SUP Magazine: Michael Jordan Finally Sells Chicago Mansion, But Takes Huge Loss

NBA legend Michael Jordan has finally off-loaded his $14.8 million Chicago mansion after it spent over a decade on the market, but ABC Chicago reported that he took a staggering loss on the sale. Jordan purchased the sprawling seven-acre property in 1991 before erecting the 56,000-square-foot home four years later. Jordan modernized the home in 2009. It originally went on the market in 2012 with a price tag of $29 million, but soon was discounted by more than 50 percent at $14.8 millio...