![Michael Jordan Admits He Hasn’t Picked Up a Basketball in "Years" Despite GOAT Status [Video]](https://balleralert.com/wp-content/uploads/2019/09/Screen-Shot-2019-09-10-at-8.06.41-PM.png "Michael Jordan Admits He Hasn’t Picked Up a Basketball in \"Years\" Despite GOAT Status [Video] - Baller Alert")
Michael Jordan is once again proving while he’s the goat.
The retired Chicago Bulls superstar is now worth an impressive $3 billion, becoming the first athlete to grace Forbes’ list of 400 wealthiest Americans. Jordan occupies the 379th spot, up from his previous net worth of $1.7 billion. He ties with several others, such as Charles S. Cohen of Cohen Media Group and media mogul and composer Haim Saban, both of whom also have a $3 billion net worth.
Jordan has earned a good chunk of his money through his long-running lucrative Nike deal, which produces his Air Jordan sneakers. The NBA standout inked the agreement on October 26, 1984, releasing the inaugural Air Jordan in April 1985. The five-year contract was worth $2.5 million at the time and was the largest sneaker deal given to a pro ball player at the time. Today, the Jordan Brand continues to bring in massive figures, earning $5.1 billion in 2022 alone. It has been reported that he made approximately $90 million in salary during his fifteen-year NBA career.
Additionally, Jordan purchased the Charlotte Hornets in 2010 for $275 million. This year, he sold his stake in the team for $3 billion, which was the second-highest team transaction in the NBA’s history, per the New York Post. The income doesn’t stop there. The 60-year-old also signed a 10-year agreement with Gatorade in 1991 that earned him $1.4 million yearly. In the 90s and early 2000s, Jordan appeared in several commercials for the beverage company. He also has a real estate portfolio that includes homes in Florida, North Carolina, Illinois, and Utah.
Congratulations to Jordan on this major achievement.
