Michael Jordan net worth: How much does he make in 2020?

ESPN's documentary series "The Last Dance" has shown viewers how Michael Jordan not only became the best basketball player in the world, but also transformed into a global icon.To get more news about cheap air jordan shoes china, you can visit nkspaces official website.

Over the course of multiple three-peats with the Bulls, Jordan entered a rarefied air typically reserved for famous figures like actors and musicians, setting the stage for a successful second act following his retirement from the NBA. To borrow a line from Jay-Z, Jordan isn't just a businessman — he's a business, man. Hoops fans and sneakerheads are undoubtedly familiar with the Air Jordan Brand, but there is more to MJ's empire than the occasional retro release. This is a guy who can turn down $100 million without blinking.

That's more than shoe industry power. Let's break down how Jordan has reached an immense level of wealth and where his net worth stands in 2020. (And no, money acquired from gambling on the golf course is not included here.) After serving as a minority investor since 2006, Jordan bought the then-Bobcats from Bob Johnson for $275 million in 2010. However, Jordan reportedly only put up $30 million in cash, a figure that likely wouldn't be cleared today. Franchise values have skyrocketed in the last decade, and the Hornets are currently valued at $1.5 billion. Charlotte increased 20 percent in value over the previous year and generated $240 million in revenue. Jordan sold a large minority share of the Hornets in 2019, but he doesn't intend to relinquish control of the team.