Michael Jordan finally sells $14.8 million mansion after more than a decade on the market but at a steep discount

The decade-plus wait is finally over for Michael Jordan.The NBA legend finally unloaded his $14.8 million Chicago-area mansion after 12 years on the market but for a substantially lower closing price of $9.5 million, Bloomberg reported Thursday.The luxurious seven-acre estate was originally listed for $29 million in 2012 before the price was slashed to just less than $15 million.Thursday’s development comes months after TMZ reported in September that Jordan had found a buyer.The listing was considered “contingent” at the time, meaning certain criteria needed to be met.That same month, The Wall Street Journal reported that prospective buyers who toured the compound would be required to sign a nondisclosure agreement.Located in Highland Park, Ill., the lavish property was constructed when Jordan played for the Bulls, with whom he won six NBA championships during the 1990s.Complete with entry gates featuring Jordan’s No.

23 jersey number, the mansion boasts nine bedrooms and 19 bathrooms.A basketball court, indoor gym, library and cigar room make up the opulent property’s amenities, as well as a tennis court, infinity pool and multi-car garages.A 14-time NBA All-Star, Jordan’s first stint with the Bulls lasted from 1984-93.He returned to Chicago from 1995-98 after a brief retirement.Jordan played the final two seasons of his career with the Wizards before officially retiring after the 2003 season.Off the court, Jordan has an impressive real estate portfolio.Jordan has condos and a lake house in his native North Carolina and a property in Florida, Architectural Digest reported in January.Jordan has spent time overseas in recent months, traveling to Europe over the summer with wife Yvette Prieto.They have been married since 2013....