MJ's Other Legacy on the Line

Basketball superstar in make-or-break year as Charlotte exec
By Jesse Andrews,  Newser User
Posted Jul 13, 2007 7:44 AM CDT
Charlotte Bobcats' Gerald Wallace (3) steals the ball from Miami Heat's James Posey, back, in the second half of an NBA basketball game in Charlotte, N.C., in this April 10, 2007 file photo. Wallace and...   (Associated Press)
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(Newser) – With the league's lowest salary and a depleted front office, the Bobcats' Michael Jordan has made bold moves this summer, all part of an effort to revive an executive career marked by missteps and rivals' schadenfreude. Charlotte shook off its reputation for stocking up on young, low-earning players to take on a proven scorer and marquee player in Jason Richardson.

The Bobcats and their celebrity exec are also spending on extensions for budding star Gerald Wallace and defensive stalwart Emeka Okafor, gearing up to make a move in a weak Eastern Conference. Says a rival executive, "In 10 years, maybe that's the wrong move, but that's absolutely the right thing for Charlotte now." (Read more NBA stories.)