Did Michael Jordan's net worth increase in 2021?










It would be reasonable to assume that Jordan would become wealthier with each passing year, considering that the Charlotte Hornets (the NBA team he owns) are increasing in value and numerous brands continue to spend millions of dollars on him every year. 

GET THE APP

Join the Club

Download our NBA Hoops App to 

LATEST NEWS & MEMES ON THE GO!

Ad

RARE AIR

The Jordan Brand has flourished over the past decade on robust sales, making Jordan's earnings skyrocket over the past decade.
 CREDIT: YOUTUBE/FORBES


PLAYING SALARY

.

The former Chicago Bulls star earned 94 million dollars before taxes during the period, including $4 million in compensation he received when he sat out the 1993-94 season to play minor league baseball.
CREDIT: YOUTUBE/FORBES

ENDORSEMENTS

Nike, Coca-Cola, McDonald's, Wheaties, and many others have made Jordan rich off the court. In nearly four decades, he's earned $1.7 billion in pre-tax revenue from brands.
CREDIT: YOUTUBE/ FORBES

nike

Jordan's initial Nike contract, signed in 1984, was worth $500,000 a year (about $1.2 million in today's dollars), plus royalties. 
CREDIT: YOUTUBE/FORBES

HORNETS

In 2010, he became the majority owner of the team through a $175 million deal that was largely funded by debt. He eventually increased his stake to 90%.
CREDIT: YOUTUBE/ FORBES

GET THE APP

Join the Club

Download our NBA Hoops App to 

LATEST NEWS & MEMES ON THE GO!

Ad

REPORT: Another Lakers Guard Shown the Exit Door?

Bucks Waive Former All-Star DeMarcus Cousins Despite Impressive Run of Performances