Bulls' Worth Increases to $4.83 Billion

The Bulls were passed by the Boston Celtics, but with 18% growth, Reinsdorf surely isn't complaining. Reinsdorf bought stake in the team for $9.2 million in 1985, the year after the Bulls drafted Michael Jordan. Now 38 years later, the Bulls are one of the most iconic franchises in sports with six championships in that time.

As of late, both the Bulls and Reinsdorf's other team, the Chicago White Sox, have struggled to find success on the field. Many fans of both teams have called for him to sell the franchises, and they've often done so in public settings.

However, Reinsdorf has specifically stated that he plans to maintain ownership of the White Sox, so it would be surprising if his stance differed regarding the Bulls. Reinsdorf has even gone as far as buying additional real estate, his occupation before owning sports teams, near the United Center on Chicago's West Side.

There are rumors and speculation that after Reinsdorf, 87, eventually passes on, the family is more likely to sell the White Sox stake than the Bulls. According to Forbes, Reinsdorf only owns 19% of the White Sox but has 40% of the Bulls. Michael, Jerry's son, is an active member of the Bulls organization.