Early Life and Background

Jerry Krause was born on January 21, 1939, in Chicago, Illinois. He grew up with a passion for basketball and dreamed of one day working in the NBA.

Career in the NBA

Jerry Krause began his career in the NBA as a scout for the Baltimore Bullets in 1961. He quickly rose through the ranks and eventually became the general manager of the Chicago Bulls in 1985. Krause is widely credited with building the team that won six NBA championships in the 1990s, led by Michael Jordan.

Accomplishments as a General Manager

During his tenure with the Bulls, Krause was known for his keen eye for talent and his ability to make savvy trades and draft picks. He was instrumental in bringing players like Scottie Pippen, Horace Grant, and Toni Kukoc to the team, all of whom played key roles in the Bulls' success.

Controversies and Criticisms

Despite his success with the Bulls, Jerry Krause was often criticized for his abrasive personality and strained relationships with players and coaches. His infamous quote "organizations win championships" caused tension with Michael Jordan and other members of the team.

Later Years and Legacy

After leaving the Bulls in 2003, Jerry Krause continued to work as a consultant for various NBA teams. He passed away on March 21, 2017, at the age of 78. Despite his controversies, Krause's impact on the NBA is undeniable, as he helped build one of the greatest dynasties in sports history.

Net Worth

At the time of his passing, Jerry Krause's net worth was estimated to be around $10 million. His success with the Bulls and contributions to the NBA undoubtedly played a significant role in accumulating his wealth.

In conclusion, Jerry Krause will always be remembered as a legendary figure in the world of basketball. His vision, leadership, and determination helped shape one of the greatest teams in NBA history. Though he may have had his flaws, there is no denying his impact on the sport and his lasting legacy within the basketball community.