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Michael Jordan Net Worth 2018 | Salary | House & Cars

$ 1.5 Billion

Michael Jordan Net Worth: Michael Jordan is also known by his initials, MJ, is an American retired professional basketball player, businessman, and principal owner and chairman of the Charlotte Hornets of the National Basketball Association (NBA). Michael Jordan has an estimated net worth of $1.31 billion as of July 2017, according to Forbes. Even though Michael has not played professionally in over a decade, he still earns an estimated $80-100 million per year from endorsements and various other business ventures.

Check out the below article to know the complete information regarding Michael Jordan Networth 2018 in dollars, His Salary Per Year and Month, Houses, Cars, Brand Endorsements, and his other Investments details. Also Check, How Much is James Harden and Lavar Ball Worth?

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Michael Jordan Net Worth 2018 @ $1.5 Billion

How Much is Michael Jordan Worth?

Michael Jordan is a former American basketball player and entrepreneur who has a net worth of $1.5 billion. Even though Michael has not played professionally in over a decade, he still earns an estimated $80-100 million per year from endorsements and various other business ventures. Michael earns $60 million every year from Nike/Jordan brand royalties alone.

The former Chicago Bulls wonder earned $93 million in salary during his playing career.

When Michael divorced his wife of 13 years Juanita Jordan in 2002, he was forced to pay her a whopping $168 million divorce settlement. It was one of the most expensive divorces in history and included the couple’s $29 million, seven acres suburban Chicago mansion.

How Much Michael Jordan Earns through Endorsements?

Michael Jordan has been a spokesman for many corporate brands including Nike, Gatorade, Wheaties, McDonald’s, Coca-Cola, Chevrolet, Ball Park Franks, Rayovac, Hanes, and MCI.

Perhaps most famous is his hugely lucrative endorsement deal with Nike that led to the creation of the iconic Air Jordan trainers – according to Forbes magazine, Brand Jordan remains a $1 billion sales business for the sports manufacturer.

Jordan also received Nike stock options which brought his total compensation to $7 million over five years.

Check Highest Paid Professional Athlete

Michael Jordan Salary Per Year

Career: $93.7 million

  • 84-85 Chicago Bulls $550,000
  • 85-86 Chicago Bulls $630,000
  • 86-87 Chicago Bulls $737,500
  • 87-88 Chicago Bulls $845,000
  • 88-89 Chicago Bulls $2 million
  • 89-90 Chicago Bulls $2.25 million
  • 90-91 Chicago Bulls $2.5 million
  • 91-92 Chicago Bulls $3.25 million
  • 92-93 Chicago Bulls $4 million
  • 93-94 Chicago Bulls $4 million
  • 94-95 Chicago Bulls $3.85 million
  • 95-96 Chicago Bulls $3.85 million
  • 96-97 Chicago Bulls $30.14 million
  • 97-98 Chicago Bulls $33.14 million
  • 01-02 Washington Wizards $1 million
  • 02-03 Washington Wizards $1.03 million

Michael Jordan Earnings overview: 

  • EARNINGS 2015 – $110 Million
  • EARNINGS 2014 – $100 Million
  • EARNINGS 2009 – $55 Million
  • EARNINGS 2008 – $45 Million
  • EARNINGS 2007 – $45 Thousand
  • EARNINGS 2006 – $31 Million
  • EARNINGS 2005 – $32 Million
  • EARNINGS 2004 – $33 Million
  • EARNINGS 2003 – $35 Million

Assets & Other Incomes:

  • June 2014 – Value of his 89% Stake in the Charlotte Bobcats in 2014, finally making him a Billionaire – $416,000,000
  • 2013 – Value of his 80% Stake in the Charlotte Bobcats (as of January 2013) – $252,000,000
  • 2013 – Earnings from Endorsements with Nike, Gatorade, Hanes, Upper Deck, 2K Sports, Presbyterian Healthcare and Five Star Fragrances – $80,000,000
  • 2007 – Endorsement deal with Nike – $110,000,000
  • 1995 – Endorsement from Oakley (The amount was given to Jordan during the 10-year contract) – $2,000,000
  • 1995 – Endorsement from MCI (The 10-year deal was halted when MCI filed bankruptcy in 2002) – $2,000,000
  • 1991 – Ten-million deal with Gatorade – $13,500,000
  • 1990 – Endorsement from Ball Park Franks – $2,000,000
  • 1989 – Endorsement deal with Hanes – $10,000,000
  • 1988 – Eight-year contract with Chicago Bulls – $25,700,000
  • 1988 – Endorsement from Wheaties – $2,000,000
  • 1984 – Seven-year contract with Chicago Bulls – $6,300,000
  • Jan 1984 – Endorsement from Chevrolet – $200,000
  • Jan 1984 – Endorsement deal with Nike (First 5 years deal with the shoemaker) – $12,500,000
  • 1984 – Endorsement deal with Nike – $2,500,000
lebron-james-networth-salary-house-cars-wiki

 

Michael Jordan House, Cars & Private Jets

MJ House & Property (where does Michael Jordan live now?):

He spent $12.8 million building his dream house in Florida

He spent $12.8 million building his dream house in Florida, and it's almost finished

He recently dropped $2.8 million on an AWESOME house near Charlotte, so he can be around his team

He recently dropped $2.8 million on an AWESOME house near Charlotte, so he can be around his team

He’s frugal with his real estate, though. He sold his lavish Chicago mansion for $29 million

Grand Entrance

Water Feature

Michael Jordan Cars Collection:

1 Chevrolet C4 Corvette

Source: Chevrolet

2 Ferrari 512 TR

Source: Ferrari

3 Porsche 911

Source: Porsche

4 Toyota Land Cruiser

5 Aston Martin DB7 Volante

Source: Aston Martin

6 Mercedes-McLaren SLR 722 Edition

Source: Mercedes-Benz

7 Ferrari 599 GTB Fiorano

8 Gulfstream IV

9 Range Rover – ($83,495-186,495)

Private Jet:

He has a private jet. It’s painted Carolina blue, and the ID number contains his jersey number (23) and number of titles (6)

He has a private jet. It's painted Carolina blue, and the ID number contains his jersey number (23) and number of titles (6)

Yacht:

He rents out this 154-foot megayacht called Mr. Terrible

He rents out this 154-foot megayacht called Mr. Terrible

Michael Jordan Biography and Quick Facts

Birthdate: February 17, 1963
Birthplace: Brooklyn, New York City, New York, United States
Height: 6 ft 5 in (1.98 m)
Weight: 216 lbs (98 kg)
Profession: Basketball player, Athlete, Spokesperson, Entrepreneur, Actor, Businessman
Education: North Carolina University
Nationality: American
Spouse: Yvette Prieto (m. 2013), Juanita Vanoy (m. 1989–2006)
Children: Marcus Jordan, Jeffrey Michael Jordan, Jasmine Mickael Jordan, Ysabel Jordan, Victoria Jordan
Parents: Deloris Peoples, James R. Jordan, Sr.
Awards: 6× NBA champion (1991–1993 (1991–1993), 1996–1998), 6× NBA Finals MVP (1991–1993 (1991–1993), 1996–1998), 5× NBA Most Valuable Player (1988 (1988), 1991, 1992, 1996, 1998), 14× NBA All-Star (1985–1993 (1985–1993), 1996–1998, 2002, 2003), Two-time Olympic Gold Medal winner – 1984, 1992

Michael Jordan’s Social Networking Sites:

Facebook: http://www.facebook.com/MichaelJordan

Twitter: twitter.com/jumpman23

IMDB: http://imdb.com/name/nm0003044

Wikipedia: https://en.wikipedia.org/wiki/Michael_Jordan

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