After the 1995-96 season, there was a possibility of Michael Jordan signing with the New York Knicks in free agency.
At the time, the Knicks were owned in part by ITT, which also owned Sheraton Hotels.
A plan was possibly concocted where Jordan would receive substantial Sheraton holdings, perhaps in endorsement money which would be separate from the salary cap and seemingly within the rules, though a circumvention.
Jordan's agent David Falk initially told the Bulls it would take a salary starting in the mid to high $20s of millions of dollars to sign Jordan.
In the end, the Bulls topped that figure at $30 million and he never played for the Knicks.
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