November 22, 2024 07:00 AM

Michael Jordan Net Worth: How Much Is Former Chicago Red Bulls Player?

Michael Jordan Net Worth - Since retiring from the game of basketball, little has been heard from Michael Jordan. He is however still earning quite a lot despite not being in ball game. In fact, last 2013 reports has it that Jordan earned a whopping $90 million. So how much exactly is Jordan worth?

According to Celebrity Net Worth, Michael Jordan's net worth is at $1 billion. The basketball player has amassed much of his wealth from his deals and winning games from the NBA. Jordan was part of the Chicago Red Bulls wherein he earned $30 million a year from 1996 to 1998. Throughout his career, Jordan has won five times for the title of NBA Most Valuable Player, 14 times as NBA All-Star, six times as NBA champion, and six times as NBA Finals MVP.

While he has not played for more than a decade, Jordan reportedly earns $100 million in a year thanks to his business ventures. From Nike brand alone, an amount of $60 million is added per year to Michael Jordan's net worth. Adding to his endorsements and business ventures with Nike, Jordan has been a spokesman for Gatorade, McDonalds, Wheaties, Ball Park Franks, Chevrolet, Coca-Cola, MCI, and Hanes.

Even with Kevin Durant still in the game, Michael Jordan's net worth from his endorsement deals still makes him the number one richest athlete endorser. This report according to the International Business Times.

Michael Jordan's net worth was affected in 2002 after his messy divorce with Juanita Jordan. The former Bulls player had to pay Juanita $168 million for the settlement. This was named one of the most expensive divorce settlements in the history of celebrity divorces.

Forbes has named Jordan as one of the richest athletes as well. This isn't the least bit surprising now that Michael Jordan's net worth is at billions. He's the latest athlete to join the billionaire club.

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Michael jordan, Nba
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