How much does Michael Jordan Earn from Hornets Ownership?
Michael Jordan is known for his amazing skills on the court and is one of the greatest basketball players of all time. Jordan's success is not confined to the court as he has been very successful outside it as well. He has a number of business ventures and also owns the Charlotte Hornets. The Hornets may not be having the best season on the court, but Jordan still earns a lot of money through the team. Find out how much Jordan earns from his ownership of the Hornets.
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Michael Jordan
Business magazine Forbes reports the Hornets are now worth $1.5 billion, a 20 percent increase over where they were last year.
The Hornets are ranked 25th in the NBA's most valuable franchises according to a Forbes article.
Jordan's exact earning potential through Hornets is unknown. However, His net worth of $1.6 billion can be attributed largely to the financial success of the club.