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Is Michael Jordan a Rich Player and Has Huge Net Worth: His Lifestyle and Properties

April 17, 2018
First published on:April 12, 2018
by M.G.K Ross

Michael Jeddrey Jordan aka Michael Jordan is one the greatest Basketball players of all time. Talking about his legacy, he played 15 seasons in National Basketball Association for Chicago Bull and Washington Wizards. Hence, when the word "basketball" comes to our mind, the name of Michael Jordan is always acknowledged. 

 

The Retired Legendary Basketball player Micheal Jordan lives in millions of fans heart and the fans are wondering to know all about his lifestyle. Keep scrolling to gathered all the information regarding his net worth, salary, car, houses, and contract.

Michael Jordan Net worth and salary

Well, it has already been over 14 years that Michael has retired from NBA and now is living a happy married life with Model Yvette Prieto along with his two children.

 


CAPTION: Michael Jordan SOURCE: Footwear News

Along with the fame, Jordan has collected a lot of wealth throughout his career. Currently, in 2018, Michael Jordan has a staggering net worth of $1.65 billion. Jordan is widely regarded as one of the greatest basketball players worldwide, which totally justifies his net worth.

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CAPTION: Chicago Bulls' Michael Jordan pauses in the third-quart
SOURCE: Herald Sun

He was one of the most popular, favored and expensive players of his time and was able to become NBA's one of the highest-paid athletes. 

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CAPTION: All inspiring and Successful NBA player Michael Jordan

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Reportedly, Michael Jordan earned over $33 million in his NBA career and his total salary while he was active in the field of Basketball was reportedly around $100 million. However, Jordan also earned bigtime from his corporate partners and endorsement deals.

Michael Jordan Contract and Deals

According to the current data from Forbes, Jordan's net worth is $1.65 billion from which $1.3 billion comes from his corporate endorsements and partnerships with brands like Nike which also endorses other stars like the NBA players LeBron James, Blake Bortles, and golf enigma Tiger Woods.

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CAPTION: Since this year is an especially big year for the Air Jordan SOURCE: Sneaker News

He also has multiple current deals with other companies like Mcdonald's, Gatorade, Nike, Wheaties, and Coca-Cola and he reportedly earns around $78 million only from his endorsements and the amount has increased with the time.

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Michael Jordan's net worth was mostly backed up by Nike, which generates around $3 billion in a year just for Jordan brand. Jordan brand covers over than 50% of the basketball shoe market and Jordan earns around $100 million from Nike only. The highest paid athlete of all the time marked a gross earning of $1.7 billion in between 1984 and 2014.


CAPTION: Inside Michael Jordan's Last-Minute Nike Decision That
SOURCE: Bleacher Report

In his 15-years' long career with Chicago Bulls and Washington Wizards, Jordan's total earning was reported to be at $93 million from his club. His top earning in 1997 was reported to be at $78 million for a single season and from endorsements, he has received $117 million.

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Michael Jordan's Cars collection

Michael Jordans is someone with a good taste in cars and has an expensive car collection. Jordan's car collection includes Ferrari 512 TR priced $239,900. It reportedly is one of his favorite cars among all. He also owns a Mercedes McLaren SLR which costs $217,319.

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Youtube: Michael Jorda's Car collection

He also owns a Chevrolet C4 Corvette and also has signed a deal with a Chevy dealership. Jordan often drives Porsche 911 who's starting price is reportedly around $100k. He also owned three supercars during his entire career which included $209,08, Ferrari 599 GTB Fiorano, $67,650 Range Rover, and $250,000 Rolls Royce.

Michael Jordan's House, Properties, and Investments

Michael Jordan lives in Florida in his custom designed house which he bought for $4.8 million and was reported to have paid $7.6 million for the construction. The house was completely ready after 18 months and features a basketball court, 11 bedrooms, and a lavish workout facility and after the mansion was completely built, it was valued at $12.4 million.


CAPTION: Michael Jordan's House
SOURCE: Echo Fine Properties

Jordan has also made huge investments in NBA's Charlotte Hornets and holds 90% shares among all stakeholders, which is reportedly around $175 million. Although the team value hovers around $780 million.

Michael also bought a house which was listed for sale at $29 million. The house includes nine bedrooms, 15 bathrooms, fitness studio, a basketball court, card room, and a tennis court. Afte four years without any response from the buyers, the house was listed for sale for $14,855,000.


CAPTION: The Michael Jordan Estate
SOURCE: Daily Mirror

Jordan has also bought a house in North Carolina for $2.8 million. It covers an area of 12,319 sq. ft. with seven bedrooms and eight bathrooms. The house does not include a basketball court but has a nice swimming pool.


CAPTION: Michael Jordan is perhaps the best iconic NBA Players ever,
SOURCE: raredelights.com

The property was originally listed for $3.99 million and later was relisted for $3.49 million due to some bank issues. Jordan also owns a dealership of a car with Nissan and Ford companies. He has also made his investments in restaurants and owns 7 restaurants.

This should wrap the article about Jordan's investments and lifestyle, stay with Hitberry.com for more on your liked NBA players and their lifestyle.