Claim: Dwayne Wade played for an NBA team.

The Chicago Bulls are an American professional basketball team based in Chicago , Illinois . The Bulls compete in the National Basketball Association -LRB- NBA -RRB- as a member of the league 's Eastern Conference Central Division . The team was founded on January 16 , 1966 . The team plays its home games at the United Center , an arena shared with the Chicago Blackhawks of the National Hockey League -LRB- NHL -RRB- . 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 72 games during the 1995 -- 96 NBA season , setting an NBA record that stood until the Golden State Warriors won 73 games during the 2015 -- 16 NBA season . The Bulls 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 2015 -- 16 Warriors . 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 Detroit Pistons , New York Knicks , and the Miami Heat . The Bulls ' rivalry with the Pistons was highlighted heavily during the late 1980s and early 1990s .