WHO IS THE WEALTHIEST ATHLETE OF ALL TIME ~ CAN YOU NAME HIM?

Question



The wealthiest athlete to-date is former basketball star and now billionaire Michael Jordan. Earning a staggering $1.85 billion as of 2017, Jordan’s mega-wealthy status wasn’t primarily earned on the court, despite being one of the best players of all time.

Jordan has always been a savvy businessman, branching out from the game to partner with various companies like Nike and Gatorade for endorsement deals. The famed Jordan line at Nike has been particularly profitable, worth an astounding $3.1 billion. He also made a killing by scooping up the Charlotte Bobcats for a bargain price of $175 million. The team, now known as the Hornets, have grown to be worth $780 million, and Jordan owns a 90 percent stake in the franchise.

Talk about getting the best bang for your buck! Jordan continues to rake in money from endorsements despite retiring way back in 2003. He’s paved the way as an inspiration to other athletes, as many have followed in his footsteps to invest in their own brand outside of sports for continued wealth.

Source: Forbes | Date Updated: January 17, 2020

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Published:
07.24.21 2:57
Category:
Sports