Travis Scott had permission from the GOAT to shoot visuals for his newest track ... getting a personal blessing from Michael Jordan to make it happen at his famous Illinois mansion!!!
Cactus Jack just dropped his new hit, "FRANCHISE," with Young Thug and M.I.A. this week ... and His Airness' Highland Park home is heavily featured in the music video.
TMZ Sports has learned ... 29-year-old Travis -- who takes pride in his creativity -- thought the NBA legend's $14.