Michael Jordan
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Michael Jordan of the Chicago Bulls is a six-time NBA champion.
One of the biggest NBA conspiracies involving Michael Jordan was that he was suspended for gambling ahead of the 1993-94 season. However, Jordan’s former Chicago Bulls teammate Horace Grant has debunked the rumors surrounding his first retirement.
Jordan shocked the entire world in October 1993 when he announced his abrupt retirement at the age of 30. He was at the top of the world, fresh off leading the Bulls to their third straight NBA championship.
MJ claimed that he lost his desire to play basketball, citing the tragic death of his father three months prior as a huge factor. He ended up fulfilling James Jordan‘s dream of him pursuing professional baseball.
His Airness played in the Chicago White Sox‘s minor league system before unretiring and returning to basketball near the end of the 1994-95 campaign.
Grant Debunks Gambling Rumors About Jordan
Speaking to Stephen Jackson and Matt Barnes on the All The Smoke podcast, Grant revealed that there were no rumblings about a secret suspension for gambling back then. He explained that Jordan wanted to get out of basketball after the death of his father.
“People don’t know in terms of, he lost his dad,” Grant said, via HoopsHype. “The trauma of a guy like that who has no privacy, losing his dad, the wear and tear that it has on you mentally can take a toll on you. He just wanted to get away, man. And pursue baseball.”
Grant added: “We never heard gambling and all of that sh*t because in our mind we had something to prove to ourselves, the fans in Chicago. We had a legitimate chance to win without MJ. … He still used to come and practice with us.”
The Bulls did indeed have a chance to win it all during the 1993-94 season. Scottie Pippen had an MVP-like campaign, leading the Bulls to a 55-win campaign. However, they came up short in the second round against the New York Knicks.
As for James Jordan, he was shot and killed by Daniel Green and Larry Martin Demery. His death deeply affected Michael, who called it a “dark period” in his life, as per People.
Jordan Once Opened Up About His Gambling
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GettyMichael Jordan, NBA Hall of Famer and co-owner of 23XI Racing reacts in victory lane after Tyler Reddick, driver of the #45 Chumba Casino Toyota, wins the NASCAR Cup Series Daytona 500 at Daytona International Speedway on February 15, 2026 in Daytona Beach, Florida.
There’s no denying that Jordan loves to gamble, and it’s one of his vices. In a rare 2005 interview, he once explained to Ed Bradley on 60 Minutes how his desire to win is tied to his gambling.
“I want to win. I want to go out on a limb and win,” Jordan said, via Basketball Network. “Sometimes that can take you past the stage that you probably should take a step back from. And sometimes I don’t look at that line. I step over that line. It’s a very embarrassing thing, it’s one of the things that you totally regret.”
Jordan can afford to gamble with a reported net worth of $4.3 billion, according to Forbes.