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Michael Jordan Net Worth 2023: What Is The NBA Legend Worth?

August 2, 2023 by newhiphopnews

Michael Jordan, the iconic figure who redefined the game of basketball, is no stranger to the world of wealth. As of 2023, the NBA legend’s net worth is estimated to be a staggering $2.6 billion, according to Celebrity Net Worth. This impressive figure is a testament to Jordan’s enduring legacy, both on and off the court.

Jordan’s journey to becoming a billionaire is as fascinating as his illustrious basketball career. His earnings from his playing days, while substantial, are only a fraction of his current wealth. The real wealth accumulation began with his savvy business ventures and lucrative endorsements.

The NBA Earnings

Michael jordan net worth — (Original Caption) Michael Jordan, forward for the Chicago Bulls, holding a basketball in the locker room.

During his NBA career, Jordan earned a total of $93.8 million in salary. His peak came during the 1996-1997 season when he earned $30.14 million, an amount unheard of at the time. However, these earnings were just the tip of the iceberg.

The Nike Partnership

Jordan’s partnership with Nike, which began in 1984, has been one of the most profitable athlete-brand relationships in history. The Air Jordan line, a subsidiary of Nike, has generated billions in sales and continues to be a major contributor to Jordan’s wealth. The NBA legend reportedly earns a royalty of up to $130 million annually from Nike.

The Charlotte Hornets Investment

In 2010, Jordan made a strategic investment that would significantly boost his net worth. He became the majority owner of the Charlotte Hornets, investing $175 million for a 90% stake. As of 2023, the team is valued at over $1.5 billion, making this investment a significant part of Jordan’s net worth. However, he recently sold his stake in the team for a reported $3B.

Other Ventures And Endorsements

Jordan’s financial portfolio extends beyond basketball and Nike. He has endorsement deals with several other major brands, including Gatorade, Hanes, and Upper Deck. He also owns a stake in the Miami Marlins and has investments in several other businesses.

The Philanthropic Side

Despite his immense wealth, Jordan has not forgotten the importance of giving back. He has donated millions to various charitable causes, including a $5 million donation to the National Museum of African American History and Culture. His philanthropic efforts further cement his status as a role model, both on and off the court.

The Legacy Continues

Michael Jordan’s net worth in 2023 is a testament to his enduring influence and business acumen. From his record-breaking NBA career to his lucrative business ventures, Jordan has proven that he is not just a basketball legend, but also a financial titan. As he continues to build his empire, there’s no telling what heights he will reach next.

In conclusion, Michael Jordan’s net worth is not just a reflection of his basketball prowess, but also his strategic investments and business ventures. His journey to becoming a billionaire is a testament to his relentless pursuit of success, both on and off the court. As of 2023, the NBA legend’s net worth stands at an impressive $2.6 billion, and it’s safe to say that his financial legacy will continue to grow.

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Michael Jordan And Magic Johnson Dine Together In Italy

July 13, 2023 by newhiphopnews

Michael Jordan and Magic Johnson only ever played against each other 18 times. To a degree, this makes sense as they played in different conferences. However, it’s still weird to think that two of the greatest NBA players of all time only faced off a handful of times. Jordan holds an 11-7 record in the head-to-head (7-6 regular season, 4-1 playoffs). Furthermore, Jordan’s head-to-head stat line is 30.4/6.6/8.1 while Magic’s is 19.2/6.3/11.6.

Their first meeting was in December 1984, during Jordan’s rookie season. The Bulls came away with a 113-112 victory. Meanwhile, their final meeting was in February 1996, with the Bulls winning 99-84. However, their most famous face-off was the 1991 NBA Finals. It was the year of the Bulls’ first title run with Jordan at the helm. The Bulls blew out the Lakers harder than Jalen Green’s teammate’s back. Johnson would retire in 1996, having retired for one more season after initially retiring in 1991.

Jordan And Johnson Dine In Italy

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A video emerged online on July 13 showing Jordan and Johnson dining out, reportedly in Italy. The video shows the pair being serenaded by locals. That’s it, that’s the story. They went to dinner in Italy. Jordan doesn’t look like he’s having the best time but there’s no drama or anything especially funny about the video. We hope they had a good meal because Italian food is wonderful, especially when you have it in Italy.

Back home, Jordan recently got into hot water after he appeared to say that he disapproved of his son’s relationship with Larsa Pippen. However, Marcus Jordan later clarified his father’s remarks. “We spent Thanksgiving together last year, and my family loves her. They think she’s great,” Marcus Jordan said. “And ultimately, I think my family just wants to see me happy. And so as long as I’m happy, they’re happy with whoever I’m dating. Everybody had an opinion at first, I think there was some shock and interest early on. But I think that was the whole point of us trying to spend some family time together during the holidays. At least for me, if we’re gonna be in the media, I kind of need to introduce you to my mom and my mom’s side and my dad’s side. And so, I think that went well and so far, so good.”

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Larsa Pippen Breaks Silence On Michael Jordan’s Comments

July 11, 2023 by newhiphopnews

Larsa Pippen and Marcus Jordan have made a whole lot of noise with their relationship. Unfortunately, a lot of this noise hasn’t exactly been good. Overall, they have a large age gap which has given some people the ick. Moreover, there is this sense that the relationship only exists to get back at Scottie Pippen. Of course, the two have denied that this is true. However, they have been unable to escape these kinds of remarks.

This ultimately got worse for them recently when Michael Jordan claimed that he was not approving of their relationship. These comments were surprising as Marcus and Larsa Poppen has previously claimed that MJ was fine with them. Subsequently, the two spoke about the comments on their podcast, Separation Anxiety. According to TMZ, Pippen was very upset about the whole thing, while Marcus was much more chill.

Larsa Pippen Speaks

As it turns out, Michael Jordan called the couple on multiple occasions to tell them he was fine with them. Moreover, he apologized for what he said to the paparazzi. In the eyes of Marcus, his dad was probably just joking. Additionally, he believes he said that due to the Scottie correlation. That said, Larsa Pippen was very upset about it all, saying the comments were “traumatizing” and “embarrassing.” Now, though, she feels much better about everything, which is certainly good to hear.

Clearly, all of this was just one big misunderstanding. Going forward, we’re sure Marcus and Larsa will be fine. At the end of the day, their podcast depends on it. If their relationship were to end tomorrow, it would be pretty awkward. However, there is no doubt that people will continue to clown on this relationship. The entire premise of it remains too bizarre for some people. That said, they appear to be in love, so what does Twitter know? Let us know what you think of all this, in the comments section below. Additionally, stay tuned to HNHH for more news from the pop culture world.

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Marcus Jordan Clarifies Michael Jordan’s Comments About Larsa Pippen Relationship

July 5, 2023 by newhiphopnews

While out in Paris, Michael Jordan was asked about his son’s relationship with Larsa Pippen. Marcus Jordan is currently dating Larsa, the ex-wife of Michael’s long-time Bulls teammate Scottie. Initially laughing off the question, Michael finally answered “no” when asked if he approved of the relationship. This, of course, sparked a whole lot of drama. Larsa and Marcus are a major power couple right now, especially with the launch of a podcast in which they very openly talk about their relationship.

But does MJ actually disapprove of his son’s relationship? Or was his answer while swarmed by paparazzi taken out of context? Well, according to Marcus, it looks like this was all just a big misunderstanding.

MJ Does Approve Of Larsa Pippen

Marcus Jordan Larsa Pippen — LOS ANGELES, CA – FEBRUARY 13: Marcus Jordan and Larsa Pippen are seen on February 13, 2023 in Los Angeles, California. (Photo by TWIST/Bauer-Griffin/GC Images)

Speaking with Entertainment Tonight, Marcus confirmed that his family have no problem with Larsa, or their relationship. “We spent Thanksgiving together last year, and my family loves her. They think she’s great,” Marcus Jordan said. “And ultimately, I think my family just wants to see me happy. And so as long as I’m happy, they’re happy with whoever I’m dating. Everybody had an opinion at first, I think there was some shock and interest early on. But I think that was the whole point of us trying to spend some family time together during the holidays. At least for me, if we’re gonna be in the media, I kind of need to introduce you to my mom and my mom’s side and my dad’s side. And so, I think that went well and so far, so good.”

However, ET pushed Marcus to address the rumors that his father didn’t approve of the relationship. “We got the Michael Jordan stamp of approval on Larsa,” Marcus confirmed. Unless MJ is about to drop a bomb on his son in the worst possible way, it appears that Michael’s comments were taken out of context in Paris. If one was to speculate, he may have been saying “no” to the question itself, not as an answer to it. Regardless, it’s good to get some clarification on this small slice of drama.

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Michael Jordan Expresses Disapproval of Son’s Relationship with Larsa Pippen

July 5, 2023 by newhiphopnews

NBA legend and Hall of Famer Michael Jordan has made it clear that he does not approve of his son’s relationship with Larsa Pippen, the ex-wife of his former teammate Scottie Pippen. The strained relationship between Jordan and the Pippen family has taken a new twist, with Jordan expressing his disapproval of the controversial pairing. […]

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Fat Joe Reveals How Michael Jordan Helped His Sneaker Store

July 4, 2023 by newhiphopnews

If you are a fan of Fat Joe, then you know just how big of a sneakerhead he truly is. Overall, he has a massive collection that is truly impressive. Moreover, he even has his own chain of sneaker stores called Up NYC. These stores are all over New York, and they offer the best in new sneakers and streetwear. The store continues to be a success, and the artist loves being in charge of it. But as it turns out, the road to starting the store wasn’t always easy.

Recently, the legendary artist was on The Eli Manning Show. During Fat Joe’s appearance, he spoke on how he got Up NYC up and running. As it turns out, Nike wasn’t going to let him sell their sneakers at first. In order to have a Nike contract, you need to be vetted. However, Fat Joe was able to seek out Michael Jordan, who ultimately gave him the go-ahead. Needless to say, it’s good to have connections at your disposal.

Fat Joe Thanks MJ

LOS ANGELES, CALIFORNIA – JUNE 25: Fat Joe attends the BET Awards 2023 at Microsoft Theater on June 25, 2023 in Los Angeles, California. (Photo by Paras Griffin/Getty Images for BET)

“He was like, ‘Yo, you got permission?’ I said, ‘What permission?’ He was like, ‘Nah, you gotta get sanctioned you gotta get vetted.’ I was like, ‘Nah, I thought we was cool,’” Fat Joe recounted. “That night Jordan had a party in New York. I’m up in the party and you hear this just big voice, ‘Big Joe, Big Joe.’ And I turned around and everybody looks and it’s Michael Jordan. He said, ‘Your grand opening, I’ll be there. Your grand opening, I’m there.’ The same guys that told me no ran over, ‘I guess you got a store.’”

This was great timing and it was also quite a bit of luck. However, sometimes that is necessary on your way to success. If you want to catch the whole episode of Fat Joe on Eli Manning’s show, you can check it out at the via link below. Let us know what you think of this story, in the comments section below.

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Michael Jordan Reveals He Doesn’t Approve Of Larsa Pippen

July 3, 2023 by newhiphopnews

Michael Jordan is one of the greatest athletes of all-time. Recently, the NBA legend decided to sell his stake in the Charlotte Hornets. Subsequently, he got a multi-billion-dollar payday that makes him a lot richer than he was before. However, the financial freedom doesn’t necessarily take away from some of his familial happenings. For instance, his son Marcus Jordan is currently dating the likes of Larsa Pippen. Of course, she is the ex-wife of MJ’s teammate, Scottie Pippen.

Overall, there have been all sorts of rumors about Mike trying to orchestrate this relationship. However, none of this has been backed up. Instead, Marcus and Larsa have been speaking on their own relationship thanks to their new podcast. This new venture has gotten a lot of eyeballs, and it has only made their relationship that much more prominent. Although, as it turns out, Michael Jordan does not approve.

Michael Jordan Speaks

MIAMI, FLORIDA – MAY 08: Basketball legend Michael Jordan walks in the Paddock prior to the F1 Grand Prix of Miami at the Miami International Autodrome on May 08, 2022 in Miami, Florida. (Photo by Dan Istitene – Formula 1/Formula 1 via Getty Images)

According to TMZ, Michael Jordan was in Paris. While heading to his car, he was swarmed by cameras. In a video from Backgrid, MJ is asked whether or not he approves of his son’s new girlfriend. A man of few words, Jordan simply says “No” and shakes his head when asked a second time. Needless to say, this was not a ringing endorsement of Pippen. Moreover, it puts to bed the notion that Jordan somehow orchestrated this entire thing.

With this latest revelation in mind, it will be interesting to see if Marcus and Larsa respond. After all, Michael Jordan’s comments are something that people have been waiting on for quite some time. What do you think of what the six-time champ had to say? Let us know in the comments section below. Also, stay tuned to HNHH for more news from the entertainment world and beyond.

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LaMelo Ball’s Staggering New Contract With Charlotte Hornets

July 3, 2023 by newhiphopnews

LaMelo Ball became an instant star when he was drafted by the Charlotte Hornets in the 2020 NBA Draft. Hornets fans welcomed Ball and his exciting brand of basketball to a town desperate for a winner. In his short three years in the league, Ball hasn’t disappointed when taking the floor. The former Rookie of the Year has helped lead the Hornets to two appearances in the play-in tournament. However, the team has failed to reach the NBA Playoffs in those years. But that didn’t stop the Hornets from making sure that Ball’s future will be in Charlotte.

It was recently announced that Ball is staying with the Hornets after signing a five-year $260 million extension. The signing is a strong statement by a franchise looking to move in the right direction. Unfortunately, last season, Ball dealt with a severe ankle injury that has plagued him for most of his run in Charlotte. However, the organization nor Ball see any serious ramifications from the lengthy time missed. But it does make Charlotte fans wonder if the young guard will be durable during his massive contract extension.

LaMelo Ball Contract Extension Is The New Wave Of NBA Contracts

The franchise should be somewhat suspicious of big contracts. As the team has yet to receive the full potential from their most recent free agent signing splash in Gordon Hayward. While Hayward’s play has been solid for the team, it is his availability that has been a concern. In his three years with the team, Hayward hasn’t appeared in 60 games during a single season. Which could be a big reason as to why the team selected Alabama forward Brandon Miller in the 2023 NBA Draft. However, Hayward’s spot on the team this season should be considered safe.

A nearly $300 million contract isn’t a rarer occurrence in the league these days. However, handing that type of money out comes with massive responsibility. With this contract, the Hornets are telling Ball they believe in him. However, that doesn’t mean that this situation is destined for a fairytale ending. Should the Hornets have extended LaMelo Ball to such a large contract? Will Ball continue to help make the franchise competitive? Let us know what you think in the comment section. For the latest news in sports, keep it right here with HNHH.

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Larsa Pippen Blames Relationship For OnlyFans Backlash

June 27, 2023 by newhiphopnews

Larsa Pippen made a lot of headlines when it was announced that she was in a new relationship. However, the news of being in a relationship isn’t what sent shock waves around pop culture media. But rather, who Pippen was now seeing was the center point of every conversation for weeks. Pippen and her boyfriend, Marcus Jordan, have always been unashamed of their relationship. You might think the last name Jordan sounds oddly familiar. That’s because it is. Jordan is the son of, you guessed it, Michael Jordan.

Yes, the Micheal Jordan. The one who will forever be linked to Pippen’s ex-husband, Scottie. Whatever the case may be with the family drama, it seems that Pippen and Jordan are happy together. That’s Larsa and Marcus. Scottie and Michael don’t seem to be on speaking terms, with the way Scottie has talked about Michael’s game recently. Anyway, we’re not here to discuss those two. But rather a question that was brought up to Larsa and Marcus on their podcast.

Larsa & Marcus Tackle The Podcast World

Larsa Pippen Says Marcus Jordan Relationship Bad For OnlyFans Business https://t.co/qzLMCEvNbj

— TMZ Sports (@TMZ_Sports) June 27, 2023

Pippen and Jordan released a new podcast Separation Anxiety. On a recent episode, Jordan was asked about how he felt about Pippen’s OnlyFans account. Unless you’ve been living under a rock, OnlyFans is an account featuring adult content in which fans can purchase. While answering the question, Jordan said he would never stand in the way of Pippen earning an income. Although he reiterated that the Pippen having an account doesn’t bother him.

Pippen stated that she believes their relationship has hurt her account due to fans being unhappy that the pair are in a relationship. But whatever the case may be, we can all agree that the path to this relationship had to be a strange one. It’s not every day that you see a guy start a relationship with one of his father’s former teammate’s ex-wife. Something tells me this relationship has a Lifetime movie written all over it. For the latest in sports and pop culture, keep it right here with HNHH.

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Charles Barkley Tells Hilarious Michael Jordan Olympic Story

June 27, 2023 by newhiphopnews

Charles Barkley has become everyone’s favorite uncle in the NBA. The Hall of Famer has long hung up his shoes and has been the voice of the fans for a generation. However, there was a time when “Sir Charles” was one of the great competitors in the sport. So competitive that he would even go at Shaq ready to fight. But there was one competitor during Charles’ days on the court that would never let his competitive spirit fade. You may have heard of him. He’s the one everyone wanted to be like.

Michael Jordan is the game of basketball to an entire generation. If you were to debate the greatest of all time with a Mike supporter, your argument would be disregarded. However, one of the things that made Mike so special was his competitive nature. Over the years, stories have been told about just how much Jordan wants to be the best. Recently, Barkley revealed a hilarious story on how competitive Jordan can genuinely be.

Charles Barkley Recalls MJ’s Competitive Nature

Barkley remembers the day that Team USA met Puerto Rico in the 92 Olympics when Jordan played 36 holes of golf before the game. While that sounds ridiculous enough, Barkley went on to tell how Jordan wanted to guard the point guard of the Puerto Rican national team. All because Jordan read in the papers that the player said something about him. Barkley recounts that Jordan guarded the guy like the NBA championship was on the line. Listen to the clip of the story in the video above.

The legend of Jordan continues to grow even though he hasn’t played professionally in over 20 years. Barkley’s story is just another reason why many believe the Chicago star is the greatest to play the game. All athletes have a competitive nature. However, only a select few are willing to do everything it takes to sit on top of the mountain. The greatest of all debates must be stopped, as many athletes deserve praise. However, there’s never been, and they’ll never be, another Michael Jordan. For the latest news in sports, keep it right here with HNHH.

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