Michael Jordan Net Worth and Assets 2016/2017

Michael Jordan has been retired 13 years ago as a professional basket player. But until this day with estimated net worth more that 1 Billion Dollar, Michael Jordan is still the richest athlete and basketball player. The legendary US basketball created a record as the richest professional athlete. A former basketball player from Chicago Bulls, became the first athlete to have a fortune of more than 1 billion dollar.

Since his first career as a basketball player, Michael Jordan has been paid  very well and the amount is increased from time to time. He was the highest paid basketball player from Chicago Bulls with the estimated salary about $33,140,000 in last 1998. Since then, Jordan received so much money from some endorsement deals such as $2,000,000 from MCI and Oakley both in 1995. Jordan makes another big deals with Hanes for $10,000,000 in 1989. But the most amazing and shocking deals when Jordan signed 5 contract with Nike for $12,500,000 In 1984. Seems Michael Jordan never failed to make Nike impressed that why they decide to extended the cooperation contract even Jordan has been retired 13 years ago.

In 2016, Forbes announced that Jordan is still received more than $100 million for his contract with Nike. Beside that Michael Jordan net worth also increased partly from his position as owner of the NBA basketball team, the Charlotte Hornets.Forbes then report the sale value of Hornets currently reach between US $ 600 million to $ 625 million.Coupled with the wealth beyond Hornets, Michael Jordan became the first professional athlete who has a net worth of over US $ 1 billion.