Updated

As frustrated as Michael Jordan has been over the Charlotte Bobcats' lack of success, he says tanking games to get a high pick in next year's NBA draft isn't the way to fix a rebuilding franchise.

The Bobcats owner scoffed at the idea Friday, telling The Associated Press, "I don't know if some teams have thought of that. That's not something that we would do. I don't believe in that."

He then laughed heartily, saying, "If that was my intention I never would have paid Al Jefferson $13 million a year."

Jordan won six NBA titles as a player, but Charlotte is 62-168 in his three full seasons as majority owner. The 2014 NBA draft could be loaded with talented players like Andrew Wiggins at Kansas and Duke's Jabari Parker.