“Michael Jordan spent nearly a decade’s worth of salary on medical centers”: How $17 million from Bulls legend led to several medical facilities in the Charlotte area

Michael Jordan spent a whopping $17 million on medical facilities in Charlotte which is close to his salary his first 9 years in the league. 

Michael Jordan may have earned a criminally low amount of money during his time in the NBA but it didn’t stop him from building a financial empire. Apart from making over $60 million during his 1997 and ‘98 seasons combined, he never earned more than $4 million a year. 

Of course, adjusting for inflation, Jordan would’ve earned about $152 million throughout his career in the league but even that pales in comparison to max contracts that are being handed out these days.

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It is however, a well known fact that Michael Jordan earns most of his money from Jordan brand along with several other endorsements and investments. While he may use his $1 billion+ net worth to purchase lavish yachts and supercars, he’s also used it to do an immense amount of good for the general public. 

Michael Jordan has spent nearly $20 million on building medical facilities. 

Having grown up in North Carolina, Michael Jordan feels a certain level of kinship towards the city that has the only NBA team in the state: Charlotte. Jordan has a majority stake in the Charlotte Hornets and is their owner. He’s also made sure to do good in the city after buying the Hornets.

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In 2019, MJ realized that good quality medical facilities weren’t affordable to low-income families. Using his vast net worth, he donated a total of $ 7,00,000 to build two separate ‘Michael Jordan Family Medical Clinics’ (each costing $3.5 million) by partnering up with Novant Health.

Two years down the line in 2021, Jordan committed $10 million more to opening two more medical clinics, bringing his total up to $17 million spent just on these centers. 

In comparison to how much he earned in the NBA, it took, him his first 9 seasons in the league to earn an amount that was close to $17 million. Of course, this number pales in comparison to the literal $100 million he’s donated in total to various charities over the years.