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Jerry Reinsdorf

Give ex-con Mickey Segal back his stake in the Chicago Bulls, court says

Give ex-con Mickey Segal back his stake in the Chicago Bulls, court says

He may be a convicted fraudster and racketeer. But that doesn't mean politically connected ex-con Mickey Segal shouldn't have a bigger stake in one of the city's most storied sports franchises.

That's the finding of the 7th U.S. Circuit Court of Appeals, which has ordered the government to sell Segal back the minority stake in the Chicago Bulls that it seized from him.

And Segal, 73, says he's paid his dues and "absolutely" intends to take advantage of that right.

Segal — who served 8 years in prison for looting his insurance company's trust fund to subsidize a lavish lifestyle — in 2013 gave up half of his 1.7 percent stake in the Bulls to the...

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