Michael Jordan Becomes Richest Basketball Player in History After Selling Charlotte Hornets Stake

Michael Jordan has made history. After selling his stake in the Charlotte Hornets He became the richest basketball player in history and his fortune reached the figure of 3.5 billion dollars, according to a Bloomberg report.

The former player of the Chicago Bulls, achieved one of the most important sales in the NBA. Michael Jordan sold his part of the Hornets for $2.7 billion to a group led by Gabe Plotkin, founder of Melvin Capital Management, and Rick Schnall, co-chairman of private equity firm Clayton, Dubilier & Rice.

The winner of six rings with the Bulls bought the shares of the North Carolina team in 2010 for $275 million to become a senior partner. After 13 seasons as owner, Michael Jordan made the decision to sell the Hornets, who were the worst team of the 2022-23 season.

Besides, Michael Jordan He was the first African-American owner to have a team in the NBA.

Michael Jordan sold the Hornets for $2.7 billion.)

AP

Michael Jordan: this is how his fortune grew

Michael Jordan came to the NBA in 1984 and back then his name was not very well known; however four decades later he has become one of the most significant athletes of all time.

The first agreement of Michael Jordan it was with the sports brand Nike, since it signed an agreement that was worth 2.5 million dollars for five years. Shortly after, the famous Air Jordan sneakers came out, which were the key for her Majesty to become one of the richest athletes in the world.

By 2020, it was revealed that Michael Jordan had earned more than a billion dollars from his association with Nike and in 2022 he came to pocket 256 million dollars.

Michael Jordan keeps his magic in basketball

Michael Jordan played a basketball game in the Bahamas with a group of youngsters, who couldn’t stop him and were humiliated by the former star of the Chicago Bulls.

In a video that runs through social networks, you can see Michael Jordan scoring perfectly and showing that his magic in basketball is still intact at 60 years of age.

Michael Jordan he eluded and humiliated his opponents, then hit the dunk cleanly like he did in his NBA days with the back jump shot. One of his most special tricks and that many players from the best basketball league carry out on the staves as Stephen Curry o Luka Doncic.

Michael Jordan continues to demonstrate his magic in basketball at 60 years old

Michael Jordan He also joked with one of the youngsters he faced, as he invited him to see his highlights when he shone in the NBA.

Do you have Youtube? Well, look for Michael Jordan highlights “, he said Michael Jordan, who is considered the greatest player in basketball history, winning six championships in the NBA with the Chicago Bulls.

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2023-08-25 00:54:50
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