The earnings, net worth and salary of Michael Jordan, a true NBA icon and always considered one of the richest athletes of all time.
How much does Michael Jordan earn? A more than legitimate question given that the estimate of his net worth would make him, according to some sources, the richest athlete ever.
Michael Jordan is much more than a former basketball player, but an authentic icon - also commercial - of the entire NBA.
Michael Jordan is in fact considered one of the greatest basketball players of all time. Born on February 17, 1963 in Brooklyn, New York, he entered the legend above all for his career with the Chicago Bulls.
Jordan won 6 NBA titles with the Chicago Bulls, conquering the title of MVP of the finals in each of them. He was also 5 times MVP of the regular season, proving to be the basketball player capable of scoring more points than anyone else for 10 seasons, showing an extraordinary offensive dominance. To frame this extraordinary career there are also the two Olympics won with the Dream Team.
In the world of basketball he is a legend: how much does Michael Jordan earn is a simple question but with a complex and layered answer. The assets of the former star of the Chicago Bulls are among the richest ever in the world of basketball and sports and the name Michael Jordan is a brand in every way.
Sporting successes but also economic and commercial, given that his Air Jordan brand, in collaboration with Nike, is one of the most iconic and successful in the history of sneakers.
Let’s see how much Michael Jordan’s net worth is, taking a look at his salary and his present and past earnings.
Michael Jordan’s Net Worth
Michael Jordan earned a lot during his extraordinary career in the NBA, but he has seen his net worth grow significantly even after he stopped playing.
According to Forbes, to date, Michael Jordan’s net worth is estimated at 3.5 billion dollars, with the famous American magazine placing him at 1,016th place in the ranking of the richest people in the world.
Last year, Forbes indicated Jordan’s net worth at 2 billion dollars, a sign of how the former basketball player has significantly increased his bank account during the last few months.
Let’s see in detail where Michael Jordan’s lavish earnings come from.
Michael Jordan’s Earnings
The reason for the surge in Michael Jordan’s net worth is easy to explain: the former basketball star sold a good portion of his shares in the NBA franchise Charlotte Hornets in 2023.
Thanks to this sale, he would have earned around 3 billion dollars, while still maintaining a minority stake in the team.
Jordan was earning well even before selling many shares of the Charlotte Hornets. In fact, the Air Jordan brand was valued at 6.4 billion dollars in 2024, thus entering the ranking of the top 100 global brands: in 2022 alone, it earned around 255 million dollars in royalties.
The champion is a co-owner of the 23XI Racing team in the NASCAR Cup Series and has invested in several business ventures including a venture capital fund focused on sports and the sports betting company DraftKings.
He also makes a lot of money from sponsors. In 1984, Michael Jordan signed a five-year deal with Nike, earning $500,000 per year plus royalties, but as of 2022, he has earned a total of $1.3 billion from the famous company.
In addition to Nike, the former basketball player has collaborated with brands such as Coca-Cola and McDonald’s, amassing another $500 million in total.
In addition to his business ventures, Jordan owns luxury assets such as a Gulfstream G650ER private jet worth approximately $65 million, customized with the Air Jordan logo.
Michael Jordan’s Salaries
During his stellar basketball career, Michael Jordan earned a total of approximately $93.8 million in salaries.
In 1984 - the year he made his debut with the Chicago Bulls - Jordan earned a salary of $550,000, but his salary quickly increased.
His biggest paycheck came in 1997 when he received a salary of $33 million, an all-time NBA record at the time.
When he returned to the Washington Wizards in 2001 after retiring three years earlier, he earned $1 million per season for the last two years of his career.
Original article published on Money.it Italy. Original title: Il patrimonio di Michael Jordan, ecco lo stipendio dell’ex stella NBA
