Michael Jordan Rumors | Hoops Rumors

Bulls Notes: Jordan, Management, Butler

April 19th, 2020 at 2:57pm CST by ChrisCrouse

Happy Last Dance Day! Tonight is the first of 10 episodes of the Michael Jordan documentary. In honor of the occasion, allow me to pass along one of my favorite quotes from Jordan:

“It’s heavy duty to try to do everything and please everybody. My job was to go out there and play the game of basketball as best I can. People may not agree with that. I can’t live with what everyone’s impression of what I should or what I shouldn’t do.”

It’s a quote that I vividly remember reading before making a leap into sports full-time, leaving the comfy confines of a corporate position. It’s something I recall every time I make a move that hopefully brings me closer to my goal of being an NBA GM (dreamers can still dream), and it’s a reminder that everything you do is not going to please everyone, so excuse the bad analogy, but shoot your shot.

While we await an inside look into Jordan’s final season with the Bulls, let’s take a look at some notes from Chicago:

Sam Smith of NBA.com explains how the conflict between management, players, and coaches helped motivate Jordan’s final championship season with the Bulls. Jackson and Jordan knew they had to go out as winners and the internal feuds fueled the team.
Chicago feared paying Jimmy Butler the supermax and made one of the bolder franchise pivots over the past decade when they traded away the All-Star for a package of young prospects, ESPN’s Zach Lowe contends. The Bulls felt that a new core would bring them closer to championship contention, though they have yet to make the playoffs since trading Butler.
In the same piece, Lowe argues that better play-makers – whether acquired via outside acquisition or internal improvements – would help the Bulls’ young frontcourt improve. Neither Lauri Markkanen nor Wendell Carter Jr. has played at a high level for consistent stretches during their respective young NBA careers.

Atlantic Notes: Randle, Durant, Prince, Walker

April 11th, 2020 at 10:20am CST by Dana Gauruder

New Knicks president Leon Rose is open to dealing Julius Randle despite Randle being a former client when Rose was a player agent, according to Marc Berman of the New York Post. Rose would also be willing to shed Randle’s contract after next season, even though Randle has a partial guarantee of $4MM on his $19.8MM salary for the 2021/22 season. Prior to Rose taking over, the Knicks had discussions with Charlotte before February’s trade deadline involving Randle, who reportedly upset some teammates this season with his ball-dominant style.

We have more from the Atlantic Division:

Members of the Knicks organization last summer expressed confidence that Kevin Durant would have signed with them if he hadn’t suffered a ruptured right Achilles tendon in the NBA Finals, Ian Begley of SNY.TV reports. If that were true, Durant would have convinced Kyrie Irving to sign with New York instead of the Nets or recruited a different star to join him, Begley continues. The Knicks were not prepared last summer to offer Durant a max deal due to concerns from owner James Dolan regarding the injury. However, Durant has said publicly that he didn’t give the Knicks much consideration anyway, Begley notes.
Forward Taurean Prince took a step back this season and that could lead to a dilemma for the Nets, Zach Lowe of ESPN opines. Brooklyn gave Prince a two-year, $25.25MM rookie scale extension prior to the season that kicks in next season. He could have been a trade chip this summer in a package to bring in another star but it’s unclear what kind of value he has now, Lowe adds.
Kemba Walker would have remained with Charlotte for less than a super-max deal last summer but he knew that wouldn’t happen after meeting with Hornets owner Michael Jordan, Adam Himmelsbach of the Boston Globe writes. Walker may have stayed put if the Hornets had offered him five years and approximately $180MM. The Celtics emerged as the most likely destination because they were already a playoff team and president of basketball operations Danny Ainge had been enamored with Walker ever since the point guard’s days at the University of Connecticut, Himmelsbach adds.

Hornets Notes: Jordan, Cap Room, Roster, Rozier

February 19th, 2020 at 4:00pm CST by Luke Adams

The Hornets haven’t made the playoffs since 2016 and haven’t won a postseason series since returning to the NBA in 2004 as the Bobcats. However, as the team goes through another rebuild, general manager Mitch Kupchak says team owner Michael Jordan is “100 percent on board with what we’re doing,” according to Rick Bonnell of The Charlotte Observer.

“We made a decision to take a certain approach for this summer and we knew what that would lead to (losing) this year. There are no surprises,” Kupchak said. “With our plan, it just takes time. You draft a kid who is 19 years old and it’s going to take two or three years for him to help us win. Also, we wanted to slowly dig our way out of some of the contracts we had. That takes a year or two.”

Some of those pricey veteran contracts Kupchak referred to are coming off the books this summer, and the Hornets project to have $28MM+ in cap room, as Bonnell details. As he has said in the past, Kupchak reiterated today that Charlotte doesn’t expect to be in the market for major free agents this offseason, but suggested the club will have several options for how to use that cap space.

“You can (trade for) a player from another team straight into cap room,” Kupchak said. “Or maybe (take on) a player who makes decent money (on an unwanted contract) and you get a draft pick.”

Here’s more on the Hornets:

Asked about the Hornets’ biggest needs going forward, Kupchak mentioned rim protection, rebounding, and “a wing that can score,” according to Bonnell. However, the Hornets’ GM said the team plans to take the best player available in the draft and figure out the fit.
The Hornets have until Saturday to add at least one player to get back to the NBA-mandated roster minimum of 14. As Bonnell relays, Kupchak said today that Charlotte will likely go the 10-day contract route, and could call up a G League player from the Greensboro Swarm. The Hornets want to “look for someone we can develop,” Kupchak added.
Rookies Caleb Martin and Jalen McDaniels will probably stick with the Hornets for the rest of the season rather than being sent to the G League, according to Kupchak (via Bonnell).
The Hornets have never been a taxpaying team during Michael Jordan‘s tenure as owner, but Kupchak insisted that increasing payroll won’t be an issue once the team is ready to contend. “Even the tax won’t be an issue for him,” Kupchak said, per Rod Boone of The Athletic (Twitter link).
Devonte’ Graham‘s breakout season has meant that Terry Rozier‘s role isn’t exactly what he was expecting when he signed with the Hornets last summer. But that’s okay with Rozier, as Bonnell writes in a separate Observer article. “If I sit here and complain that, ‘Oh, I should be the point guard!’ or ‘I should always have the ball in my hand!’ nobody really cares,” Rozier said. “(Graham) has put himself on the radar. You can’t take any of that away from him or this team. I just try to adjust.”

Southeast Notes: Walker, Jordan, Parker, Wizards

November 10th, 2019 at 7:05pm CST by JD Shaw

Despite leaving the Hornets in free agency this past summer, Kemba Walker still holds a positive relationship with owner Michael Jordan and the city of Charlotte.

Walker, who spent the first eight seasons of his career with the Hornets, opted to sign a four-year, maximum-salary deal worth $141MM with the Celtics in early July.

“MJ is always going to be a special guy in my life,” Walker said last week after his return to Charlotte, as relayed by Steve Reed of the Associated Press. The Celtics wound up winning the game 108-87. “He’s one of the reasons I am where I am today.”

Jordan drafted Walker No. 9 overall in the 2011 draft, starting his professional career in a Hornets uniform. Walker has rapidly improved since his rookie season and is currently known as one of the league’s elite point guards, holding per-game averages of 24.5 points and 4.5 assists with Boston on the season.

“He gave me the opportunity to flourish as a basketball player,” Walker said of Jordan. “He gave me the opportunity to grow as a man in this community. So, MJ definitely has a special place in my heart for sure.”

There’s more from the Southeast Division tonight:

Count Jordan and former Hornets head coach Steve Clifford among those who aren’t jumping on the NBA’s “load management” bandwagon, Stefan Bondy of the New York Daily News writes. “Our guys aren’t used to sitting on the second game of a back-to-back.… We’re not sitting guys just to sit,” said Clifford, who currently coaches the Magic. “For me, my background frankly, it all goes back to expectations. Being with Michael in Charlotte, Michael used to tell them every year, you’re paid to play 82 games.”
K.L. Chouinard of NBA.com profiles Hawks forward Jabari Parker, labeling the sixth-year player as “the NBA’s oldest 24-year-old.” Parker has displayed a respectable amount of maturity in recent seasons and has interests typically shared by his elders, including older music and cars, Chouinard explained. Parker has averaged 16.4 points and five rebounds per game for the Hawks this season, starting in three of his eight contests.
The Wizards are working to find a difficult balance between developing young players while still competing in today’s league, Chase Hughes of NBC Sports Washington notes. Washington has young players with high potential such as Rui Hachimura (21) and Thomas Bryant (22), along with established veterans such as Bradley Beal (26), Isaiah Thomas (30) and others.

Michael Jordan Sells Part Of Hornets

September 27th, 2019 at 4:15pm CST by Arthur Hill

SEPTEMBER 27: The transaction has been approved by the NBA and is effective immediately, according to a team press release.

SEPTEMBER 14: Hornets owner Michael Jordan has reached an agreement to sell a portion of the franchise to two investors from New York, but he will retain control of the team, reports Rick Bonnell of The Charlotte Observer.

The buyers are Gabe Plotkin, a founder of Melvin Captal, and Daniel Sundheim, a founder of DI Capital. They must receive league approval, but a source tells Bonnell that process is already under way and the sale is expected to be finalized in about two weeks.

The percentage that Plotkin and Sundheim will acquire and the price they will pay were not revealed. Jordan presently controls roughly 97% of the team. Another source indicates that he plans to run the organization for “a good, long time.”

“I’m excited to welcome Gabe and Dan as my partners,” Jordan said in a statement tweeted by Marc J. Spears of The Undefeated. “While I continue to run the Charlotte Hornets, make all decisions related to the team and organization, Gabe and Dan’s investment in the franchise is invaluable as we continue to modernize, add new technology and strive to compete with the best in the NBA.”

Despite being considered a small-market organization, the Hornets have appreciated greatly in value since Jordan bought them in 2010. The purchase price was about $180MM, and Forbes estimated in February that the franchise is currently valued at $1.3 billion.

A source tells Bonnell that Jordan wanted to find investors who could help guide the team with technological advances. The Hornets also have a few smaller investors who owned part of the team before Jordan purchased it.

Eastern Notes: Smart, Winslow, Heat, Jordan

September 15th, 2019 at 7:10pm CST by JD Shaw

As part of his new autobiography, “I’ll Show You”, former NBA Most Valuable Player Derrick Rose praised Celtics guard Marcus Smart, lauding the tenacity, aggression and intensity he brings to the court every night with Boston.

Smart, who’s coming off a stint with Team USA in the FIBA World Cup, is expected to be one of the Celtics’ key leaders on the defensive end this season.

“I always said I’m a hooper, and hoopers can do anything, I feel,” Rose wrote in the autobiography, according to Taylor Snow of Celtics.com. “It don’t matter. Like, Marcus Smart is a hooper. Analytics, you would say no way you want him. But when you go out there and watch the game, you say, ‘Of course I want him on my team.’ Makes shots, period. That’s a guy I love playing with.”

Smart is coming off a season where he averaged 8.9 points, four assists and 1.8 steals in 27.5 minutes per game, shooting a career-high 42% from the floor and 36% from 3-point range in 80 contests. His scrappy play has helped him earn the respects of fellow players around the league, with the 25-year-old set to enter his sixth NBA season this fall.

There’s more out of the Eastern Conference tonight:

Justise Winslow is eager to play point guard for the Heat this season, Ira Winderman of the Sun Sentinel writes. “I’m looking forward to playing point guard this season,” Winslow said. “We’ll see how that works out, but that’s my plan, is to play point guard and be the point guard for this team.” Head coach Erik Spoelstra will be tasked with choosing between Winslow or Goran Dragic as starting point guard entering the campaign.
With Jimmy Butler and Bam Adebayo likely locked in as starters for the 2019/20 season, the Heat must decide the other three-fifths of the starting group during training camp, Winderman writes in a separate piece for the Sun Sentinel. Among the options coach Spoelstra could consider: Dragic, Winslow, Dion Waiters, Kelly Olynyk and James Johnson.
Rick Bonnell of the Charlotte Observer examines why Michael Jordan decided to sell part of the Hornets franchise at this stage of his life. Charlotte is expected to be one of the NBA’s worst teams this season, having lost cornerstone piece Kemba Walker in free agency and failing to replace his talents in the short term.

NBA Conducting Investigation Of Tampering

July 23rd, 2019 at 12:36pm CST by Arthur Hill

In response to tampering complaints, the NBA is investigating some of the earliest agreements reached in free agency, according to Zach Lowe and Brian Windhorst of ESPN. The process will include interviews with players and possibly agents and team employees as well.

Suspicions were raised as some free agent deals were announced immediately upon the arrival of the negotiating period, which began at 6:00pm Eastern Time on June 30. A few agreements were leaked ahead of that hour, prompting questions about the legality of the process.

The announcement of the investigation came after a “tense” owners meeting in Las Vegas in which everyone present was encouraged to express their grievances. Hornets owner Michael Jordan, who lost Kemba Walker to a quickly-announced deal with the Celtics, suggested the need to alter the way free agency is conducted in the next collective bargaining agreement. Bucks co-owner Marc Lasry, who could have the top free agent in 2021 when Giannis Antetokounmpo hits the market, discussed “gray areas” of the current rules against tampering.

NBA general counsel Rick Buchanan reminded teams that they are all expected to abide by the rules and promised a revised set of regulations that will be strictly enforced. He mentioned “seizing servers and cellphones” to track any illegal contact that teams might make.

Other possible solutions being considered by the league include:

Allowing teams to negotiate with their own free agents after the Finals have concluded. Some executives and agents admit that the free agent process now unofficially begins at the draft combine in May when meetings over potential picks expand into talk about free agent clients.
Holding free agency before the draft. The Rockets submitted a formal proposal to enact this change last year, but only got support from 10 teams, sources tell Lowe and Windhorst.
Cutting back the moratorium, which extended this year from June 30 to July 6. It exists to give the league time to account for all its revenue from the previous season and set an accurate salary cap.
Granting teams more time and more freedom to talk with free agents before they officially reach the market.

Several teams also complained about the new trend toward family members serving as virtual agents and making requests not covered by the CBA. Some used Kawhi Leonard‘s uncle, Dennis Robertson, as an example, but the authors point out that there have been many other similar cases. Commissioner Adam Silver admitted that “things are being discussed that don’t fall squarely within the collective bargaining agreement.” There was sentiment at the meeting to require family members who assume that role to go through the union’s agent certification process.

Hornets Notes: Jordan, Kemba, Quiet Deadline

February 13th, 2019 at 12:05pm CST by Luke Adams

Michael Jordan‘s successes as a player and as a Nike ambassador outshine his track record as an NBA team owner, but the transaction that allowed Jordan to buy a majority stake in the Hornets was one of the best deals the six-time NBA champion ever made, writes Brian Windhorst of ESPN.com.

As Windhorst details, despite a reported sale price of $275MM, Jordan put up just $30MM in cash to buy the then-Bobcats in 2010, in an arrangement the league likely wouldn’t approve today. Since then, Jordan has continued to purchase more shares in the franchise and now owns about 90% of the team. Forbes’ franchise valuations, released last Wednesday, suggest the Hornets are currently worth $1.25 billion.

While Charlotte isn’t a huge market and the Hornets haven’t had much postseason success since their inception, the NBA’s revenue sharing model has paid off in a big way for the club. According to Windhorst, league documents show that the organization received more than $130MM in revenue sharing money between 2012 and 2017.

Windhorst’s piece, which includes a look at how LeBron James wants to follow in Jordan’s footsteps when it comes to owning an NBA franchise, is worth checking out in full.

Here are a few more Hornets-related notes:

In an interesting piece for USA Today, Jeff Zillgitt spoke to Hornets players and head coach James Borrego about what it’s like to have Jordan as the team’s owner. “It’s actually really cool,” Marvin Williams said of playing for Jordan. “It’s not like people think. For the most part from what I hear, most people think it’s a lot tougher playing for him than it really is. He’s the total opposite. … He just wants you to compete. That’s not a lot to ask. If you compete, he’s going to live with the wins and the losses.”
After a fairly quiet trade deadline, Hornets president of basketball operations Mitch Kupchak looked ahead to the rest of the season and the upcoming offseason in his comments to reporters, including Rick Bonnell of The Charlotte Observer. Kupchak believes Charlotte can make the playoffs and spoke in positive terms about the odds of re-signing Kemba Walker in the summer. “I’m optimistic and I’m hopeful, as I always have been, that Kemba starts his career in a Hornets uniform and ends it in one,” Kupchak said.
In a post-trade-deadline mailbag for The Charlotte Observer, Bonnell answered questions on whether a quiet trade deadline would have an impact on Walker’s free agent decision, why the Hornets elected to claim Shelvin Mack off waivers using their open roster spot, and why Kupchak didn’t make any deals at the deadline.

Hornets Notes: Kidd-Gilchrist, Howard, Bridges, Jordan

August 25th, 2018 at 5:03pm CST by Arthur Hill

Michael Kidd-Gilchrist will likely have a reduced role under new coach James Borrego and may not last the entire season with the Hornets, writes Rick Bonnell of The Charlotte Observer in a question-and-answer column. Since being taken second overall in the 2012 draft, Kidd-Gilchrist has started all but four of the games in which he has appeared during his six seasons in Charlotte, but his position may be in jeopardy.

Bonnell cites “offensive limitations” that will make him less appealing with Borrego in charge. In a league where most forwards are expected to help stretch the defense, Kidd-Gilchrist only attempted two 3-pointers last season and is 7 for 36 from long distance for his career.

With a $13MM contract for this season and a $13MM player option for 2019/20, Kidd-Gilchrist won’t be easy to move. Bonnell speculates that GM Mitch Kupchak might have more success around the trade deadline, but still may have to take on long-term salary in return.

Bonnell passes on more Hornets information in the same piece:

Borrego emphasizes quick decision making on offense, which is among the reasons Dwight Howard was traded away after a productive season. The new coach wants constant movement and doesn’t like to see players holding onto the ball while deciding their next move. Howard is often criticized for slowing down the offense with his low-post game.
The Hornets may not be in a hurry to make trades before training camp opens next month because Borrego would like some time to evaluate his players to see who best fits his system.
First-round pick Miles Bridges will be used primarily at small forward, but Borrego may experiment with him as a stretch four during preseason. Bonnell notes that Bridges dropped about 20 pounds between college and Summer League, where he showed that he can distribute the ball and create mismatches.
Team owner Michael Jordan shouldn’t be judged harshly for the Hornets’ failure to attract free agents. The organization is well over the salary cap, and Charlotte doesn’t offer the natural advantages that some other cities do. Bonnell states that if Jordan were running the Lakers, he would have been just as successful as Magic Johnson when it came to luring LeBron James.
Jordan can’t circumvent the salary cap to give extra money to impending free agent Kemba Walker through his shoe deal. Walker is a paid endorser of the Jordan Brand, as are some other Hornets, but the league laid out rules against using that to get around the cap way back when Jordan first got a stake in the Wizards.

Hornets Expand Search For New GM

March 5th, 2018 at 7:13pm CST by Dana Gauruder

The Hornets are expanding their search for a new GM even though former Lakers GM Mitch Kupchak remains a leading candidate, Adrian Wojnarowski of ESPN reports.

The Hornets are looking to replace Rich Cho after announcing last month they wouldn’t extend his contract.

The club has received permission to interview Sixers VP of Player Personnel Marc Eversley, Rockets Executive VP of Basketball Operations Gersson Rosas and Heat assistant GM Adam Simon, league sources told Wojnarowski.

However, Kupchak’s longstanding relationship with owner Michael Jordan could still tip the scales in his favor, Wojnarowski adds. The Lakers replaced Kupchak with Magic Johnson last season.

Assistant GM Buzz Peterson is currently running the day-to-day operations for the Hornets and is expected to remain with the organization once a new GM is hired. Charlotte hopes to fill the position by the end of the regular season, Wojnarowski adds.