Bulls

How Michael Jordan's salary surpassed the NBA salary cap in consecutive seasons

How Michael Jordan's salary surpassed the NBA salary cap in consecutive seasons

In the 1997-98 season, the NBA salary cap was roughly $27 million dollars. No player on the Bulls made over $5 million that season, except for Michael Jordan, who earned just north of $33 million.

So, how did Jordan's individual salary surpass the entire salary cap in consecutive seasons, dating back to 1996-97? Talent, of course, and timing.

Like now, teams were allowed to exceed the salary cap to sign their own players. Unlike now, there were no max contracts or a luxury tax in the collective bargaining agreement.

Jordan was a free agent after a 1995-96 season in which he made $3.8 million in the last season of a long-term deal. Jordan then signed a one-year contract for $30.1 million in 1996-97, when the salary cap stood at $24.3 million. And Jordan signed a one-year deal for $33.1 million in 1997-98 when the salary cap stood at $26.9 million.

Jordan's $33.1 million deal was worth more than the average team payroll at the time and represented the highest single-season salary in league history all the way until 2017-18, when LeBron James and Stephen Curry each surpassed it.

The Bulls' team payroll of $61.3 million for the 1997-98 season was the league's largest by $7.4 million over the second-place Knicks.

It was also $32.8 million more than the Utah Jazz's team payroll, the Bulls' eventual counterpart in the 1998 NBA Finals.

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SportsTalk Live Podcast: NBA, NHL seem close to return, MLB lurks in distance

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SportsTalk Live Podcast: NBA, NHL seem close to return, MLB lurks in distance

Laurence Holmes, David Haugh and Jay Cohen join Kap on a Memorial Day edition of SportsTalk Live.

0:00 - It looks like we’re getting closer to the return of team sports. The NBA is in talks to resume its season at Disney World, while the NHLPA approved a 24-team playoff format.

5:00 - MLB and the players continue to negotiate their restart plan.

13:00 - Sam Smith tells a San Francisco radio station the Michael Jordan lied in “The Last Dance” when he said he would have considered returning.

20:00 - The guys share their favorite non-title clinching moments in Chicago sports history.

Listen here or below.

Sports Talk Live Podcast

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Click here to download the new MyTeams App by NBC Sports! Receive comprehensive coverage of your teams and stream the Bulls easily on your device.

Top 'Last Dance' moments to get you through first Sunday without Michael Jordan

Top 'Last Dance' moments to get you through first Sunday without Michael Jordan

So you’re sitting around Sunday night, missing “The Last Dance.” We get it, we wish it was still on too.

To help us all get through this first week without it, we’ve compiled some of our favorite “Last Dance” stories so that we can remember the good times together.

Whether it’s your first time seeing some of these, or just a fun look back, we hope you enjoy.

Recounting the best quotes from “The Last Dance”

We’ve got Jordan, we’ve got Kobe Bryant, we’ve got Dennis Rodman-- and yes we’ve even got some Carmen Electra for you.

Michael Jordan jamming to different songs takes over Twitter

If there was one thing more fun than simply watching “The Last Dance,” it was talking with your friends and family about “The Last Dance.” Some of the after-show interviews with athletes, coaches and pundits added incredible insight. And sometimes a memelord would create something so fun that you couldn’t help but watch and laugh. This is one of those latter moments.

Rod Thorn: Michael Jordan didn’t ask for Isiah Thomas to be left off Dream Team

One of the biggest beefs in basketball has a light shined on it. But after all this time, there are still conflicting reports as to what happened back in 1992.

Did Utah pizza give Michael Jordan food poisoning and was it intentional?

The “flu game” is one of the most iconic performances in Michael Jordan’s career, but now we’ve learned it wasn’t the “flu game” at all! Certainly one of the most intriguing new wrinkles out of all the details we learned across the series.

Scottie Pippen on Jerry Krause: ‘The greatest general manager in the game’

The beef between Pippen and Krause was well documented, especially early in the series. But by the end even Pippen had to give it up for Krause.

Why Scott Burrell appreciated Michael Jordan's harsh leadership style

Arguably the most emotional moment we saw during Jordan’s interviews was when he described his leadership style with his teammates. It’s clear Jordan pushed the Bulls very hard, and it’s easy to see how it could rub some people the wrong way. But not Scott Burrell.

How Bulls helped Scottie Pippen earn millions more on way out of Chicago

After one early episode of “The Last Dance,” many people on social media were incredulous that Pippen’s long-term contract was never renegotiated considering his important contributions to the team. However our K.C. Johnson set the record straight for how the Bulls made things right with Pippen when he was on his way out of town.

Why running it back would not have yielded the Bulls a seventh title in 1998-99

To finish this post off, we’re going back to K.C. Johnson who tells us why the 1998 title would’ve been the last for the Bulls dynasty, no matter if Jordan, Jackson and co. returned, or not.

Click here to download the new MyTeams App by NBC Sports! Receive comprehensive coverage of your teams and stream the Bulls easily on your device.