Jordan Signs New Bulls Pact

CHICAGO — Michael Jordan, the frequent-flying guard who helped revive basketball in the Windy City, signed a new contract today with the Chicago Bulls that will reportedly pay him $25 million over the next eight years.

Neither Jordan nor team officials would disclose the monetary terms of the deal, which was reported by the Chicago Sun-Times, but General Manager Jerry Krause said: “Michael is among the highest-paid players in the history of professional basketball.”