It's Michael.

4 seconds sound clip from the Space Jam movie soundboard.

You can hear this line at 00:31:43 in the Blu-ray version of the movie.

Quote context

[...]

- Bugs Bunny?

- Eh, you were expecting maybe the Easter Bunny?

- You're a cartoon. You're not real.

- Not real, eh? If I weren't real, could I do this?

- Oh, look. Is that Michael?

- It's Michael.

- It's Air Jordan.

- Basketball. (2)

- Ooh. I tought I taw... I did. I did see Michael Jordan.

- Pardon me, Mr. Jordan. Uh, can I have your auto...? Your John Hancock, please?

[...]