Michael Jordan: A ‘Hard Cap’ Hypocrite?
"I can’t say so much … but I know the owners are not going to move off what we feel is very necessary for us to get a deal in place where we can co-exist as partners. We need a lot of financial support throughout the league as well as revenue sharing to keep this business afloat. Jordan said small-market teams would benefit greatly from a "hard" salary cap, and it would allow clubs such as Milwaukee to plan a future on key players including the Australian centre.
HoopsVibe’s Very Quick Call: It rings hollow.
Yesterday Bobcats owner Michael Jordan said have-not markets, like Charlotte, need a hard salary cap to compete with the have markets.
Jordan is right. If the NBA wants parity, they must level the playing field with an NFL style cap and revenue sharing.
This is one part of the story, though. Owners like Jordan need to think about how they’ve run their business, and can’t just tell players to sacrifice.
Can Jordan honestly say he’s done everything possible to manage the Bobcats responsibly?
The answer is no. It has to be.
Jordan, who also serves as the team’s head of basketball operations, signed off on or traded for several poor contracts.
There are four albatrosses currently on the roster: Matt Carroll ($4 million per annum) , Boris Diaw ($8 million per annum), DeSagana Diop ($7 million per annum), and Corey Maggette ($10 million per annum).
Tyrus Thomas has yet to reach his potential, however, that didn’t prevent Jordan from handing him a 5-year, $40 million pact last summer.
Jordan also drafted Adam Morrison, who is out of the NBA, ahead of Rudy Gay, a terrific athlete and talented scorer for the Memphis Grizzlies.
Clearly, Jordan has overpaid players. This would be forgivable if he was working as hard as possible. This hasn’t been the case.
Before becoming majority owner, Jordan didn’t do nearly enough to manage the roster effectively or forge ties with local businesses and people.
He was often photographed partying at clubs … in Chicago, in Miami, in anywhere but Charlotte. He took time off to attend the Super Bowl.
There was little attempt to form partnerships with Charlotte area companies. And he wanted appearance fees for attending community events.
Word, of course, spread quickly. And Charlotte fans – who were burned before by the NBA and the Hornets – stayed away.
To be fair, things improved once Jordan bought majority control from former BET King Bob Johnson. He moved to Charlotte and put in the work.
Jordan still bears some blame for the Bobcats’ situation. He can’t ask the players to compromise on the new Collective Bargaining Agreement without being prepared to make further changes to how he runs his team.
Right now, his stance on the hard cap is hypocritical.
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