Michael Jordan spoke with the Herald Sun of Australia about the NBA's lockout.
"The model we've been operating under is broken. We have 22 or 23 teams losing money, (so) I think we have gotta come to some kind of understanding in this partnership that we have to realign," Jordan said.
"I can't say so much ... but I know the owners are not going to move off what we feel is very necessary for us to get a deal in place where we can co-exist as partners. We need a lot of financial support throughout the league as well as revenue sharing to keep this business afloat.
Jordan said small-market teams would benefit greatly from a "hard" salary cap.