After 12 years on the market, it appears Michael Jordan’s Chicago mansion has finally found a buyer.
The basketball legend’s Highland Park estate is currently listed as “contingent.” According to TMZindicating that the buyer and Jordan have an agreement that includes conditions that must be met.
The last listed price for the mansion was $14,855,000, a huge cut from the initial asking price of $29 million when the home first hit the market in 2012.
This buyer has not yet been identified, but he scored a massive 56,000-square-foot home.
The mansion’s amenities include 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 bearing the number 23.
Michael Jordan was finally able to sell his 56,000-square-foot mansion in the Chicago area
The front door of Jordan’s mansion in Highland Park, Illinois, features his former jersey number.
The buyer has not yet been identified, but he got a massive 56,000-square-foot home.
The mansion’s amenities include nine bedrooms, 19 bathrooms, a cigar room and a library.
There is also a basketball court, a tennis court, an indoor gym and a circular infinity pool.
It is unclear what condition the home is currently in after a TikTok clip from months ago appeared to show the home in complete disarray.
Images of the six-time NBA champion’s home have resurfaced, seemingly showing the abandoned property in complete disarray.
Jordan’s private indoor basketball court is flooded while one of his multiple kitchens appears to be in the process of being dismantled.
The video was recorded about nine months ago by an “urban explorer” and posted to TikTok in January. It is now gaining traction on social media, despite Jordan’s representatives saying it is not his home.
“It’s clearly their home,” said Bruce Bowers of Bowers Realty Group. Sports Bible“It’s a tough sell. There’s a lot of work to do to make it yours.”
Jordan has lived primarily in his native North Carolina during his retirement, although he has been seen spending the summer with his wife, Cuban-American model Yvette Prieto, aboard a yacht in the Mediterranean.
Jordan ended his 13-year reign as owner of the Hornets by selling his majority stake in the franchise to a group led by Rick Schnall and Gabe Plotkin in August 2023.
Michael Jordan and his wife, Yvette Prieto, attend the Pro Football Hall of Fame ceremony
A months-old TikTok clip appeared to show the once-lavish home in complete disarray.
Jordan’s private indoor basketball court appeared to be flooded in TikTok video
The sale to Schnall and Plotkin was said to be worth a staggering $3 billion, representing a colossal profit for the 61-year-old given that he shelled out $275 million to buy the team in 2010.
Jordan remains a minority owner of the Hornets.
And after cashing in on his majority stake in Charlotte, Jordan made the Forbes 400 list of the richest Americans in the United States.
His net worth is now known to have surpassed the $3 billion mark, meaning he has become the first athlete to be included in Forbes’ exclusive club.
Jordan remains the richest athlete in history after combining his iconic NBA career with some of the biggest off-court business deals.
The most famous of those brand partnerships is, of course, with Nike, with whom he partnered on the Jordan brand.
The former Chicago Bulls superstar’s most recent annual royalty check from Nike was reportedly worth around $260 million.