Jerry Reinsdorf, owner of the Chicago Bulls and the Chicago White Sox, was honored Wednesday, May 22 by Street & Smith’s Sports Business Journal and Sports Business Daily when they presented him with their Lifetime Achievement Award in a ceremony in New York.
Reinsdorf was lauded for a plethora of accomplishments, including his profound impact on sports, his philanthropic efforts, his leadership at the highest levels of the baseball hierarchy, his deep and lasting commitment to community service and his immensely successful franchise ownership in MLB and the NBA. Additionally, Reinsdorf has been instrumental in the promotion of minority representation in sports.
During Reinsdorf’s 32 years of franchise ownership, both the Chicago Bulls and Chicago White Sox have been consistently successful. The Bulls have won six NBA championships, selling out the United Center for 13 consecutive years, and the White Sox have won five division titles, including the 2005 World Series.
Chicago Bulls VP of Basketball Operations John Paxson, who played nine years for the organization, reportedly said of Reinsdorf, “If he believes in you and trusts you, he is willing to give you a chance. You never want to let that type of person down”.
Reinsdorf was presented with his Lifetime Achievement Award by ESPN Chairman George Bodenheimer. Also attending the ceremony were Reinsdorf’s family and NBA notables, including Paxson and NBA Commissioner David Stern.
Previous recipients of the Sports Business Journal and Sports Business Daily Lifetime Achievement Award have included NFL Commissioner Paul Tagliabue in 2012, tennis champion and women’s sports pioneer Billie Jean King in 2011, and sports business executive Peter Ueberroth in 2009.
Hollie M. Woods is a writer for Rant Sports covering the Chicago Bulls and the NBA. “Like” her on Facebook.