2

Michael Jordan's hero image tarnished in NBA negotiations

Former player Michael Jordan of the Chicago Bulls addresses the crowd as teammate Scottie Pippen listens during a 20th anniversary recognition ceremony of the Bulls 1st NBA Championship in 1991 on March 12, 2011 in Chicago, Ill.

To view this content, Javascript must be enabled and Adobe Flash Player must be installed.

Get Adobe Flash player

Steve Chiotakis: Regardless of the final outcome of the NBA labor negotiations, basketball legend --
and current Charlotte Bobcats owner -- Michael Jordan, could end up taking a big hit to his superstar image.

Sally Herships explains.


Sally Herships: To basketball fans, Michael Jordan is a genuine hero -- possibly the greatest player of all time.

Kenneth Shropshire: A lot of that was certainly due to his determination and focus and leadership on the court.

Kenneth Shropshire is director of Wharton's Sports Business Initiative. He says Jordan took his skills with him when he moved from player to owner. But while Jordan was tough on the court, at the bargaining table he's seen as ruthless. Wizards player Nick Young even tweeted that he won't wear his Air Jordans any more.

Victor Matheson: Michael Jprdan always wanted to win at everything, no matter what side of the debate he's on.

Victor Matheson is a sports economist at College of the Holy Cross. He says wherever Jordan is, he's always been known as a tough negotiator, cutting great deals -- for himself.

Matheson: As of last year, he was actually still the highest paid basketball player in the world, despite having not played in almost 15 years.

But Matheson says the longer Jordan is away from the game, the harder it will be for him to maintain his brand. Especially if active players stop wearing his shoes.

In New York, I'm Sally Herships for Marketplace.

About the author

Sally Herships is a regular contributor to Marketplace.
R Harman's picture
R Harman - Nov 10, 2011

The big problem for the NBA is, WHO CARES! I went to game a couple of years ago the place was half emmpty and I spent $100 to watch a boring game with no real action. The NBA lock out was a gift to the NHL who selling out games in all the NBA towns that have hockey. The longer the lock out the harder for them to recover.

CR Bucks's picture
CR Bucks - Nov 10, 2011

As a fan I am glad to see MJ take a hard stance. When MJ played, players made a fraction of what they do now. Players were also a lot less public in their display of excessive wealth. Considering the nfl players make 47% of income, and take a beating, I think the NBA players wanting above 50% is crazy! If a player wants more than 50% then they should save their money and wisely buy a team of their own!