So Jordan going to lose over 20 Million dollars on home he trying to sell

King Poetic

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BlackEconomics
This was no real estate slam dunk.

Michael Jordan's 56,000-square foot home in suburban Chicago has failed to sell at auction after the bidding fell short.

The basketball legend's spokeswoman Estee Portnoy said nobody offered the reserve price of $13 million for the seven-acre estate in Highland Park, north of Chicago.

Portnoy said Concierge Auctions publicized Monday's auction well, but that market conditions aren't ideal. She said options for the property will be evaluated next year.

The former Chicago Bulls superstar's home -- with the player's iconic jersey number, 23, on the main gates -- originally was listed at $29 million in early 2012.

It has nine bedrooms, 15 full bathrooms, a pool pavilion and a regulation-size indoor basketball court. It also features what's described as a "gentleman's retreat," complete with a library, bar and the original doors from the Playboy Mansion in Chicago. He most likely will have to sell the house for under $10 million

Jordan is currently owner of the NBA's Charlotte Bobcats.

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Michael-Jordans-home-living-rm-589x392.jpg

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Better call melyssa ford to sell that bytch
 

iBrowse

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This was no real estate slam dunk.

Michael Jordan's 56,000-square foot home in suburban Chicago has failed to sell at auction after the bidding fell short.

The basketball legend's spokeswoman Estee Portnoy said nobody offered the reserve price of $13 million for the seven-acre estate in Highland Park, north of Chicago.

Portnoy said Concierge Auctions publicized Monday's auction well, but that market conditions aren't ideal. She said options for the property will be evaluated next year.

The former Chicago Bulls superstar's home -- with the player's iconic jersey number, 23, on the main gates -- originally was listed at $29 million in early 2012.

It has nine bedrooms, 15 full bathrooms, a pool pavilion and a regulation-size indoor basketball court. It also features what's described as a "gentleman's retreat," complete with a library, bar and the original doors from the Playboy Mansion in Chicago. He most likely will have to sell the house for under $10 million

Jordan is currently owner of the NBA's Charlotte Bobcats.

michael_jordan_tk_ss_120229_ssh.jpeg

Michael-Jordans-home-living-rm-589x392.jpg

OB-RZ771_Jordan_H_20120229111316.jpg

indoor-basketball-court-at-michael-jordans-chicago-home-concierge-auctions-facebook.jpg


Better call melyssa ford to sell that bytch

:mjpls: that $16 mil difference is probably a drop in the bucket for him :manny:
 

muse

thats 2 kids! im out!!
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chi sagittarii
but you know what his reaction would be if you asked him for some money to buy a pair of his shoes right

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Well shyt i would laugh my ass off too if someone asked me for money to buy something from me/of mine. Get your mind right. Just ask me for the product duh
 

mr x

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Looks like we might finally get a sequel to space jam :whew:


This time around he's the owner and GM of the squad...and his multiple bad decisions cost his team the victory.

-amnesties bugs
-cuts lola from the team
-drafts the inexperienced buster bunny and hampton the pig
 

Chris.B

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He will make it back from the black kids who buy his shoes.

The ones who gives no fukks about.
 
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