Chicago Bulls guard Michael Jordan Friday denied a published report he has agreed to a eight-year, $28 million contract with the team that would make him the highest-paid athlete in professional sports.

The Chicago Tribune reported Friday that Jordan would sign the new contract sometime next week. The deal, including performance incentives, was initiated by club owner Jerry Reinsdorf shortly after the club set a single-season attendance record of 667,568 earlier in the week, the paper reported.The Bulls have sold out all but one game this year, due mostly to the appeal of Jordan.