The Curse of Michael Jordan’s Mansion? NBA Star’s $10 Million Home Went Unsold for 13 Years—and New Owner Is Facing Even More Woes

NBA legend Michael Jordan‘s former Chicago mansion famously spent 13 years languishing on the market until it finally found a buyer in 2024, albeit for a heavily discounted price.

The buyer in question, John Cooper, snapped up the beleaguered dwelling for just $9.5 million in December, more than $5 million less than the $14.89 million it was last listed for.

Initially, Cooper was full of promise for what was to become of the famous dwelling—vowing to protect its legacy—while hinting at the “exciting plans” he had lined up for the home, which he noted would not serve as his primary residence.

However, those exciting plans quickly hit more than a few hurdles, with Cooper making multiple attempts to turn the property into a lucrative business venture only to be met with disappointment—and seeming failure—at every turn.

The struggles began two months after the businessman purchased the home, when he announced plans to turn it into a luxury timeshare, offering up slices of the iconic dwelling for $1 million each.

The proposal was going to allow bidders to invest in pieces of the property, starting at $1 million each—with Cooper announcing at the same time that he had renamed the property Champions Point.

However, the timeshare concept doesn’t seem to have ever taken off, prompting Cooper to rethink his plans for the expansive abode.

In February 2025, he put the entire dwelling on the rental market for an eye-watering $230,000 a month, describing it as a “once in a lifetime opportunity” to lease a “world-class estate” that was designed for “those who live and breathe sports.”

In listing the home for rent, Cooper shared images of the updates he made to the interior, unveiling new furniture additions and a fully renovated kitchen with modern amenities.

The listing photos revealed one rather surprising update to the dwelling: the removal of Jordan’s iconic “Jumpman” logo from the center of the in-house basketball court.

Additionally, the listing description made no mention of Jordan’s former ownership of the home, instead attempting to appeal to a wider variety of sports fans, beyond those who may have been devotees of the NBA legend or his former team, the Chicago Bulls.

“Champions Point is a sports lover’s sanctuary, featuring a regulation-sized basketball court, championship-level putting green, tennis court, fitness center, and gaming areas,” the listing—which is still active—reads.

“The ultimate retreat—elevate your game-day experience like never before. Watch every buzzer-beater, Cinderella story, and championship moment unfold in your private sports haven.

“Whether you’re courtside in your own regulation-sized indoor basketball arena, hosting an epic viewing party in the state-of-the-art theatre, or celebrating victories in the luxury cigar lounge and wine cellar, every moment at Champions Point is designed for those who demand excellence—on and off the court.”

Yet again, the property failed to take off—leading Cooper to dramatically slash the asking price, not once, but twice, first to $150,000-a-month then, more recently, to just $89,000-a-month.

Months later, in June, Cooper revealed he was back with another business venture for the home, this time rebranding the dwelling as a luxury rental on Airbnb, which launched on June 30.

“Champions Point has always been a legendary estate. Now, we’re making it possible for more people to experience that magic firsthand through our partnership with Airbnb Luxe,” Cooper said in a statement. “Whether it’s a family retreat, milestone celebration, or unforgettable getaway with friends, this estate offers an unparalleled experience in luxury living.”

According to Airbnb, the home’s classification as one of its “Luxe” dwellings is a clear sign of its impressive heritage and promises to provide guests with “exceptional design, luxurious amenities, and high-touch services.”

“Each Luxe property must pass a rigorous 300-point inspection focused on form, function, feel, location, and service—ensuring every stay meets elevated standards for comfort, style, and experience,” an Airbnb spokesperson said.

The press release added that, in addition to the many amenities already available at Jordan’s former home, guests will have the opportunity to add on additional services, including private chefs and on-site spa treatments.

“Champions Point features a professional-quality basketball court, a circular infinity pool with its own island, a championship-level putting green, and a private pond stocked with bass and bluegill. Guests will also enjoy a tennis court, a state-of-the-art movie theater perfect for screenings or sports events, and a commercial-grade fitness center,” the press release read.

“Indoors, the estate includes a wine cellar, private salon, two saltwater aquariums, and cigar lounge with a humidor and custom leather poker tables. Optional services such as private chefs, luxury transportation, curated local experiences, and on-site spa treatments are available to enhance each stay.”

Despite its arrival on Airbnb, the luxury dwelling is still available for a monthly lease, according to its Realtor.com listing.

Cooper, who has lived in Chicago for 10 years, is understood to be a longtime fan of the NBA and the Bulls. He seemed overjoyed when he managed to snag the sporting legend’s home at a very discounted price.

The partner at real estate company HAN Capital picked up the estate, which had been on the market for more than a decade, for $5 million less than its most recent list price of $14,855,000.

That listing price had been in place for several years, having been applied to the home as part of an apparent marketing tactic to remind potential buyers of its connection to Jordan: The numbers in the price add up to “23,” Jordan’s jersey number when he was with the Bulls.

Over the years, the property’s ties to Jordan brought interest, but it struggled to find a buyer. Even a glimpse of the property during Jordan’s Bulls era in the popular documentary “Last Dance” didn’t lead to a sale.

The estate first came on the market in 2012 for $29 million, long after His Airness had left the Bulls and the area.

Over the years, the price was slowly reduced. Finally, in December 2024, Cooper pounced and scored with an even lower amount of $9.5 million.

The custom-built 56,000-square-foot abode sits on 7 acres and offers nine bedrooms, 19 baths, a regulation-sized basketball gym, circular infinity pool, putting green, tennis court, and cigar room.