Chris Broussard of ESPN reports that Charlotte Bobcats owner Michael Jordan has been fined $100,000 for comments made to an Australian newspaper regarding the NBA lockout and specifically the need for a hard salary cap. MJ was talking to the paper about a golf event, but the chat apparently strayed to labor matters and, oddly, Australia native Andrew Bogut.
Michael Jordan Fined $100,000 For NBA Lockout Comments, Says Report
Jordan is considered one of the owners is most need of a completely revamped economic system for the NBA, as Charlotte has struggled to become competitive since expansion in 2004. Jordan played less to buy the Bobcats than what Robert Johnson paid to found the team in 2004, showing that not every franchise gains value over time.
Two teams have reportedly previously been fined for making inappropriate lockout-related comments in violation of NBA commissioner David Stern’s gag order. Team employees are also not allowed to speak to or of players, unless granted an exception by the league office.
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