By Aishwaryk
NBA
June 22, 2023
It's been more than 20 years since Michael Jordan last played in the NBA, but the basketball legend still routinely outearns the world's highest-paid active athletes.
Jordan's net worth surpasses $2B, earning $100M yearly from endorsements and ventures, surpassing sports' biggest stars like LeBron James and Cristiano Ronaldo.
Jordan's 2010 purchase of the Hornets for $175M paid off as their valuation soared to over $3B. A potential profit of $1.2B awaits if he sells.
The Hornets' value has increased due to better performance, the NBA's growth, and the rising value of sports franchises.
If the deal is approved, Michael Jordan's expected return on investment (ROI), which is approximately 11 times his initial purchase price of $275 million, might reach around $3 billion.
Michael Jordan’s net worth is estimated to be $2.1 billion. If he sells the Charlotte Hornets for $3 billion, his net worth would be around $5 billions.
These shoes was worn by Michael Jordan during Game 2 of 1998 NBA Finals in which Bulls won. The shoes were sold for $2.2 million in 2023.
No matter what happens in the future, Michael Jordan is still going to make a lot of money. He is already a legend, and his career earnings are going to make him even more legendary.
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