I am not sure why someone would spend millions of bucks on a property and then turn around and try to rent it out, but hey, that's a story for a different time.

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NBC 5 in Chicago reports that the owner, John Cooper, is now renting out Michael Jordan's former 37,000-square-foot Highland Park mansion to the public.

A rental fit for a champion

Just last month, Cooper tried to get people to co-own his Airness' former pad by offering the public the opportunity to purchase shares of the home for a measly million bucks.

I'm not in the realty business, but I don't think I've ever heard of someone trying to sell stock in a home. Maybe that's just me.

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I've heard of timeshares before, but this doesn't sound like the same deal.

Michael Jordan's former home has a new name

Cooper has renamed Jordan's former pad "Champions Point," if you want to stay where the former NBA great laid his head, you can, but you better be a baller.

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Because Cooper is asking for nearly a quarter million dollars to rent the place monthly, $230,000.

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According to the listing, this nine-bedroom home is loaded to the gills and is perfect for events, entering, or hosting a "High-level business retreat."

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Love college hoops? You should rent out this home

Most importantly, they want to rent it out to people who want to "elevate their game-day experience like never before," hyping up this place as THE place to get your March Madness on.

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Whether or not Cooper finds someone willing to fork over the amount he's asking remains to be seen.

One thing is sure: if you want to "Be Like Mike," you better have some deep pockets.

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Gallery Credit: Coldwell Banker Realty

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