According to international media reports, Michael Jordan, considered by many to be the best basketball player of all time and a symbol of the Chicago Bulls, for whom he played for 13 seasons, could become the owner of the franchise.
According to an analysis by Forbes magazine, the Bulls would have to pay a whopping $4.6 billion to acquire Jordan. Through the 2022–23 season, the Bulls reported operating income of $115 million, which includes interest income, taxes, depreciation and amortization.
The Bulls are currently owned by Jerry Reinsdorf, who acquired the basketball franchise with MLB’s Chicago White Sox in 1981. Reinsdorf and Jordan have had some public disputes over the years, but Reinsdorf has praised Jordan as the greatest player of all time.
Jordan has expressed his love for the franchise and his desire to return the team to the highest level. In June 2023, it was announced that Jordan had sold himself to the Charlotte Hornets for $3 billion, making a significant profit. His intention was to do a smart business and get economic benefits.
It is very possible that we will see the great legend of the Illinois team become the owner of the franchise in which he played for many years and where he established a lot of love and admiration from the fans of the said basketball organization.