I remember it... Jordan took a stab at Baseball because it was always a dream of his. At least that was the story, right? He did nothing of any interest in minor league baseball however, so he went back to hoops. I never heard of any suspension or gambling scandal.
There is some evidence to back it up. For example, Jordan was called to stand in a trial in 1992 where he admitted that he paid $57,000 to a cocaine dealer because of Bets he lost. Another golfer said that Jordan owed him 1.25 million then eventually he paid it back.