Michael Jordan Refuses to Budge on His $14 Million Asking Price Despite Market Pressure. Here’s Why.

Michael Jordan’s Highland Park estate once symbolized the retired shooting guard’s achievements as one of the greatest players in NBA history. But today, the home sits unoccupied on the real estate market with Jordan unwilling to lower the asking price or remove the customizations that made it uniquely his home.& & NASHVILLE, TN – JUNE 25: Michael Jordan, co-owner of 23xi racing and NBA legend watching the action on pit road during qualfying for the 2nd annual Ally 400 on June 25, 2022 at Nashville SuperSpeedway in Nashville, TN. (Photo by Jeff Robinson/Icon Sportswire via Getty Images) “The person who buys the home is not buying it just to have a big house but is buying it really for bragging rights and for the legacy that Michael Jordan built with the property,” real estate agent Kofi Nartey told The Wall Street Journal.& Jordan, worth a reported $3.2 billion, placed the estate on the market in 2012 for $29 million. And despite several wealthy fans showing interest in the property, there have been no takers. The Highland Park estate is listed at $14.8 million, about a 50 percent difference from Jordan’s initial asking price.& Throughout the years, Jordan’s team has developed...