It's no secret that Michael Jordan wanted to become a GM after being a player, but there was no practical way for that to happen with the Bulls. Reinsdorf wasn't about to fire Jerry Krause to instill Michael Jordan. The idea would have been insane. However, let's say that out of overwhelming loyalty for Jordan making the Bulls around a billion dollars that Reinsdorf did the insane.
The Bulls wouldn't have been frozen out of free agency
One of the biggest factors in the Bulls not landing anyone in 2000 was the fact that the players in the NBA all hated Krause. He was not equipped to recruit a free agent after the hero of virtually every player had poisoned the well against him for the previous decade. However, if Jordan showed up to recruit guys wearing six rings it's a different story.
The Bulls still likely wouldn't have landed Tim Duncan, he wouldn't forgo the extra money he could get in San Antonio, but they likely would have landed Tracy McGrady and Grant Hill. That would have been a double edged sword for the team as we saw what happened to the pair in Orlando. Assuming Jordan still drafts Artest and Brand, the Bulls would still have some pretty good pieces to build around though.
It's likely the Bulls would have been a recruiting magnet and one of the best destinations in the NBA for free agents for however long Jordan was GM, and it's also likely that with McGrady added to the team that Brand wouldn't have been begging out.
We would have missed out on the Tim Floyd era
Maybe Jordan would have persuaded Doug Collins to come back and coach the Bulls, maybe he'd have found someone else. He sure as hell wouldn't have hired Tim Floyd who was one of the worst coaches I've ever seen in the NBA. Floyd showed that he could overplay crappy veterans even when his team was on pace to win 15 games.
The Bulls locker room was out of control and was known for its poor work ethic and goofing around. Regardless of who Jordan put in charge that wasn't going to happen. Not with MJ looking over it every day.
Of course it may have splintered into other problems from having Jordan's over controlling personality around it. Jordan likely would have wanted to practice constantly with the team and inserted his own drama.
We would have seen Jordan's final comeback
When Jordan got the itch to play again, it wouldn't have been as a Wizard. It would have been as a Bull. If he did so with a team led by Brand and McGrady the results would have been far more interesting than they were for the Wizards as well.
It's unlikely the Bulls would have had enough get past the Lakers, but a core of Brand, McGrady, and Jordan would have made the playoffs and would certainly have had a shot at making it to the finals given the pedestrian competition in the East.
We would have to cope with Jordan's firing
Maybe things would have been different for MJ in a big market. Maybe he would have made more with the Bulls opportunities, but from what we've seen with both the Wizards and Bobcats, Jordan simply isn't that good of a GM.
Eventually, things would have blown up with Jordan, the Bulls would have struggled badly, and Reinsdorf would be forced to fire him. The Bulls are separated from Jordan now, but Bulls fans got to only feel the affects of the best Jordan. They didn't live through him letting them down as a player or a GM.
We never had to root for Reinsdorf to fire Jordan because he was so terrible or say good riddance as he left town. Jordan's legacy as a Bull will always be intact because he never failed here and it would have been sad to see him go out on a negative note in Chicago.
Would 2010 be different? Would the Bulls have drafted Derrick Rose?
Odds are the Jordan butterfly effect is enough that the Bulls never get the #1 pick in the draft. Jordan's likely gone by 2010, and even if he's not, it's unlikely that his presence is enough to lure LeBron James. The most likely scenario is that the team is far weaker and less appealing than it was in what really happened in 2010.
In the end, the present day Bulls are probably better off that they never hired Jordan. Things would have likely never gotten as bad as they did with Krause, and the Bulls likely would have had a big playoff run with an unretired Jordan. However, Bulls fans would have also likely watched Jordan lose rather than conveniently ignoring the Washington years and pretending his lost shot was the championship winner against Utah.
We probably don't have Derrick Rose and also likely add a bunch more bitter Jordan memories rather than happy ones. In the end, things probably worked out for the best even if Jordan wouldn't have been as big a train wreck as Krause in the post Jordan era.
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