How does michael jordan still make money




















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This weekend, with the sports world shut down , MJ is making a comeback. The series will unravel, two episodes at a time, every Sunday night through May The series is available on Netflix outside the U.

The documentary was originally scheduled for a late June release, but ESPN, which is suffering from a dearth of programming caused by the coronavirus quarantines, rescheduled it after fans flooded social media with pleas to move up the release. To mark the occasion, Forbes broke down the business of being Michael Jordan. Jordan ranked No. By Joseph Wolkin Contributor. Sportradar is leading the post-Labor Day IPO charge, Blackstone is betting on garage-door openers and more from the day in deals.

By Kevin Dowd Forbes Staff. Aug 19, By Justin Birnbaum Forbes Staff. Aug 13, By Mike Dojc Contributor. Aaron Rodgers is likely entering his final season as a Green Bay Packer. By Rob Reischel Contributor.

Jul 25, What should potential suitors — one of them being Michael Jordan's 23XI Racing — expect from a driver on the wrong side of the aging curve? By David Smith Contributor. Jun 28, By Tommy Beer Forbes Staff. Called "Slaughterhouse 23," it earned the name since it was designed by Jordan, for Jordan, and aimed at maximizing Jordan's style of play against his opponents. The course has lavish amenities, including a drone delivery service that brings beer and other refreshments to the club's exclusive members.

DraftKings announced last September that Jordan took an equity stake in the sports betting company, along with a special adviser role. The recent money moves come as no surprise. Jordan is the world's first athlete billionaire. And his income now is way more than his total playing salary during his career. Jordan did sell a minority stake in the club in , but he reportedly has no interest in giving up control of the team.

Jordan is still waiting for the day the Hornets win a championship. He has said that winning a championship as an owner would be more gratifying than any of the six rings he won as a player. The popularity of Air Jordans has resurged in recent years thanks to celebrity partnerships to connect to a younger audience and new versions of retro styles to reconnect to the older fans.

Nike's Jordan Brand has even partnered with the popular video game 'Fortnite. Jordan reportedly wanted to sign with Adidas in , but they passed because they preferred NBA players who were 7 feet tall. He has several endorsement deals with companies like Gatorade He's been a spokesman for the company for nearly 30 years. Jordan said he has always been picky about his endorsements because he wanted to be genuine and also build his own brand.

He once rejected a huge endorsement deal with Beanee Weenees because he didn't like the name. He owns several restaurants including North in Jupiter, Florida Jordan also is one of many celebrities to start a tequila business.

In , Jordan and a team of four others created Cincoro tequila. He also owns a Nissan dealership in Durham, North Carolina. In , many billionaires lost money — but not Jordan. That steady stream of income lets him live a pretty amazing lifestyle. He has a private jet. It's painted Carolina blue, and the ID number contains his jersey number 23 and number of titles 6. Jordan even has a custom, Carolina-blue golf cart with the Jumpman logo.

It has some incredible lake views. The estate's gate is emblazoned with his jersey number. It has its own basketball court, as well as a pool with a patch of lawn in the middle of it.



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