Near the start of the 2001-02 season, there were hints that Jordan may try another comeback to the NBA. On September 25, 2001, Jordan confirmed those rumors, announcing that he would once again return to the NBA as a member of the Wizards. His two seasons in Washington were mediocre at best. His statistics were solid and he showed some flashes of his old self but he could not lead the Wizards to the playoffs and missed several games due to injury. He retired for good following the 2002-03 season and was subsequently dismissed as president of the Washington Wizards.
In June 2006, he became part owner of the Charlotte Bobcats. Later that year, he filed for divorce from Juanita, his wife of 17 years. They have three children together.