We all know who the highest-paid athlete is. They are the one who has won just about every award possible, who has set records that will never be broken and who continues to break barriers with each game they play. Who am I talking about? Well, it’s none other than Michael Jordan!
Jordan is the highest-paid athlete of all time at $1.85 billion in 2017. This famous athlete has partnered with dozens of brands since he turned pro in 1984 and has since retired. Gatorade, Hanes, MCI, Oakley, Upper Deck, Wheaties are some of the brands he partnered with while Nike was his biggest backer has always been his biggest backer.
Today, Jordan continues to be a force in the sports and business world with his net worth of $875 million at just 55 years old. He is still making money from Nike through royalties on Air Jordans that sell for over $200 per pair! And he owns not one but two NBA teams, including his beloved Charlotte Hornets.
It is the wealth of Michael Jordan that also makes him one of the highest-paid retired athletes in history at $75 million per year! He’s not only making money from his Nike earnings but since he has a stake in both NBA teams, that enormous income adds to his total net worth.
Jordan still wows fans with his skills on the court and in business, making him one of the highest-paid retired athletes.