Michael Jordan fined $100000 for comments

Michael Jeffrey Jordan, a former American basketballer and currently owner of Charlotte Bobcats was fined $100,000 for revenue sharing comments during an interview with Australian newspaper The Herald Sun on 19 August 2011.

NBA confirmed the fine but did not give details on the amount.

It seems that Jordan’s gesture violated the rules of NBA which say that in such situations the fines can go up to $1 million. Fortunately it was not Michael Jordan’s case.
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Jordan, who along with other owners support revenue sharing, revealed for The Herald Sun: “We need a lot of financial aid throughout the league as well as revenue sharing to keep this business in circulation.

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