Michael Jordan estate fails to sell at auction

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HIGHLAND PARK, Ill. (AP) — Michael Jordan’s 56,000-squarefoot home in suburban Chicago has
failed to sell at auction after thebidding fell short.Jordan spokeswoman Estee Portnoy says
nobodyoffered the reserve price of $13 million for the seven-acre estate inHighland Park, north of
Chicago.Portnoy says Concierge Auctionspublicized Monday’s auction well, but that market conditions
aren’tideal. She says options for the property will be evaluated next year.The former Chicago Bulls
superstar’s home originally was listed at $29 million in early 2012.Ithas nine bedrooms, 15 full
bathrooms, a pool pavilion and aregulation-size indoor basketball court. It also features
what’sdescribed as a "gentleman’s retreat," complete with a library, wet barand the original
doors from the Playboy Mansion in Chicago.Jordan now owns the Charlotte Bobcats.Copyright 2013 The
Associated Press. All rightsreserved. This material may not be published, broadcast, rewritten
orredistributed.HIGHLAND PARK, Ill. (AP) — Michael Jordan’s 56,000-squarefoot home in suburban Chicago
has failed to sell at auction after thebidding fell short.Jordan spokeswoman Estee Portnoy says
nobodyoffered the reserve price of $13 million for the seven-acre estate inHighland Park, north of
Chicago.Portnoy says Concierge Auctionspublicized Monday’s auction well, but that market conditions
aren’tideal. She says options for the property will be evaluated next year.The former Chicago Bulls
superstar’s home originally was listed at $29 million in early 2012.Ithas nine bedrooms, 15 full
bathrooms, a pool pavilion and aregulation-size indoor basketball court. It also features
what’sdescribed as a "gentleman’s retreat," complete with a library, wet barand the original
doors from the Playboy Mansion in Chicago.Jordan now owns the Charlotte Bobcats.Copyright 2013 The
Associated Press. All rightsreserved. This material may not be published, broadcast, rewritten
orredistributed.

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