According to international media reports, Michael Jordan is considered by many to be the best basketball player of all time and a symbol of the Chicago Bulls, a team for which he played for 13 seasons. According to international media reports, he may become the owner of the team.
According to analysis by Forbes magazine, in order to acquire the Bulls, Jordan had to pay a huge fee of US$4.6 billion. For the 2022-23 season, the Bulls will have 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 in 1981 with MLB’s Chicago White Sox. Reinsdorf and Jordan had some public feuds over the years, but Reinsdorf praised Jordan as the greatest player of all time.
Jordan expressed his love for the team and his desire to get it back to the highest level. In June 2023, Jordan announced the sale of the Charlotte Hornets for $3 billion, making a huge profit. His purpose is to conduct smart business and gain financial gain.
We’ll likely see the great Illinois legend become the owner of the team he played for for many years, where he earned the love and admiration of fans of the basketball organization.