Former NBA star Michael Jordan is being fined 100,000 dollar for talking about Bobcat’s player Andrew Bogut during lockout, to an Australian newspaper. Initially, the fine was thought to reach 1 million dollars. And this, because of rules and regulations that he broke as an owner.
Earlier in the summer, Michael Jordan made a huge mistake talking about a player from the team he owns, during lockout, to an Australian publication. He said briefly that “Bogut is a good piece to build around for Milwaukee” and that he loved his game. “He’s made a very good start and he’s definitely gonna be a star”, Jordan commented and added that the Australian player’s biggest problem is that “he’s been dealing with that elbow injury. But he is a star to be reckoned with (and) will be a star for some time”.
These kind words cost him a big amount of cash now. As an owner of the Charlotte bobcats, he cannot talk about the players during lockout. Despite the rumors that circulated this summer that the fine will reach 1 million dollars, the league will impose a cheaper one, which will not be more than 100,000 dollars. If you can call that “cheap”.
The story was first reported by ESPN. The article also mentioned that Michael Jordan and Herb Kohl, the owner of the Milwaukee Bucks (who also signed a contract with Bogut several seasons ago) are the main supporters of a new system of NBA revenue-sharing. The two propose the aligning of the NBA revenue-sharing to that of the NFL and the Major baseball league. However, sources cited by the publication state that even so, the profit is yet hard to come, because NBA is a “smaller market” than the football and baseball ones.
So, Jordan and Kohl have to find another way to make profit than being paid for interviews about players.