There’s a new future in store for Michael Jordan’s longtime Chicago-area mansion.

The basketball icon’s expansive Highland Park property has been on the market for over ten years and is now being transformed into a high-end timeshare after being sold for a significantly lower amount than its original price, as per a recent news release.

Real estate investor John Cooper snagged the 32,000-square-foot property, aptly named Champions Point, for $9.5 million in December 2024.

Originally listed at a staggering $29 million back in 2012, the property is now being divided into weeklong stays that start at $1 million each, in addition to a 2% share of annual expenses, totaling around $25,000 per co-owner.

“This presents a chance to possess a piece of history and unite sports fans through a distinctive co-ownership concept,” remarked Cooper in an official statement.

The mansion is tucked away on 7.39 acres about an hour north of Chicago. The property boasts nine bedrooms, 19 bathrooms and enough space to comfortably host 20 guests.

But it’s the jaw-dropping amenities that steal the show — a regulation-size basketball court, an infinity pool, a putting green, a tennis court, a home theater, and even a cigar lounge decked out with a humidor and leather poker tables.

Co-owners can pay extra to throw lavish events — think: weddings, holiday blowouts or black-tie charity galas.

Want a private chef or luxury transportation? That’ll cost an additional fee as well.

Cooper says he plans to honor the estate’s original design while giving it a modern twist.

“Our goal is to create a shared experience where co-owners can enjoy unparalleled amenities and also the sense of connection and community that comes with it,” he said.

“By preserving the property’s original design while integrating modern technology, we’re ensuring that Champions Point continues to be a place where extraordinary memories are made for years to come.”

But owning a slice of MJ’s legacy comes with strings attached.

Buyers can only purchase one share per week (though they can bid on multiple weeks) and must sign a non-disclosure agreement.

Owners are free to sell their shares in the future, making this not just a vacation but potentially a lucrative investment.