TIME TO SELL

Almost fifteen years of data (2011-2024) exposing how Jerry Reinsdorf squandered a once-proud franchise and betrayed the most loyal fanbase in basketball

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01 — Calculated Mediocrity

Too Cheap to Win, Too Careful to Tank

When spending drops, winning drops. It's not incompetence—it's penny pinching.

Win Percentage
Spending Rank
Source: Spotrac NBA Cap Space, Team Records
.440
Bulls Win% Since 2015
349-444 record from 2015-2024. Consistently mediocre.
10 Years
No Playoff Series Win
Last playoff series victory: 2015 vs Milwaukee Bucks. A full decade of futility.
2017-19
The "Rebuild" Era
27-55, 22-60, 22-43. Three straight losing seasons while ranking 2nd, 8th, 3rd-lowest in spending.
0/3
Play-In Regulars (2023-25)
3 straight years in the play-in tournament. 3 straight losses. Never advanced to the actual playoffs.
02 — The Betrayal

Fans Show Up, Reinsdorf Doesn't

#1 in attendance 11 of 14 years. Bottom-half spending every year. He fills the arena and pockets the profit.

Attendance Rank
Spending Rank

Note: 2020 attendance severely impacted by COVID-19 pandemic (limited capacity)

#1
11 Years Leading the NBA
From 2011-2024, Bulls fans consistently sell out United Center despite 26 years without a championship.
2017
The Ultimate Betrayal
#1 in attendance, #29 in spending. Only 1 team spent less. Fans showed up, Reinsdorf didn't. Missed playoffs.
13/14
Years in Top 3 Attendance
The most loyal fanbase in basketball, clinging to 1990s glory. They deserve ownership willing to compete for championships.
7th
Most Expensive in NBA
Adding insult to injury, the Bulls are the 7th most expensive NBA game to attend considering ticket prices, cost of beer/soda, and parking (per Bookies.com).

Your Money Speaks

Bulls lead the NBA in attendance. Reinsdorf responds with bottom-tier spending. Stop buying tickets. Stop buying merch. Empty seats are the only language he understands.

03 — The Winners' Circle

Bulls vs. Championship Teams

The gap between Bulls payroll and champions tells the whole story.

Bulls Payroll
Champion/Playoff Avg Payroll
$115M
Bulls Average Payroll (2011-2024)
Consistently below champions and playoff teams throughout the post-Jordan era.
#17
Bulls League-Wide Rank
17th-highest spender out of 30 teams (2011-2024 avg). Bottom half of the league.
$28M
Gap Below Champions
Bulls spend $28M less per year than championship teams on average (2011-2024).
$64M
Gap vs 2021 Warriors
Warriors spent $199M to win the title. Bulls spent $135M and missed playoffs.
04 — Unwilling to Pay

The Price of Winning

3 years of luxury tax in 15 seasons. Reinsdorf won't pay what winning costs.

Bulls
Playoff Teams Avg
Champions

Note: Spending doesn't guarantee wins. But Bulls are cheap AND losing.

$43M
Bulls Total Tax (2011-2025)
Over 15 years, Bulls paid luxury tax just 3 seasons: 2011, 2012, 2015.
9/14
Champions Who Paid Tax
64% of champions (2011-2024) paid luxury tax. Bulls pay tax 20% of the time.
$295M
Lakers Tax (2011-2025)
Lakers won a championship. Large market comparison: Lakers $295M, Knicks $137M. Bulls: $43M.
$170M
Warriors 2021 Tax
Year they won championship. Nearly 4x Bulls' entire 15-year total.

He Won't Pay to Win

Champions pay luxury tax 64% of the time. Bulls? 20%. The Warriors paid $170M in tax to win a ring—4x the Bulls' 15-year total. Jerry has the money. He chooses not to compete.

05 — 26 Years of Calculated Mediocrity

The Post-Jordan Era

From dynasty to disaster: How Reinsdorf turned a global brand into a cautionary tale

1998

The Dynasty Dies

Bulls win their 6th championship. Instead of running it back, Reinsdorf breaks up the team to avoid paying his stars.

"Jerry Reinsdorf broke up the Bulls because he didn't want to pay anybody. The notion that Jerry Krause broke up the Bulls is asinine and absurd."

Charles Barkley, 2020

1999-2004

The Wilderness Years

Five straight losing seasons after dynasty ends. Combined record: 105-305 (.256 win%). Includes worst season in franchise history: 17-65 in 1999-2000.

2003-2020

The GarPax Era

John Paxson and Gar Forman oversee 17 years of dysfunction, bad trades, and toxic culture.

2020-Present

New Boss, Same As The Old Boss

Arturas Karnisovas hired as savior. Five years later: 196-205 record, one playoff appearance, three straight play-in losses. Everyone gets extended in secret anyway.

The Pattern: Fail for 5 years. Extend everyone in secret. No accountability. No transparency. No championships.

2024-2025

The CHSN Money Grab

Reinsdorf co-launches Chicago Sports Network to replace NBC Sports Chicago. Promises fans free access via antenna to "reimagine" regional sports coverage. Eight months later, kills free broadcasts for Comcast payday.

New Revenue Stream: While spending bottom-half on roster, Reinsdorf adds another way to monetize fans. Promise accessibility, then paywall it.

06 — The Philosophy

Mediocrity By Design

The pattern isn't incompetence—it's deliberate. The data proves it goes beyond any single GM or coach. It won't change until he sells.

"I think the important thing to fans is, while they want you to win championships, they want to know that when they get down to the last month of the season, you still have a shot. You're still playing meaningful games. If you can do that consistently, you'll make your fans happy."

Jerry Reinsdorf, 2023

After another trade deadline of inaction, a Bulls executive explained to a reporter why the team refuses to rebuild:

"'Your fans,' the executive countered... The Bulls fans the executive was referencing are paying customers... That exchange, albeit brief, provided tremendous insight into the minds that make up the Bulls' management."

Darnell Mayberry, The Athletic, February 2024

Translation: The paying customers who fill United Center don't care about championships or rebuilds—they'll buy tickets regardless. So why bother competing? Spend just enough to stay "relevant," keep fans "happy" with mediocrity, and maximize profit. Repeat for 26 years.

26 Years. Zero Rings.

Dynasty broken up to save money. Seventeen years of GarPax. Five years of AKME mediocrity rewarded with secret extensions. This is calculated failure. #1 in attendance, bottom-half in spending. Don't renew season tickets. Don't buy jerseys. Until he sells.