There is no doubt that Michael Jordan is one of the greatest NBA players who have ever stepped foot on the court. However, aside from his talents on the court, he shines in the business aspect of things as well. Recently, a reputed journalist revealed the “impressive” sponsor money the Jordan and Denny Hamlin co-owned team was pulling this year. Considering it has only been three years since the Bubba Wallace starrer team stepped into the sport, things look pretty good from the finance side of things.

In a Twitter post, that had Wallace’s picture, journalist Adam Stern mentioned, “@23XIRacing has around $30 million in sponsor revenue for this year, a fairly impressive haul for a third-year NASCAR team.“

The 23XI Racing team is still a fresh venture. However, looking at their finances within their three years of existence, things look strong for the future. Now that they are secure from the monetary aspect, all they need to work towards is the racing side of things.

NASCAR Fans Crack up as Bubba Wallace Mocks Best Friend Ryan Blaney’s Technological Incompetence

They require results at this point in time. Throughout their existence, Bubba Wallace has never made it to the playoffs. It was their other driver, Kurt Busch, who, with his win at Kansas Speedway, earned a spot in the 2022 playoffs. But, after his retirement from full-time racing, the responsibility now falls on the new intake; Tyler Reddick.

NASCAR fans react to Michael Jordan’s team’s sponsor revenue

Following the news of 23XI Racing’s sponsor value, fans took to social media to express their thoughts on the matter. Fans displayed a sense of mixed reactions. Some support the team and Bubba Wallace for the impressive $30 million number. Meanwhile, others criticized the poor performance of the team despite having a relatively high cash flow.

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WATCH THIS STORY: “That’s Just Not Me” – Bubba Wallace Provides Fresh Details on His First Interaction With Michael Jordan

The season opener saw Wallace in good form. However, a wreck ruined his day. Not just that, but the Daytona 500 did not end well for him and his team. Even the team’s new promising candidate, Tyler Reddick, found himself in the middle of a major wreck. But once again, that was just the Daytona 500. There is an entire season’s worth of racing ahead. We hope that with all these funds being injected into the team, they can propel themselves into some degree of success.