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‘The Last Dance’ Star Michael Jordan, Who Invested in Billion Dollar Company Chevrolet, Made a $6K Car Rise to Stardom

Published 07/09/2022, 6:30 PM EDT

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Michael Jordan is a name that has an impact and utmost importance all over the world. He has made an influence over the sporting world that has transcended to more than just sports. His NBA career of 15 years where he won everything possible and that too multiple times made him one of the best to ever lace up the boots.

Jordan won 6 NBA championships, 5 MVPs, and 6 Finals MVPs. If not that, his way of playing the game and his mentality made all the change for people. He is an inspiration for all generations.

So when a personality like Michael Jordan associates himself with a brand, it automatically increases its value. When Nike signed with Michael Jordan, the company was on the low. And even when Michael was a rookie, they knew what the future held for them. Jordan is a car enthusiast and his collection of luxurious cars is obviously unmatchable.

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But among all the amazing cars, Jordan is a big Corvette fan. Chevrolet is truly lucky and happy that he is. When Michael started his career in the NBA, the value of the Corvette was just $6,000. But after 1984, that changed. The car prices started from $6,000 when Chevrolet launched the C4 Corvette.

WATCH THIS STORY: 5 surprising things owned by Michael Jordan.

Over the years, Jordan rose to stardom and so did the value of Corvette. Jordan’s love for the car made it a desirable model. With all the variations in later models, Chevrolet launched the C4 Corvette, and the price of the car went up to around $24,000. The association with Jordan increased its value by 4 times.

The impact of Michael Jordan is unmatched, Chevrolet’s Corvettes are an example

Jordan has driven a number of Corvettes over the years. These include multiple C4 and C4 ZR1s. All his cars make an appearance in The Last Dance, a documentary that gave us an inside view into Michael Jordan’s lavish life. He also owns a black C5. One of the more entertaining scenes from the series shows Jordan stopping his Torch Red 1994 ZR1 in the middle of the road to sign a kid’s ball before taking off in a spirited fashion.

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All this was just moments from his life that show his love for cars. Moreover, Chevrolet is a company in which he had also invested. Jordan had a net $200,000 investment early in his career.

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American Tennis Icon Andre Agassi’s Unheard Connection With Michael Jordan’s NBA Return in 1995

After his first retirement in 1993, Jordan played baseball professionally for one season. After that one season of absence, Jordan returned to the Bulls in a rare Ruby Red 40th Anniversary Edition Corvette ZR1. It was clear that Jordan’s lifelong Chevy and Corvette fandom remained intact and still does.

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Written by:

Chaitanya Sharma

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Chaitanya is an NBA writer at EssentiallySports. He completed his engineering from SRM University. Having determined an interest in football and basketball, he was inclined towards having a job in the sports industry.
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Edited by:

Arunaditya Aima