Michael Jeffrey Jordan, or MJ, is a former professional basketball player and current businessman from the United States. On the NBA’s official website it reads, By acclamation, Michael Jordan is the greatest basketball player of all time. He spent fifteen years as a professional basketball player, and his Chicago Bulls team won six NBA titles during his tenure. In this article we will discuss how did Michael Jordan made an enormous amount of net worth.
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How Wealthy Is Michael Jordan?
Forbes estimates Michael Jordan’s wealth in the year 2023 to be at $1.8 billion. From 2020 to 2021, Michael Jordan’s worth dropped by a complete $500 million.
In 2020, Jordan was the wealthiest ex-professional athlete in the world, with a net worth of $2.1 billion, according to Forbes. I n 2014 he also became the first athlete to reach the status of billionaire. Recently, though, it came to light that Jordan had mysteriously lost around $500 million.
Despite his six NBA titles, Jordan only earned $90 million in his career, with $63 million coming in his final two seasons with the Chicago Bulls. In addition, he had a reliable source of income through endorsement deals with companies such as Nike, Gatorade, Hanes, McDonald’s, and Upper Deck.
Michael Jordan, as seen by his basketball earnings, made the vast majority of his fortune after leaving the game. He is still a Nike brand ambassador and his own clothing label, Jordan Brand, is a division of the sportswear giant. After Jordan Brand earned $5.1 billion in the 2022 fiscal year, Nike reportedly paid him $256 million. He is aiming for $2 billion in tax free income from his corporate owners.
His current wealth is mostly due to the Charlotte Hornets, an NBA franchise he controls. According to reports, the six-time Finals MVP paid $175 million for the Hornets in 2010. According to Forbes, the value of the franchise has increased over the past year and is now projected to be over $1.7 billion, which is coincidentally the same as Jordan’s estimated net worth. Although MJ has stated that he has no plans to completely relinquish ownership of the Hornets, he has sold a small percentage of his interests.
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What Was Michael Jordan’s Jersey Number When He Was Playing?
Michael Jordan’s number 23 is a cultural landmark. Most basketball fans will always associate the legendary Chicago Bulls player with his iconic No. 23 jersey. On the back of his jersey, he wore this number when playing for the Chicago Bulls and the Washington Wizards.
While Jordan’s number 23 is synonymous with his career, he actually wore two different numbers throughout his time in the NBA. Since the basketball legend used them for a short time, these two numbers aren’t used very often. In March of 1995, after a brief retirement, Air Jordan returned to the NBA wearing jersey number 45. During his stellar career, the shooting guard also wore No. 12 for one game.
Michael Jordan whose official Instagram handle is @jumpman23 made the number 23 famous. During his prime, the shooting guard wore this jersey and won six NBA titles. This is a number that even non-dedicated sports fans are likely to be familiar with.
Nevertheless, the legendary Chicago Bulls player also wore No. 45 during the 1994–1995 season. After retiring in 1993, Jordan pursued baseball as a career. In 1995 nevertheless, he changed his jersey number and returned for 17 regular-season games. Jordan wore No. 45 when he played baseball.
When he went back to basketball, he kept the same number because he saw it as a fresh start. The murder of his father in the summer of 1993 was another contributing factor. You can see the official tweet by Sports Center below in which Michael Jordan‘s 23 jersey went missing in 1990, but he still balled out as No. 12.
On This Date: Nothing changed but the number.
In 1990, Michael Jordan's 23 jersey went missing, but he still balled out as No. 12. pic.twitter.com/RhiOk9suEt
— SportsCenter (@SportsCenter) February 14, 2019
According to Jordan’s autobiography, “When I came back, I didn’t want to play in the last number that my father had seen me wear. Because he wasn’t around, I thought of my return as a new beginning.”
