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Monday, May 5 Updated: May 6, 9:24 AM ET Jordan could collect $10 million, newspaper reports ESPN.com news services |
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If Michael Jordan does choose to fly away from the Washington Wizards, it will be costly for team owner Abe Pollin and Capitals owner Ted Leonsis. According to the Washington Post, which cites unnamed sources, Jordan would stand to collect more than $10 million if the three are unable to agree on terms for Jordan to come back in a management position. "When I came down from the front office to play, I said at that time I wanted to play for two years then resume my duties running the basketball operation,'' Jordan told the Post. "I always wanted to resume my responsibilities, always.'' A meeting between the three is expected to take place this week, and the New York Times has reported that Jordan could choose to sever ties with the club at that meeting. Details of Jordan's contract with the Wizards, and what might trigger that huge payout, are unclear, the Post reported. Jordan was paid the NBA-veteran minimum $1 million by the Wizards in his first season as a player; he donated that to victims of the Sept. 11, 2001, terrorist attack on the Pentagon. Last year, he was paid $1.1 million, which he kept. Pollin's Washington Sports and Entertainment controls a majority of the Wizards, MCI Center and the WNBA Mystics; Leonsis's Lincoln Holdings owns 44 percent of those entities and 100 percent of the Capitals. Jordan said he wanted to work through the issues with Pollin. "If they've got a problem with me, I'd like to hear it from them,'' he told the Post.
There has also been speculation that Jordan might take a management role on another team. The Atlanta Hawks and the Chicago Bulls have been mentioned.
Jordan denied those reports, singling out an Associated Press story that he is interested in a possible role with the Charlotte expansion team and has talked recently with owner Robert Johnson about buying in as a partner.
Johnson, the founder of Black Entertainment Television is a "friend,'' Jordan said, but there has been no discussion of a partnership with the North Carolina team.
"I've made it a point, and he's made it a point, not to talk about basketball,'' Jordan told The Washington Post. "That would be tampering under the NBA rules, since I'm still under contract.''
Jordan is signed as a player with the Wizards until July 1.
The 40-year-old Jordan often criticized his teammates -- and several of them took shots at him in return -- as the Wizards stumbled to a 37-45 finish and missed the playoffs for the second straight season with Jordan in the lineup.
Before Jordan returned as a player, he attempted to run the team from his home in Chicago, leading to criticism that he was not sufficiently active in the day-to-day running of the franchise. The Associated Press contributed to this report. |
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