The best NBA player of all time was Michael Jordan. He has had a lot of success on and off the court, and he is one of the few athletes to become a billionaire.
But Jordan would have had even more money if he hadn’t gotten divorced from Juanita Vanoy, his first wife. Many fans don’t know much about Jordan’s personal life and don’t know that his divorce settlement at the time was the biggest ever for a celebrity.
Who Is Michael Jordon?
Michael Jordan is a former American basketball player who now owns a team, promotes products, and runs his own business. The amount of money Michael Jordan has is $2.2 billion. Michael Jordan is probably still the most famous basketball player in the world.
Michael Jordan is the player and person that everyone else tries to match up to. The press is always looking for the “next Michael Jordan,” and every season, a new player is crowned (or saddled) with the title. In the meantime, Michael Jordan continues to enjoy his semi-retirement, his many endorsement and development deals, and his reputation as the best basketball player of all time.
Six NBA championships were won by the Chicago Bulls under Jordan’s direction. He has won league MVP five times. He has the highest career scoring average of all time, and on September 11, 2009, he was inducted into the Hall of Fame.
As you probably know, Michael’s NBA salaries did not make him a billionaire. Michael made a total of $93.7 million during his time in the NBA. By comparison, LeBron James will have made over $500 million in NBA salary by the time he retires. Michael Jordan was paid a lot when he played in the NBA, but he didn’t get the huge deals that came along in the years after he left.
Michael was the first athlete in history to make a salary of more than $30 million a year. During the 1996-1997 season, when he made $30.14 million in base salary, he did this. He made $33.14 million the next season. Taking inflation into account, that would be the same as making $53.4 million today.
Who Is Juanita Vanoy?
Juanita Vanoy Jordan used to be a model in the United States. She was married to NBA player Michael Jordan, who is now in the Hall of Fame. She was born on June 13, 1959, and grew up on Chicago’s South Side. She used to be a model, and she also used to work as an executive secretary for the American Bar Association.
In 1984, Michael Jordan and Juanita Vanoy met at a Bennigan’s restaurant in Chicago. A friend they both had put them in touch with each other. A few weeks after they met for the first time, they saw each other again at a party thrown by a mutual friend. Read about Stephen Colbert
Then they went on regular dates with each other. Michael asked Juanita to marry him on December 31, 1987. They were at Nick’s Fish Market in Chicago at the time. Even though Juanita said yes to the proposal, they decided not to get married. It had been almost a year before they both talked about getting married again.
Michael Jordan, who was 26 years old at the time, and Juanita Vanoy, who was 30, got married at the Little White Wedding Chapel in Las Vegas at 3:30 a.m. on September 2, 1989. On the day of their wedding, Michael Jordan’s wife was given a five-carat marquise diamond ring.
Three beautiful children were born to Michael Jordan’s wife. Jeffrey Michael Jordan is their oldest child. He was 10 months old when his parents got married. On November 18, 1988, Jeffrey Michael came into the world. On December 24, 1990, they were blessed with another child. His name is Marcus James Jordan. Jasmine Mickael Jordan, who was born on December 7, 1992, is their only daughter and also their youngest child.
Michael Jordon Divorce
In January 2002, Michael Jordan’s wife asked for a divorce, saying that they couldn’t get along anymore. But soon after, they got back together, and Juanita took back the divorce petition.
On December 29, 2006, Michael and Juanita filed for divorce again. Both of them agreed that they wanted to end their 17-year marriage.
“Michael and Juanita Jordan have decided to end their 17-year marriage on good terms,” they said in a statement after they filed for divorce. “Today, a decision was made that their marriage should end. No more statements will be made.” Read about Tina Turner
Jordan’s ex-wife got a settlement of $168 million, which at the time was the most expensive divorce settlement in the history of the entertainment industry. This is equal to $246 million in the year 2022. Juanita also got a Chicago mansion on seven acres.
Jordan also paid more than $2 million in legal fees on top of the divorce settlement. The fact that the six-time NBA champion made $94 million from his contracts in the league makes this situation even more interesting.