TheDangerousKitchen
New Member
MJ wasn't a free agent when he signed his extension. He signed September of '88 and still had 1 more year on his rookie deal, plus 2 option years.
On September 12, 1984, Michael Jordan signed his first NBA contract with the Chicago Bulls. It was a 5 year guaranteed contract with two option years. The whopping total was for a little over $6 million and that included a $1 million signing bonus.
The 1984 NBA Draft: Drafting Jordan ? Not a Done Deal « The History Rat
The previous season (87-88 before signing the extension) Bulls were a #3 seed with a record of 50-32 and got beat in the 2nd round.
1987-88 NBA Season Summary | Basketball-Reference.com
Jordan signed the extension before the start of the 88-89 season... he would have been a FA following that season (his 5th year in the league) but he chose instead to stay in Chicago.
That really doesn't change anything we've been discussing, the fact that the Cavs were much closer to a Championship (when James bolted) than were the Bulls (when MJ re-signed with them).