Michael Jordan appears interested in parting with some big bucks in exchange for some big Bucks.

Jordan, in a story first reported by ESPN Radio 1000 in Chicago last week, is considering an effort to buy the Milwaukee franchise, two sources told the Charlotte Observer in Wednesday's editions.

The newspaper's sources -- an NBA executive and sports marketing consultant -- said Jordan would form a small ownership group with each member investing at least $50 million.

Jordan also is talking to Charlotte owner Bob Johnson and the two will meet again Monday to gauge Jordan's interest in joining the new franchise as president and part owner.

"Michael is aware that I am going to be reaching out to him to do a gut-check, an analysis of where he is," Johnson said last week. "He knows what is available to him here in Charlotte."

Johnson has spoken to Jordan twice since the Washington Wizards declined to bring him back in a front office role earlier this month. The two talked briefly the day the Wizards and Jordan parted, and one other time, when Johnson made his sales pitch.

Johnson said last week he could wait until July, or even longer, for Jordan to decide what he wants to do. But he will try to determine which way Jordan is leaning when they speak in June.

"He's doing what anybody would do -- evaluating what his best opportunity in the league is," Johnson said. "I understand that. He needs to decide if he wants to pursue majority ownership somewhere else, part-owner here, whatever he wants to do."

Information from The Associated Press was used in this report.