CHARLOTTE, N.C. (MCT) — Charlotte Bobcats majority owner Michael Jordan put out a strongly worded statement Sunday, denying he is of a mind to sell the NBA team he bought from Bob Johnson two years ago.

New York Daily News NBA columnist Mitch Lawrence wrote that Jordan has contemplated selling if the team doesn’t turn around, both in performance and profitability. Citing an unnamed associate of Jordan’s, Lawrence quoted Jordan as saying if he “can’t make a profit in the next three to four years, then I’m selling.”