Michael Jordan believes the Charlotte Bobcats can become a destination franchise for the NBA's best players.
"I like to think that we're one of the teams that's a destination," said Jordan on Wednesday. "Why can't Charlotte be that destination?" Jordan asked rhetorically. "It has been in the past. It was. Why not now? I like to think we have the organization to do that. And I will do everything I can."
Sources say the Bobcats took a major financial hit this season, but Jordan insists they will have money to spend on players.
"I don't want people to think we're not willing to spend," says Jordan. "I want to spend money for a team that's going to get us in the top four (in the Eastern Conference), the top three."
He adds: "We haven't put ourselves in position to do that yet because of some of the stipulations of our contracts. And now this is the first time we feel like we're going to have a pretty good summer because we have some flexibility. We want to invest. To get where we have to go, we know we have to."