News

Michael Jordan is first sports billionaire

Michael Jordan is first sports billionaire

BILLIONAIRE BOYS CLUB: Michael Jordan is rolling in the dough. Photo: Associated Press

Basketball icon Michael Jordan has become the sports world’s first billionaire, according to Forbes magazine.

The basketball Hall of Fame star, footwear giant and team owner is now the only athlete in the billionaire’s club.

The financial publication’s experts estimate Jordan became a billionaire earlier this year, thanks to his increased share in the Charlotte Hornets basketball franchise.

Forbes bosses previously prematurely bestowed the ‘billionaire’ honor on Tiger Woods, but his fortune dropped after the cheating scandal that ended his marriage cost him major endorsements and money.

Recent Headlines

in Entertainment

Love Hulu but hate the ads?

hulu

Hulu is rolling out an ad-free version of its subscription service.

in Entertainment

Cate Blanchett to play Lucille Ball in new biopic

cateblanchett

The movie will chronicle the entertainer's 20-year marriage to Desi Arnaz, her "I Love Lucy" co-star.

in Music

Avril Lavigne splits from Chad Kroeger

25-overlay3

The "Sk8er Boi" hitmaker, 30, wed the Nickelback frontman, 40, in July, 2013 after a whirlwind romance.

in Trending, Viral Videos

TODAY’S MUST SEE: Stephen Colbert takes on Jeb Bush’s VIP ticket offer

14-overlay1

For a $3 campaign donation, you can enter a raffle for a VIP ticket to the very first "Late Show With Stephen Colbert." Great idea ... but maybe you should have asked the show host first.