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Michael Jordan Net Worth

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Michael Jordan Net Worth

What is Michael Jordan’s net worth?

Net Worth:$3 Billion
Age:62
Born:February 17, 1963
Gender:Male
Height:1.98 m (6 ft 6 in)
Country of Origin:United States of America
Source of Wealth:Professional NBA Player/Entrepreneur
Last Updated:Jun 3, 2025

Introduction

Michael Jordan is an American former professional NBA player with an estimated net worth of $3 Billion.

Jordan was not only one of the most accomplished NBA players of all time but also the first NBA player to become a billionaire and the first black person to own a majority stake in an NBA team.

His partnerships with Nike to produce the Air Jordan sneaker, now one of Nike’s most popular lines, combined with the 2023 sale of his stake in the Charlotte Hornets, helped push his net worth into the billions.

 

NBA Career

Jordan was drafted by the Chicago Bulls in 1984, and in his first season, he helped the team make the playoffs. That season, he scored an average of 28.2 points per game, which earned him the NBA Rookie of the Year Award.

In the 1986-1987 season, he became the first player in years to score more than 3.000 points in a single season. Over the next few years, Jordan helped the Bulls win championship after championship. He took a break from the 1993-1994 season for a stint in minor league baseball but returned to the Chicago Bulls in 1995. Upon his return, he came back stronger, averaging 30.4 points that season.

 

Washington Wizards

In 1998, Jordan retired after playing fifteen seasons and winning six championships with the Chicago Bulls. He then became part-owner of the Washington Wizards and returned for the final two seasons from 2001 to 2003.

To this day, Michael Jordan is regarded as an NBA legend and the greatest basketball player in the sport’s history. Former NBA stars played a significant role in popularizing the NBA worldwide in the 1980s and 1990s.

 

Nike Air Jordan Partnership

Jordan is also known as one of the most effectively marketed athletes globally, with many lucrative endorsement deals. He was responsible for the immense success of Nike’s Jordan brand, which includes the popular Air Jordan sneakers. The Nike royalties, which amount to 5% of every Air Jordan shoe sold, heavily contributed to Michael Jordan’s net worth.

Over the years, NBA legend Michael Jordan has had many successful endorsements, including brands such as Coca-Cola, McDonald’s, Chevrolet, Upper Deck, and Hanes.

 

Movies & Documentaries

The basketball player was also a star of the “Space-Jam” hit movie, where he played himself.

In 2000, the IMAX documentary about Jordan’s career in Bulls came out, with a big emphasis on the 1998 NBA playoffs, titled “Michael Jordan to the Max.” Jordan had more recent successes in the film industry, for example, with his documentary miniseries The Last Dance (2020).

 

Charlotte Bobcats/Hornets Ownership Stake

In 2006, Jordan bought a minority stake in the NBA’s Charlotte Bobcats (now named Hornets). In 2010, he invested a further $275 million to become the franchise’s majority owner. Michael Jordan is the only black majority owner of an NBA club in history, while other players such as Dwyane Wade and Grant Hill only own minority stakes in clubs.

In 2020, Jordan sold a 20% stake in the Hornets, earning him an estimated $300 million. Finally, in August of 2023, Jordan sold his remaining majority stake in the Hornets for $3 billion.

 

Philanthropy

It’s worth mentioning that Jordan has also been an active philanthropist. From 2001 to 2014, he hosted the annual golf tournament, the Michael Jordan Celebrity Invitational, which raised funds for various charitable causes.

In 2006, Jordan and his wife pledged $5 million to Chicago’s Hales Franciscan High School. Jordan Brand also donated considerably to Habitat for Humanity and Louisiana’s Boys & Girls Clubs of America.

Jordan’s activity in The Make-A-Wish Foundation is also noticeable. He was named Chief Wish Ambassador in 2008. In 2013, he granted his 200th wish. Until now, he has raised over $5 million for the foundation.

 

First NBA Billionaire

It’s easy to see why Michael Jordan is among today’s highest-paid athletes and NBA players. In June 2014, Jordan became the first NBA player to become a billionaire after increasing his shares in the Charlotte Hornets.

Forbes estimated that Jordan Brand generates around $1 billion of profits for Nike each year. In 2021, Forbes estimated that Michael Jordan’s net worth rose to $1.6 billion.

This makes Famer Michael Jordan one of the wealthiest African-Americans in the US and one of the most beloved.

 

NBA Salary

YearTeamSalary
1984/85Chicago Bulls$555,000
1985/86Chicago Bulls$630,000
1986/87Chicago Bulls$737,500
1987/88Chicago Bulls$845,000
1988/89Chicago Bulls$2,050,000
1989/90Chicago Bulls$2,300,000
1990/91Chicago Bulls$2,500,000
1991/92Chicago Bulls$3,250,000
1992/93Chicago Bulls$4,000,000
1993/94Chicago Bulls$4,000,000
1994/95Chicago Bulls$3,850,000
1995/96Chicago Bulls$3,850,000
1996/97Chicago Bulls$30,140,000
1997/98Chicago Bulls$33,140,000
2001/02Washington Wizards$1,000,000
2002/03Washington Wizards$1,030,000
Total Career Earnings:$93,877,500

Michael Jordan’s initial NBA contract in 1984 was worth $6.3 million over seven years. The Chicago Bulls cut short this contract upon Jordan renegotiating his second Bulls contract, effectively making it a four-year deal worth $2.7 million.

Michael Jordan’s annual salary for his first year in the NBA was $455,000, which, if adjusted for inflation, would be worth $1.35 million today.

In 1988, Jordan signed a new contract with the Bulls, this time for eight years, worth $25.7 million. The contract ran from 1988 to 1996 until Jordan turned 32. This period included Jordan’s brief 1993 retirement to play minor league baseball. During this time, the Bulls still paid him his $4 million annual salary.

In 1996, Michael signed a single-year extension with Chicago worth an astounding $30.1 million. Jordan’s annual salary immediately jumped from $4 million to $30 million. A year later, he signed another 1-year extension, this time for $33.1 million.

In 1999, Michael Jordan retired from basketball for a second time, stating:

“I never say never, but 99.9 percent. I am very secure with my decision.”

Two years later, he returned to play for the Washington Wizards between 2001 and 2003. The Wizards paid Jordan $1 million per season.

Michael Jordan earned $94 million in base salary throughout his career, which accounts for less than 3% of his net worth.

 

Estimated Net Worth

In 2024, Michael Jordan is one of the richest athletes in the world, with a net worth of $3 Billion.

Michael Jordan became the first NBA billionaire not only through his career earnings alone but also through his involvement in partnerships, royalty deals, and investments.

 

Highlights

Here are some of the best highlights of Michael Jordan’s career:

  • Most Valuable Player (1987-88, 1990-91, 1991-92, 1995-96, 1997-98)
  • Defensive Player of the Year (1988)
  • Rookie of the Year (1984-85)
  • All-Star Game MVP (1988, 1996, 1998)

 

Summary

Michael Jordan’s ambition to succeed and determination to help others has kept him in the game for years. He is a recognizable face in sports and marketing for products such as Nike’s Air Jordans.

His drive and passion for basketball have led to his large net worth and inspired many other players. His philanthropy has helped thousands of kids across the US achieve their goals and dreams.

What do you think about Michael Jordan’s net worth? Leave a comment below.

Dan Western is a British journalist with a decade's worth of experience in researching financial information of the world's most influential people.

1 Comment

1 Comment

  1. Mounir H. Boutros

    Sep 6, 2019 at 3:51 pm

    Michael Jordan is an awesome athlete, the best ever in ?.

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NBA Players

Fred VanVleet Net Worth

How much is the American NBA player Fred VanVleet worth?

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Fred Vanvleet Net Worth Profile

What is Fred VanVleet’s net worth? 

Net Worth:$45 Million
Age:31
Born:February 25, 1994
Gender:Male
Height:1.85 m (6 ft 1 in)
Country of Origin:United States of America
Source of Wealth:Professional NBA Player
Last Updated:Jun 2, 2025

Introduction 

Fred VanVleet is an American professional NBA player for the Houston Rockets with an estimated net worth of $45 Million.

 

Quick Facts

  • Projected to earn $42.8 million for the 2024/25 season
  • Lifetime earnings total $165.1 million from salary
  • Signed a 3-year, $128.5 million contract with the Houston Rockets in 2023

 

Career Overview

VanVleet was signed to play in the NBA Summer League with the Toronto Raptors in 2016. His summer league contract guaranteed three-game appearances. He made his league debut on November 9, 2016. He scored his first two points in the Raptors’ 19th game and his fourth appearance, which came against the Los Angeles Lakers. 

The following year, he posted a career-high 16 points against the Indiana Pacers. A few days later, he had a career-high nine assists in a win over the Charlotte Hornets.  VanVleet re-signed with the Raptors in 2018. He scored a season-high 19 points on the 9th of December of the same year. Two days later, he had a career-high 14 assists in a 123-99 win over the Los Angeles Clippers. 

The Raptors entered the 2019 NBA playoffs as the number two seed, where he was a vital bench player for the team. In Game 6, he scored 14 points in a win over the Bucks, helping the Raptors advance to the NBA Finals for the first time in franchise history. 

 

NBA Salary

YearTeamSalary
2016/17Toronto Raptors$543,471
2018/19Toronto Raptors$8,653,847
2019/20Toronto Raptors$9,346,153
2020/21Toronto Raptors$21,250,000
2021/22Toronto Raptors$19,675,926
2022/23Toronto Raptors$21,250,000
2023/24Houston Rockets$40,806,300
Total Career Earnings:$121,525,697

Despite not being selected in the 2016 NBA draft, Fred VanVleet was eventually signed by the Toronto Raptors on a two-year deal worth $1.4 million. VanVleet initially turned down two offers to play in the NBA Development League for $20,000 a year over two years, hoping an NBA team would select him. VanVleet earned $543,000 in his first NBA season, increasing to $1.3 million for his second season.

In 2018, he signed a two-year deal worth $18 million with the Raptors, increasing his average annual salary to $9 million.

In 2020, VanVleet signed a new four-year deal with Toronto valued at $85 million. He earned $21.25 million for the 2020/21 season, $19.7 million in 2021, and $21.25 million in 2022.

Thus far in his NBA career, Fred VanVleet has earned $122.3 million.

 

Endorsement Deals

VanVleet signed an endorsement deal with AND1 in November 2019, becoming the face of the brand. This deal followed his impressive performance with the Toronto Raptors during their 2019 NBA Championship run.

In 2020, VanVleet officially signed a multi-year shoe deal with Li Ning, the Chinese sneaker brand. His first signature shoe with them, the “Li-Ning Speed VII,” was released soon after signing that same year. While the value of the agreement has not been publicly disclosed, several other NBA players have signed with the brand in the past, including CJ McCollum and Dwyane Wade, reportedly earning several million dollars annually.

He then starred in a 2021 Samsung commercial alongside young basketball player Deniya Prawl, promoting the brand’s ease of gaming and interacting on devices.

VanVleet is available for corporate appearances, speaking engagements, meet-and-greets, and endorsements for a fee of around $15,000 per event.

 

Fines & Suspensions

Throughout his NBA career, Fred VanVleet has reportedly received fines and suspensions totalling $365,552. Perhaps the most notable of which was his one-game suspension without pay in April 2021 after leaving the bench to get involved in an altercation between the Raptors and Lakers. This resulted in him losing approximately $146,552 in salary.

Between 2023 and 2024, VanVleet received three notable fines. The first was a $30,000 fine for publicly criticizing the referee Ben Taylor after suffering a loss to the Los Angeles Clippers. He was then fined $50,000 for, again, issues with the game’s officiating, directing abusive language to the referee in a game against Portland. Finally, he was fined $35,000 for, you guessed it, an issue with an official during a game against Miami. VanVleet’s additional career fines have all been $2,000 fines for technical fouls and ejections.

 

Estimated Net Worth

Fred VanVleet’s net worth is estimated to be roughly $45 Million.

 

What do you think about Fred VanVleet’s net worth? Leave a comment below. 

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NBA Players

Malik Beasley Net Worth

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Malik Beasley Net Worth Profile

What is Malik Beasley’s net worth? 

Net Worth:$20 Million
Age:36
Born:January 9, 1989
Gender:Male
Height:1.93 m (6 ft 4 in)
Country of Origin:United States of America
Source of Wealth:Professional NBA Player
Last Updated:Jun 2, 2025

Introduction 

Malik Beasley is an American professional NBA player for the Milwaukee Bucks with an estimated net worth of $20 Million.

 

Quick Facts

  • Projected to earn $6 million for the 2024/25 season
  • Lifetime earnings from salary total $59.9 million
  • Signed a 1-year, $6 million contract with the Detroit Pistons in 2024

 

NBA Salary

YearTeamSalary
2016/17Denver Nuggets$1,627,320
2017/18Denver Nuggets$1,700,640
2018/19Denver Nuggets$1,773,840
2019/20Minnesota Timberwolves$2,731,714
2020/21Minnesota Timberwolves$13,425,895
2021/22Minnesota Timberwolves$14,491,964
2022/23Los Angeles Lakers$15,558,035
2023/24Milwaukee Bucks$2,019,760
Total Career Earnings:$53,329,168

In 2016, Malik Beasley signed a four-year rookie contract worth $7.8 million with the Denver Nuggets. The deal was initially guaranteed at $3.3 million at signing and was fully guaranteed overall, with Beasley earning $1.6 million in his first NBA season.

He would earn $1.7 million in 2017 and $1.8 million in 2018 with the Nuggets before being traded halfway through the 2019/20 season to the Minnesota Timberwolves. Beasley retained $1.6 million from the Nuggets for the year and earned $925,000 playing at Minnesota.

The following year, Beasley signed a new four-year deal with the Timberwolves worth $60 million, which increased his average annual salary to $15 million. He earned $13.6 million in 2020 and $14.4 million in 2021.

In mid-2022, he was traded to the Utah Jazz, where he spent just half a season earning $10.2 million, and then traded to the Lakers, where he earned an additional $5.2 million in the year. At the end of the year, the Lakers declined Beasley’s fourth-year option, and subsequently, he signed a one-year deal with the Milwaukee Bucks valued at $2.7 million. With his contract expiring this year, it’s unknown where Beasley will land for the 24/25 season.

Thus far in his NBA career, Malik Beasley has earned $53.8 million, of which $29 million has come from his time with the Timberwolves.

 

Estimated Net Worth

Malik Beasley’s net worth is estimated to be roughly $20 Million.

 

Fines & Legal Issues

In September 2020, Maliik Beasley was involved in an altercation outside his home in Minnesota. A family had accidentally parked outside Beasley’s house while on a tour, and Malik approached them, allegedly pointing a rifle at the family. The police were called, and after conducting a search on his property, they found several firearms and marijuana. 

Beasley was arrested for felony threats of violence and fifth-degree drug possession. He pleaded guilty, and while the drug charge was dropped, he still received a 120-day jail sentence. After his conviction, he was placed on probation and required to attend an anger management program.

The financial impact of the situation, aside from his legal fees and potential lost sponsors, was a 12-game NBA suspension without pay. League rules state that as long as the suspension doesn’t exceed 20 games, the player will lose 1/145 of their base salary per game missed. This equated to Beasley losing approximately $1.65 million in compensation that season.

 

On-Court Fines

On the court, Malik’s highest fine was $35,000 in 2022 for making inappropriate contact with Drew Eubanks during a game against the Portland Trail Blazers. He’s also received twenty-one $2,000 fines for technical fouls and ejections, totaling an additional $42,000.

 

Real Estate

In March 2021, Malik Beasley paid $1.96 million for a 6,796-square-foot, five-bedroom, six-bathroom home on Mooney Lake in Plymouth, Minnesota. In February 2024, he relisted the property for sale with an asking price of $2.695 million. It sold for $2.6 million two months later, likely earning Beasley a net profit between $200,000 and $300,000.

 

Highlights

Here are some of the best highlights of Malik Beasley’s career:

  • Drafted by the Denver Nuggets (2016)
  • Atlantic Coast Conference – All-Conference – Honorable Mention (2016)
  • Kyle Macy – Freshman All-American (2016) 

What do you think about Malik Beasley’s net worth? Leave a comment below. 

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NBA Players

Zion Williamson Net Worth

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Zion Williamson Net Worth Profile

What is Zion Williamson’s net worth?

Net Worth:$18 Million
Age:24
Born:July 7, 2000
Gender:Male
Height:1.98 m (6 ft 6 in)
Country of Origin:United States of America
Source of Wealth:Professional NBA Player
Last Updated:Jun 3, 2025

Introduction 

Zion Williamson is an American professional NBA player for the New Orleans Pelicans with an estimated net worth of $18 Million.

Williamson is still relatively fresh into his NBA career, having just completed his rookie contract. With five seasons under his belt, Zion has averaged 22.9 points per game and a salary of $15.5 million per year. Thus far, Williamson has earned $77.6 million in base salary and additional income from endorsements estimated to be between $50-$60 million.

 

Quick Facts

  • Projected to earn $36.7 million in salary for the 2024/25 season
  • Earned $77.6 million in salary thus far
  • Signed a five-year, $197.2 million extension with the Pelicans in 2023
  • Typically earns $12 million/year from endorsements
  • Signed a seven-year, $77 million endorsement deal with Jordan

 

Net Worth History

We first researched Zion Williamson’s net worth in 2020. He was estimated to be worth $8 million back then, but that was when he only earned $9 million yearly. Since then, he’s gained an additional $68 million in salary and roughly $50-$60 million from endorsements.

In 2024, Zion Williamson’s net worth is estimated to be $18 Million. 

 

High School Basketball

Zion Williamson started making a name for himself in high school, winning the Under Armour Elite 24 showcase dunk contest. 

During his junior season, Williamson went viral with his highlight videos, and Drake even wore his jersey in an Instagram post. After surpassing 2,000 points in January 2017, Williamson appeared on the cover of Slam and received All-USA First Team Honors. 

Williamson finished his high school career as South Carolina’s Mr. Basketball and the runner-up to Mr. Basketball USA. In a live interview on ESPN, Williamson committed to attending Duke University, playing his first game for them in November 2018. 

 

Duke University

Zion Williamson started his collegiate career strong and was named the Atlantic Coast Conference Freshman of the Week. Soon after, he broke the record for the most points recorded in a single game and was named ACC Freshman of the Week once more. 

Unfortunately, in February 2019, Williamson was benched with a knee sprain after his shoe broke, causing him to slip. Following the incident, Nike’s stock dropped $1.1 billion, while Williamson earned Rookie of the Year and Player of the Year honors. He then appeared in the NCAA Tournament, joining Kevin Durant and Anthony Davis as the third freshman to earn 500 points, 50 steals, and 50 blocks in a season. 

 

New Orleans Pelicans

After entering the 2019 NBA draft, the New Orleans Pelicans selected Zion Williamson with the first pick. 

Unfortunately, Williamson tore the cartilage in his knee during the preseason, delaying his debut until January 2020. However, once he was on the court again, Williamson wasted no time making a name for himself and racking up points. In his first eight games, he scored at least 20 points in four consecutive games, the longest 20+ point streak by a rookie Pelican. 

Soon after, he surpassed Carmelo Anthony as the first teenager to score at least 20 points in 10 consecutive games in NBA history. He became the first rookie since Michael Jordan to earn 16 20-point games within their first 20 contests. 

 

Success & Injury

Following his rookie season, Zion Williamson tied Kareem Abdul-Jabbar’s record for the longest 20-point streak in his first two seasons. His streak eventually surpassed Wilt Chamberlin and Karl Malone’s streaks, tying him with Shaquille O’Neal’s record of 25. 

While things were going well for the basketball star, during the 2021 off-season, he suffered a fracture in his foot and underwent surgery. Williamson missed the entirety of the 2021-2022 season, but in July 2022, he signed a five-year extension with the Pelicans. 

He returned in October 2022 and earned Western Conference Player of the Week honors before being sidelined with a hamstring injury in January. Ultimately, he ended up sitting out the rest of the season and returning in November 2023. Although he returned strong, on April 16, 2024, he suffered another injury during a game against the L.A. Lakers.

 

NBA Salary

YearTeamSalary
2019/20New Orleans Pelicans$9,757,440
2020/21New Orleans Pelicans$10,245,480
2021/22New Orleans Pelicans$10,733,400
2022/23New Orleans Pelicans$13,534,817
2023/24New Orleans Pelicans$34,005,250
Total Career Earnings:$78,276,387

In 2019, Zion Williamson signed a four-year rookie contract worth $44.3 million with the New Orleans Pelicans. The deal was initially guaranteed at $20 million at signing and was fully guaranteed overall.

Williamson earned $9.15 million for his first season in the NBA, which is incredibly high for a rookie’s first season. His annual salary increased to $10.2 million in 2020 and $10.7 million in 2021, reaching $13.5 million for the final year of his contract.

In 2023, Williamson signed his five-year rookie extension with the Pelicans, valued at $197.2 million. Again, the deal is fully guaranteed and increases Williamson’s average annual salary from $11.1 million to $39.5 million. He earned $34 million last season and is estimated to earn $36.7 million in the upcoming 2024/25 season.

Thus far in his NBA career, Zion Williamson has already earned $77.7 million with an additional $157.7 million in guarantees remaining.

 

Endorsements

As the number one pick in the 2019 NBA draft, brands lined up to sign high-value endorsement deals with Zion Williamson. The year the Pelicans selected him, a bidding war took place to obtain Zion on a shoe endorsement contract, with Nike winning out over the competition.

Williamson signed a 7-year deal with Nike Jordan worth $75 million, averaging $10.8 million/year. It was recorded as the most valuable NBA shoe deal since Nike signed LeBron in 2003. Zion released his first signature shoe, the Jordan Zion 1, in April 2021, and he has since released two more.

In the same year he signed with Nike, it was reported that Williamson signed a multi-year deal with Gatorade, which is estimated to earn him a 7-figure sum annually. Thanks to his big brand deals with Nike and Gatorade, Forbes estimated Zion Williamson’s endorsement income to be $20 million in 2020.

Williamson has also worked with brands such as:

  • Bolt 24
  • Mountain Dew (Commercial with Zach LaVine)
  • NBA2K
  • Slam
  • Starry

Estimates of Zion’s annual endorsement income fell significantly to $12 million for 2023.

 

Real Estate

In May 2020, Zion Williamson reportedly paid $730,000 for a 5,954-square-foot, five-bedroom home in New Orleans, Louisiana. The property had previously been listed for $874,500 and was pending sale at $839,900. Williamson still owns the house.

 

What do you think about Zion Williamson’s net worth? Leave a comment below.

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