You're right. It's a lot of salary. However, it's not my money and it's only an issue if it keeps them from doing something more productive with the money. I believe that Cho is following the OKC model to the T. I just think that the only free agent acquisitions we're going to see over the next few years will be contracts like Ramon Sessions; they are going to get all their significant, long-term contributors through the draft or a real quality-for-quality trade (like Green for Perkins). If that's the case, the Boozer money shouldn't really affect the progress of the franchise.
I don't expect it to happen because I understand that Jordan is not in the same position as Mark Cuban. But given Cho's blueprint, it would be worth a lot to get that pick back.