Forbes: Jordan earned $80 million in 2012

Michael Jordan anticipates the Charlotte Hornets to make major moves in the off-season.(AP)
February 14, 2013, 4:26 PM

Michael Jordan may not play basketball anymore but the NBA legend is having no trouble making money.

According to Forbes, Jordan earned an estimated $80 million last year from his deals with Gatorade, Hanes, Nike, Upper Deck, 2K Sports, Presbyterian Healthcare and Five Star Fragrances.

Along with his 80 per cent share of the Charlotte Bobcats, Jordan as well has a stake in six different restaurants, a car dealership in North Carolina, and a motorsports team.

Jordan’s biggest source of revenue comes from the Nike Jordan brand. He earns up to $60 million from Nike on an annual basis, according to the Forbes article.

Forbes recently released a list of the world highest-paid athletes and Jordan earned more than everyone included on the list except for renowned boxer Floyd Mayweather Jr. ($85 million in 2012).

He is still considered one of the world’s most popular sports figures and his 22 million Facebook fans are the fourth-highest of any athlete.

Jordan’s net worth is estimated at a total of $650 million.

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