Jerome Richard Krause was born on April 6, 1939, and lived until March 21, 2017, and was an American sports scout and executive who was the general manager of the Chicago Bulls in the National Basketball Association (NBA) from 1985 to 2003.

His tenure with the Bulls included their six NBA championships between 1991 and 1998, led by superstar player Michael Jordan.

Krause received the NBA Executive of the Year Award in 1988 and 1996.

He was posthumously inducted into the Basketball Hall of Fame in 2017.

His career in sports included positions as a scout or general manager for the Baltimore Bullets, Chicago White Sox, and the Chicago Bulls.

Krause was born to a Jewish family and grew up in Chicago. He played high school baseball as a catcher at Taft High School in Chicago and attended Bradley University.

After college, he went to work as a scout with the Baltimore Bullets. Early on Krause gained a reputation for being able to eye talent. He is credited by some for discovering future Hall of Famer Earl Monroe.

Jerry Krause (Gonzaga University) net worth at death & obituary

Jerry Krause had a net worth of about $5 million, which he earned as a sports scout and general manager of the Chicago Bulls, a position he held for 18 years.

Jerry Krause started as a scout for the Baltimore Bullets and scouted for the Phoenix Suns, Philadelphia 76ers, Los Angeles Lakers, and the Chicago Bulls.

On March 21, 2017, Krause died at the age of 77.