Michael Jordan
Overview
- Source of Wealth
- Charlotte Hornets, endorsements
- Industry
- Sports
- Residence
- Jupiter, Florida
- Education
- University of North Carolina, Chapel Hill (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 5
Biography
Regarded by many as the NBA's greatest player of all-time, Michael Jordan won six titles with the Chicago Bulls.
His salary during his career totaled $90 million, but he has earned $2.4 billion (pre-tax) from such corporate partners as Nike, Hanes and Gatorade.
MJ joined sports-betting firm DraftKings as a special advisor to the board and an investor in September 2020.
He also became a NASCAR team co-owner in 2020.
Jordan sold his majority ownership of the Charlotte Hornets NBA team in 2023 but reportedly retained a minority stake in the franchise.
About
Jordan was the NBA's highest-paid player only two seasons during his 15-year playing career.
Jordan's first contract with Nike, signed in 1984, was worth $500,000 per year, plus royalties. Nike now pays nearly $300 million per year.