Considered a legend in basketball, it turns out that most of Michael Jordan’s income does not come from his NBA career.
It is estimated that, of Michael Jordan’s fortune worth up to £1.2 billion, the basketball legend “only” earned around £64 million in salary during his time playing for the Chicago Bulls, Miami Heat and Washington Wizards.
In fact, it was his non-sports investments that helped Michael Jordan make a fortune. Among them were a series of lucrative advertising contracts from big names like Nike, Hanes, Gatorade and Upper Deck.
Of course, Michael Jordan has also proven himself irresistible. In his first four years with Nike, the NBA legend helped the company reach a revenue milestone of £90 million from Air Jordans alone.
Michael Jordan has always been a very popular advertising face.
In addition, Michael Jordan has also demonstrated his business talent by investing in restaurants and cars. The basketball legend also owns a majority stake in the Charlotte Hornets and is trying to bring the team to the NBA.
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