The Chicago Bulls will host the NBA All-Star Game in 2020, the league officially announced at a press conference Friday.

The announcement featured numerous dignitaries, including Chicago Mayor Rahm Emanuel, NBA Commissioner Adam Silver, and Bulls President and COO Michael Reinsdorf.

"It will be the epicenter of basketball around the world," Silver said in his remarks. "He (Mayor Emanuel) called regularly, and was very enthusiastic about bringing the game here. We look forward to being here."

2020 will mark the first time that the team has hosted the All-Star Game since 1988, when Michael Jordan won MVP honors in front of a packed house at the Chicago Stadium.