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The Chicago Bulls are an American professional basketball team based in Chicago, Illinois. The Bulls compete in the National Basketball Association (NBA) as a member team of the league's Eastern Conference Central Division. The team was founded on January 16, 1966. The team play their home games at the United Center, an arena shared with the Chicago Blackhawks of the National Hockey League (NHL). The Bulls saw their greatest success during the 1990s. They are known for having one of the NBA's greatest dynasties, winning six NBA championships between 1991 and 1998 with two three-peats. All six championship teams were led by Hall of Famers Michael Jordan, Scottie Pippen and coach Phil Jackson. The Bulls are the only NBA franchise to win multiple championships and never lose an NBA Finals series in their history.
The Bulls won an NBA record-72 games during the 1995–96 NBA season; they were the first team in NBA history to win 70 games or more in a single season, and the only NBA franchise to do so until the Golden State Warriors duplicated the feat during the 2015-2016 season. Many experts and analysts consider the 1996 Bulls to be one of the greatest teams in NBA history. As of 2016, the Bulls are the third most valuable NBA franchise according to Forbes, with an estimated value of $2.3 billion, earning approximately $67.6 million in operating income from the 2015–16 NBA season. Michael Jordan and Derrick Rose have both won the NBA Most Valuable Player Award while playing for the Bulls, for a total of six MVP awards.
The Bulls share rivalries with the Milwaukee Bucks, Detroit Pistons, New York Knicks, and more recently the Indiana Pacers, Miami Heat, and Cleveland Cavaliers. The Bulls-Pistons rivalry was highlighted heavily during the late 1980s and early 1990s.