Michael Jordan has re-listed his 7 acre estate for $16 million ... after it failed to sell at a recent auction, where the minimum bid was $13 million. According to TMZ MJ initially tried to sell the house back in 2012 for $29 mil ... but slashed the price to $21 mil when no one bit ... then reduced it to $13 mil for the auction ... then called off the auction when no one placed a bid. Well it seems to me that MJ sucks at real estate. Lol
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