Michael Jordan’s Statements on NBA Lockout Cost him $100,000

Michael Jordan

The NBA fined Michael Jordan $100,000 today for comments he made last month about the lengthening lockout and Milwaukee Bucks Center Andrew Bogut. Damn, that’s a lot of scrilla for just speaking your mind.

In an Aug. 19 interview with Australian newspaper The Herald Sun, the Charlotte Bobcats owner and Chicago Bulls legend spoke extensively about the need for revenue sharing.

The league issued a mandate just before the lockout began on Canada Day stating that anyone who spoke about the lockout and the players could be fined up to $1 million. Seems like a lot of mad cheddah for just simply telling it like it is.

My anonymous sources within the leaguesay they’ll know a lot more about whether there’s a season or not on the 15th. and that’s just 3 days away. Considering that every team’s media day is supposed to be held on October 3rd, if we have a season, they better figure things out quickly!

Jordan, and Bucks owner Herb Kohl have lobbied other owners to support revenue sharing. Here’s what Jordan said that got him in trouble:

“We need a lot of financial support throughout the league as well as revenue sharing to keep this business afloat.

“We have stars like Bogut who are entitled to certain type of demands. But for us to be profitable in small markets, we have to be able to win ballgames and build a better basketball team.”

The players’ union is advocating an expansion of the rev-share, copying the NFL and MLB model to correct the small market teams bleeding money. But the league says that wouldn’t be enough to turn a profit, as they claim a loss of $300 million last season.

Of course that number really isn’t very big….to people like Jordan, Mark Cuban, and quite a few other league owners. And the amount Jordan was fined sounds steep. But to him that’s what nickels and dimes are to us.

Paul M. Banks is CEO of The Sports Bank.net, an official Google News site that generates millions of unique visitors. He’s also a regular contributor to Chicago Now, Walter Football.com, Yardbarker, and Fox Sports

He does regular weekly radio spots in Chicago and Cleveland and has appeared on live shows all across the world from Houston to New Zealand. The President of the United States follows him on Twitter (@Paul_M_BanksTSB) You should too

Powered by


  1. It is appropriate time to make a few plans for the long run and it’s time to be
    happy. I have learn this publish and if I could I wish to counsel you
    some attention-grabbing things or advice. Perhaps you can write
    subsequent articles relating to this article. I wish to
    learn more issues approximately it!

  2. This page really has all of the information and facts I needed
    concerning this subject and didn’t know who to ask.

  3. I’m truly enjoying the design and layout of your blog.
    It’s a very easy oon the eyes which makes it much more enjoyable for me to come here
    and visit more often. Did you hire out a developer to create
    your theme? Excellent work!


  1. 2012 Chicago Bulls Face Potential Glass Ceiling | Chicago Sports Guru says:

    […] roster because the Jazz have been to NBA Hell twice. In the John Stockton-Karl Malone era, it was Michael Jordan and the Bulls who kept them from breaking through to win the title. During the Carlos Boozer-Deron […]

  2. Will the Bulls have the NBA's Best Record Again? | Chicago Sports Guru says:

    […] roster because the Jazz have been to NBA Hell twice. In the John Stockton-Karl Malone era, it was Michael Jordan and the Bulls who kept them from breaking through to win the title. During the Carlos Boozer-Deron […]

  3. 670 The Score Bears Overcoverage: unlistenable self-promotion | Chicago Sports Media Watch says:

    […] the team is winning or losing. The Cubs are 1b. to their 1a. when they’re in the playoffs. And Michael Jordan borrowed the city for a decade, making the Bulls come first during the ’90s. (It even helped me […]

  4. SI Swimsuit Issue: keeping Sports Illustrated relevant (Photo Gallery) says:

    […] the way, you can see the whole SI body paint set here. Upton is the Michael Jordan of the supermodel/swimsuit game right now. Everything after that is […]

  5. ESPN 1000 co-host Marc Silverman: exclusive interview says:

    […] high school boys and girls basketball games in Estherville, Iowa in the winter of 1994 to covering Michael Jordan’s return in 1995 for WGN Radio. […]

  6. Chet Coppock has a new Chicago Sports book out (exclusive interview) says:

    […] and moments in Chicago sports. Boasting an All-Star cast of characters Mike Ditka, Jack Brickhouse, Michael Jordan, and many more this rollicking journey reveals the truths that every fan should know. You might not […]

  7. What's next for CSN's Bulls Analyst Kendall Gill? says:

    […] extraordinary athleticism, but only good NBA skills. However, he once scored 32 points with Michael Jordan guarding him all […]

  8. Top 10 Chicago Sports Media Interviews says:

    […] the best “breaking into the business” story I’ve ever heard. You got to read about how Michael Jordan, the Bulls, timing, hard work, perseverance and luck all came […]

  9. Ring Lardner award honors: Mark Giangreco, Red Kerr, Frank Deford says:

    […] got  over-excited, it was justified. He was chronicling the pinnacle of NBA dynasty; the time when Michael Jordan and Scottie Pippen were at the height of their […]

  10. […] they let me do little things. Until eventually they gave me a huge break when they let me cover the Michael Jordan championship era Bulls. So I was on the road with them, and I was able to parlay that into a job at […]

Speak Your Mind