Charlotte Bobcats vice chairman Curtis Polk, who also acts as Michael Jordan’s financial advisor, offered a review of the new collective bargaining agreement.

“I would say it’s improved the situation quite a bit,’’ Polk said. “It’s not perfect, but it’s improved the playing field to make us more competitive.’’

Polk cited revenue sharing and the new restrictions on cap exceptions as improvements over the old system.

“The combination of the new revenue-sharing (between large and small markets) with the reduction in (salary-cap) exceptions. -- in particular, how tax-paying teams can use them. That’s going to make for more competitive balance.

“Also, things like shorter contracts will make for more flexibility.’’