No you don't have that feature in it
yes
You can create a player and play with him in an NBA season under 'Be A Pro' in the game modes in the main menu.
yes you can
yes you can.
You can't get him or unlock him. You have to create a player.
yes
You can create a player under rosters in the main menu.
You can create a player and make him look like Jordan.
There is no Michael Jordan on NBA Live 06, but you can create him as a player and play a season if you put him on a team.
Yes there is but on 2k6 you can create your player and put him in story mode.
You can create one, it's in the main menu probably under rosters.
You can't the only way is to create a player.