DeMar DeRozan Buys House From Michael Jordan’s Ex-Wife For Astonishing Amount

Chicago Bulls legend Michael Jordan had an illustrious NBA career. Jordan’s professional basketball career made him a millionaire due to multi-million dollar contracts. Retiring from the sport where fans consider him as the ‘GOAT’, he has continued his success off the court. Jordan is one of the world’s richest sports personalities. He still makes money off his brand deals and varied investments.

DeMar DeRozan, a Chicago Bulls player, recently purchased a property from Jordan’s ex-wife, Juanita Vanoy. According to ‘The Real Deal’, DeRozan bought the River North property in Chicago for a reported $4.5 million. Juanita acquired the River North mansion in 2007, one year after her 2006 divorce with Jordan. Juanita placed the property on sale in the market in June.

DeRozan signed a fresh three-year, $85 million contract in August with the Bulls. His new lavish mansion encompasses a five-stop elevator, recreation and billiard room, library, three-car heated garage, and four fireplaces. The six-bedroom, 10,200 square-foot home is the Chicago area’s 65th home sale over $4 million this year.

Michael Jordan, a six-time NBA champion, had an expensive divorce with his ex-wife Juanita Vanoy Jordan. Jordan paid her $168 million in a divorce settlement in 2006. Jordan separated with his wife Juanita Vanoy after 17 years of marriage. It resulted in her acquiring a few shared properties. Juanita received the Lake Shore Drive penthouse they purchased for about $3 million in 1990.

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Michael Jordan’s net worth and wealth

Alongside being a six-time NBA Finals MVP, Michael Jordan also earned $93.7 million during his NBA career. His 1996-97 NBA season guaranteed him a base salary of $30.14 million. The salary made him the first athlete in history to earn over $30 million per year.

Jordan’s astonishing net worth of $2.2 billion guarantees his billionaire status. He also owns the Charlotte Hornets, a franchise in the NBA. Jordan’s brand endorsements alone earn him an estimated $100 million per year. His Air Jordan brand with Nike makes him approximately $60 million through royalties. The NBA legend has clearly maintained his success off the court as he rakes in the big bucks.

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