Reinsdorf Asks Bulls Fans to Be Patient

Jerry Reinsdorf, who heads the new ownership group of the Chicago Bulls, said Wednesday his group will produce a winner but cannot produce any miracles that will give the team an instant NBA championship.

Reinsdorf, the Chicago White Sox board chairman who heads a 23-member group that purchased the Bulls for an estimated $9.2 million, held a news conference to introduce the new owners, 14 of whom are also investors in the White Sox.

“We’re not in this for miracles,” Reinsdorf said. “Even the Russians have five-year plans.

“We’re not going to do this overnight. This franchise has been here a long time. We just ask to be given a little time.”

Eddie Einhorn, co-owner of the White Sox who also owns a USFL football team, will be a member of the Bulls’ board of directors and also handle television and radio contracts for Bulls’ games.

Einhorn said he is confident the ownership group can turn the Bulls into a winning organization, using the same type of techniques that helped the White Sox become serious contenders in the American League.

“I think under Jerry’s direction and this group we’ve assembled, you can count on the same type of upfeeling we tried to create with the White Sox,” Einhorn said. “It’s going to be the same thing.”

Reinsdorf said the new owners will have the same commitment toward building a winning organization, as did the owners of the White Sox.

“We’re certainly not going to make a promise we’re going to win the NBA championship next year,” Reinsdorf said. “But I think when Eddie and I got involved in White Sox we committed ourselves to building a winning organization, and that’s the only commitment I can make.