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UPDATE, NOW WITH PHOTOS: While everyone's attention is focused on the supposed 'King' the greatest basketball player of all time has a plush new $12.4 million home. Michael Jordan just bought a mansion in 'The Bears Club', developed by Jack Nicklaus, in Jupiter, Florida.
Jordan reportedly paid $4.8 million for the land, and another $7.6 million for construction of the home. The mansion has 11 bedrooms, a guard-house, a media center, and of course, a basketball court.
The Bears Club is comprised of 55 residences which start at $4 million and can go for as much as $20 million.
Read more: http://www.businessinsider.com/house-of-the-day-check-out-michael-jordans-awesome-new-mansion-2010-12#ixzz1UPGVY9Ru