Tuesday, October 03, 2023

Michael Jordan is Worth $3 Billion


Retired NBA player Michael Jordan becomes the first athlete ranked among America's wealthiest people on the Forbes 400 list...

From Forbes
Since Michael Jordan stepped onto an NBA court for the first time in 1984, earning an outsized payday has been a layup. Across his 15 NBA seasons, he hauled in $94 million and was the league’s highest-paid player in 1997 and 1998. 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.

17 comments:

Anonymous said...

Good for him.

Anonymous said...

I wanna Be Like Mike 🥲

COOLKID said...

Like Mike, if I could be like Mike! The Greatest of All Times!

Anonymous said...

He should wake up and say thank you momma every day.

Anonymous said...

Anyone else see the Oprah where Michael’s sister said he cut her off because she accused their daddy of raping her? It's one of those stories that seems to have gotten lost.

Anonymous said...

BLESSED!!!

Anonymous said...

👀👀

Anonymous said...

He should be worth that much considering how much money other people have made off of him.

Anonymous said...

@1040. Whether she’s telling the truth or not, Jordan may have put her back on the payroll and brought her back into the fold to keep a lid on her story.

Anonymous said...

10:40 PM, He allegedly used his connections to stop her book from being published in order to protect their mother from scrutiny and shame.

Anonymous said...

He's made multi-millions by selling overpriced shoes to Black people in poor/working class neighborhoods, some of whom were killed for them. Now how much of these billions has he given back to that same community that's tangible and useful? And I don't wanna hear nothing about he could've given quietly or secretly because he was loud and proud with the Boys & Girls Club donations.

Anonymous said...

Yeah, Blk community means nothing to him. Unfortunate but this is all his

Anonymous said...

Why would he care about Black people that proudly and willingly throw money at and kill over his products made of cheap materials in overseas factories? Those dumbmies don't have enough sense to boycott or make demands for something that might benefit them. Demand a distribution center, factory, or packaging plant in or near your communities. Why continue to give where there are no real tangible gains? His is not the only shoe company in town.

Anonymous said...

I’m 10:40. Thanks for telling me I’m not crazy. I knew I heard that and it was all hushed up. Michael Jordan is satan.

Blank said...
This comment has been removed by the author.
Shafrika Lights said...

I hope he gives nothing to his son who's dating that hag. He's a damn disappointment.

Anonymous said...

Ben “Benji” Wilson lost his life and Jordan gained a lot in this life but in the afterlife…. RIP Benji

Post a Comment

Commenting Rules: Please watch your language. Disguise curse words if you must use them and do not threaten or attack other commenters.

Comments violating the rules will be deleted.