After waiting more than a decade for his mansion in Highland Park, Illinois to be sold, Michael Jordan has finally said goodbye to the 32,000-square-foot-home.
Unfortunately for the Chicago Bulls legend, the price it was sold for was far below the initial listing.
The mansion was put on the market for $29 million, but it has been sold for $9.5 million – a 67 percent drop for the property located in Chicago’s northern suburbs.
The home includes nine bedrooms, 19 bathrooms, a cigar room, a library, an indoor gym, a circular infinity pool, a basketball court, a tennis court and an iconic front gate featuring the number 23.
Since retiring, Jordan has mostly lived in his native North Carolina.
Jordan’s wealth continues to grow
The sale of the mansion will only add to Jordan’s net worth, which was greatly boosted by the end of his 13-year reign as the majority owner of the Charlotte Hornets in August 2023.
He sold his majority stake to Rick Schnall and Gabe Plotkin for $3 billion, a huge profit given he bought the team for $275 million back in 2010. Jordan still remains a minority owner.
The sale helped Jordan make Forbes’ 400 list which showcases the wealthiest Americans in the USA. His net work has reportedly surpassed $3 billion, making him the first ever athlete to be include in the exclusive club.
Jordan also took home around $260 million from his most recently yearly royalty check with Nike, showing that the former Bulls great continues to be a huge star in the sports world despite retiring for good back in 2003.