NBA legend Michael Jordan now has a net worth of $3 billion, according to Forbes. Jordan sold his majority stake in the Charlotte Hornets in August. The Chicago Bulls icon is the first professional athlete to rank among America’s 400 wealthiest people.
“Across his 15 NBA seasons, he hauled in $94 million and was the league’s highest-paid player in 1997 and 1998,” Justin Birnbaum of Forbes wrote. “But it was off the court where Jordan put serious air between himself and every other athlete on the planet, earning an estimated $2.4 billion (pre-tax) over his career with brands such as McDonald’s, Gatorade, Hanes and, of course, Nike, where his most recent yearly royalty check was for some $260 million.
“Jordan had his biggest score in August, though, when he sold his majority stake in the Charlotte Hornets at an eye-watering $3 billion valuation. Even if he had sold at Forbes’ most recent valuation, an estimated $1.7 billion in 2022, it would have been a coup for the 60-year-old Hall of Famer. Instead, the 27th most valuable franchise in the NBA traded hands for the second-highest sale price in league history and nearly 17 times its value when Jordan became principal owner in 2010. That places him in rare air. With an estimated net worth of $3 billion, Jordan has arrived on The Forbes 400, marking the first time a professional athlete has ranked among America’s wealthiest individuals.”
NBA NEWS & RUMORS: Michael Jordan Updates
Jordan is universally recognized as the greatest player in NBA history. He won six championships, six Finals MVPs, five regular-season MVPs and 10 scoring titles with the Bulls in the ’90s. Jordan’s Bulls went 6-0 in the Finals and three-peated twice.
Jordan averaged 30.1 points, 6.2 rebounds and 5.3 assists during his career with the Bulls and Washington Wizards. MJ made 14 All-Star teams, 11 All-NBA teams and nine All-Defensive teams. Jordan is one of three players in NBA history to win MVP and Defensive Player of the Year in the same season.
NBA NEWS & RUMORS: Michael Jordan Updates
A Hall of Famer, Jordan is fifth in NBA history in points, first in points per game, third in steals and first in player efficiency rating. He holds the record for the most points scored in a playoff game (63).
Want the latest NBA analysis, breaking news, and insider information? Click Here. Follow NBA Analysis Network on Twitter and Facebook.
Interested in reading the latest storylines and analysis in the NFL? Check out our partner NFL Analysis Network.
