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Michael Jordan leads NBA owners: 50/50 too much

Posted on: November 4, 2011 2:23 pm
Edited on: November 4, 2011 2:44 pm
Posted by Ben Golliver


Just when you thought that the possible decertificiation of the National Basketball Players Association was the biggest threat to the 2011-2012 NBA season, the Greatest Basketball Player Of All Time is reportedly stepping into the forefront, reminding everyone that the world of hoops still revolves around him.

NBA legend Michael Jordan, the majority owner of the Charlotte Bobcats, is reportedly leading a band of owners who believe that a 50/50 split of Basketball-Related Income is too much for the owners to give up.

The New York Times has the details.
The owners’ faction includes between 10 and 14 owners and is being led by Charlotte’s Michael Jordan, according to a person who has spoken with the owners. That group wanted the players’ share set no higher than 47 percent, and it was upset when league negotiators proposed a 50-50 split last month.

According to the person who spoke with the owners, Jordan’s faction intends to vote against the 50-50 deal, if negotiations get that far. Saturday’s owners meeting was arranged in part to address that concern.

A majority of the 29 owners are believed to support a 50-50 deal, but they are reluctant to move further. “There’s no one who’s interested in going above 50 percent,” said the person who has spoken with the owners.

Assuming the report's accurary, it's a fairly stunning about-face for Jordan. In 1998, just 13 years ago, Jordan famously told Abe Pollin, then owner of the Washington Wizards, that he should sell his team if he can't make a profit, rather than take a "hard stand" against the players. Fourteen years later, with the situation reversed, Jordan now so embodies hard-line ownership that he has become the group's public face. 

Removing Jordan from this equation, you don't have to read too far between the lines to see what's happening.

This is the ownership's response to the idea that the threat of decertification might serve as leverage to improve the owners' offer to players during Saturday's negotiating session. It produces a clear choice for the players: Take a 50/50 split, which you say that you don't want, because it will be the best offer made, period. And, please, consider the fact that there is a large, vocal minority pushing the offer back the other direction if you decide not to accept it. In other words, this information attempts to incentivize the players to cave now rather than to cave later. It appeals to any insecurity they might have about the direction of the negotiations, presents 50/50 as a reasonable alternative to the season-spiking chaos that goes along with decertification, and attempts to extinguish any hope that 52.5 percent, or even 51 percent, is a future possibility.

That Jordan has become the front man for all of this could very well end up taking some of the luster off his pristine reputation as the years pass. Or, it could get swept under the rug like many of his other transgressions. His motiviations are clear enough. the Bobcats struggle to win games, struggle to sell tickets and struggle to generate revenue. They can make a better case than most teams that the NBA's current model is broken. 

But the Bobcats' struggles will be lost in the shadow that Jordan's legend inevitably casts over everything in his vicinity. Each individual NBA player -- whether he's attended regional meetings, negotiating sessions, or not -- must now process the fact that the man many of them hold up as an idol on the court now clearly sits on the other side of the room in the current labor battle.

It's one thing to negotiate against NBA commissioner David Stern. It's quite another to know that Stern is the good guy trying to hold the greatest to ever lace them up in check. You couldn't blame NBA players if they felt deflated after reading this. Negotiating against lawyers is bad enough. Negotiating against your hero is damn near impossible. 

Hat tip: Kelly Dwyer, Ball Don't Lie

Since: Aug 21, 2008
Posted on: November 5, 2011 10:47 am

Michael Jordan leads NBA owners: 50/50 too much

I don't rush home from work, throw on my jersey, pop open a beer and relax on my coach to watch the owner stroll back and forth in his luxury box. In do it for my favorite players, and my team. The players make the league, and making sure the team puts the best possible players on floor and on the bench is the most important part. This is NOT a is entertainment, and it only works if you keep the fans entertained. I have a Jordan jersey hangin up in my closet....not a Jordan suit. I loved watching him and rooting for him when he was on the who gives a shit about him...he's worthless, he's the past.
The small market teams complain about not making enough money, but that is because their teams suck, and no one wants to see or root for a shitty team. Be competitive, hire intellegent people who don't draft 3 point guards in the first round, and PAY YOUR PLAYERS to stick around. If you can't afford the team, then get the fuck out of here...I'm sure someone else would love to take over.

Since: Sep 5, 2008
Posted on: November 5, 2011 9:31 am

Michael Jordan leads NBA owners: 50/50 too much

On my last post that should have read No one in the world can say that players AREN'T overpaid.  Sorry.

Since: Sep 5, 2008
Posted on: November 5, 2011 9:28 am

Michael Jordan leads NBA owners: 50/50 too much

And there you have it, in pure black and white type on paper.  As a player - oh the owners should give us this and that we are the ones that actually fill the seats and get the TV revenue, as an owner - they shouldn't get this and that it's our team, blah, blah, blah.  Thus the two sides that everyone sees daily.  Millionairs fighting millionairs, greed versus greed.  No one in the world can say that players in EVERY sport in the US are over paid.  The owners should get the majority of the money, they own the team.  Do you think the owners of Walmart, Target, Sears, Exxon, Shell, or any other company in the US aren't making MORE, and I mena MUCH MORE, than the people who work for them, are they all on a 50/50 split.  I think not.  As the one SuperStar stated early last month, even though some players are making $20+ mil per year, THEY SHOULD BE MAKING $50MIL per year.  Are you kidding me?  What will they ever be happy with.  Why aren't the players willing to take a major pay CUT at the end of the year if they don't make the playoffs, or if the team takes a financial loss?  Oh they want part of the profits, but let's not take any of the losses.  The owners should give the players a deadline, once the deadline passes, they are all fired, all contracts are voided and the owners go out and hire new.  There are plenty of college players that they can sign.  Once they do that, create a system where thsi kind of crap never happens again.

Since: Jan 4, 2011
Posted on: November 5, 2011 6:50 am

Michael Jordan leads NBA owners: 50/50 too much

If the players want more of the owners reveunes, why don't they just buy their own damn team?  Walk into your bosses office on Monday morning and tell him you want 50% percent of his profits and they will fire your ass!!!!!!  These punks need to stop being greedy and just cash in on the millions that they already make.

Since: Mar 6, 2009
Posted on: November 5, 2011 5:32 am

Michael Jordan leads NBA owners: 50/50 too much

Does anyone that is supporting the players on this chat board actually own a company with more than 5 people?

Since: Aug 7, 2008
Posted on: November 5, 2011 2:25 am

Michael Jordan leads NBA owners: 50/50 too much

As the old saying goes..."Don't judge a man until you have walked a mile in his shoes".

Michael Jordan was a naive and somewhat arrogant but amazing basketball player when he made that stupid comment many years ago. As a business man and owner of a major sports team he now knows that paying athletes huge sums of money is not necessary.....because seriously where else are they going to play if not in the NBA? also, the slaaries keep going up and up. I propess that there be a hard cap in pro sports. Every year you make less than you made the year before. After all, athletes are always saying that they play the sport because they love it so much and that they love it so much that they would do it for free. Besides, if athletes are ANY good then they will rake in millions upon millions in endorsement deals. Michael Vick is a convicted felon who went to jail for abusing and killing animals and subsequently lost his big money NIKE contract. But after "redeeming" himself he has signed an even larger contract than the one he had before. And yes, his endorsement money is alot more than the money get makes as a football player for the Eagles.

Since: Aug 21, 2006
Posted on: November 5, 2011 1:26 am

Michael Jordan leads NBA owners: 50/50 too much

over paying players began as soon as pro sports came about.  These people are merely entertainers and for them to be making more than our doctors, teachers and law enforcement is ridiculous.

Its not about what you would be willing to play for...its about what your salary would be compared to how much money yoo would generate. The NBA players collectively generate billions of dollars. Something tells me if you were generating billions of dollars for your boss you wouldnt be happy making 60k a year. 

Since: Feb 15, 2008
Posted on: November 5, 2011 1:06 am

Michael Jordan leads NBA owners: 50/50 too much

Yeah. All of this from a guy who made $30 million a year over the last several years that he was with the Bulls. I guess it was plenty ok for him to get his while he was a player, and  it isn't for the current players now that he is a part-owner. Michael Jordan........D-bag of the year.

Since: Aug 25, 2011
Posted on: November 5, 2011 12:40 am

Michael Jordan leads NBA owners: 50/50 too much

The 50/50 is not 50/50 and I wish it would get a new name, like "Stern's Grand Plan".
It's not 50/50 because the owners take $600M right off of the top of BRI for "expenses" and they also don't include all basketball related income, like luxury suite revenue, NBA TV or League Pass.  Then they split and give the players half of what is left.  

The players should not accept this deal and move forward with decertification. 

Since: Oct 6, 2006
Posted on: November 4, 2011 11:52 pm
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