James Miami Heat Revolution 30 Swingman Performance Jersey-Black
    adidas Carmelo Anthony New York Knicks Revolution 30 Swingman Performance Jersey - Royal Blue http://shop.foxsports.com/FOX_New_York_Knicks/browse/featuredproduct/620470/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_620000/ff_620470_xl.jpg&w=100 49.99 adidas Carmelo Anthony New York Knicks Revolution 30 Swingman Performance Jersey..
    Mitchell & Ness San Antonio Spurs Black Solid Script Snapback Adjustable Hat http://shop.foxsports.com/FOX_San_Antonio_Spurs/browse/featuredproduct/692239/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_692000/ff_692239_xl.jpg&w=100 25.95 Mitchell & Ness San Antonio Spurs Black Solid Script Snapback Adjustable Hat
    Majestic Kobe Bryant Los Angeles Lakers Logo Man T-Shirt - Black http://shop.foxsports.com/FOX_Los_Angeles_Lakers/browse/featuredproduct/851828/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_851000/ff_851828_xl.jpg&w=100 23.95 Majestic Kobe Bryant Los Angeles Lakers Logo Man T-Shirt - Black
    Majestic Kevin Durant Oklahoma City Thunder Logo Man T-Shirt - White http://shop.foxsports.com/FOX_Oklahoma_City_Thunder/browse/featuredproduct/851842/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_851000/ff_851842_xl.jpg&w=100 23.95 Majestic Kevin Durant Oklahoma City Thunder Logo Man T-Shirt - White
    adidas Miami Heat 2012 NBA Eastern Conference Champions Locker Room T-Shirt - White http://shop.foxsports.com/FOX_Miami_Heat/browse/featuredproduct/890174/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_890000/ff_890174_xl.jpg&w=100 21.95 adidas Miami Heat 2012 NBA Eastern Conference Champions Locker Room T-Shirt - Wh..
    adidas Oklahoma City Thunder 2012 NBA Western Conference Champions Locker Room Flex Hat - Black http://shop.foxsports.com/FOX_Oklahoma_City_Thunder/browse/featuredproduct/890384/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_890000/ff_890384_xl.jpg&w=100 19.99 adidas Oklahoma City Thunder 2012 NBA Western Conference Champions Locker Room F..