“Michael Jordan gifted his red Ferrari to Scottie Pippen while getting an earring with a diamond-encrusted replica of the NBA trophy in return from the latter”: The former Bulls teammates set the standard when it came to gifting in the Christmas of 1997

The Christmas of 1997 had former Bulls teammates Michael Jordan and Scottie Pippen exchange extravagant gifts that included a diamond earring and a Ferrari. The Chicago Bulls dominated the NBA from the late 80s till 1998. The team has several…