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 Local

Frerichs Releases Treasurer’s Office Audit

frerichs

The state treasurer says an independent review of his office has found problems with an internship program and a college scholarship program that needs a complete overhaul.

in Local

Jobe Supports Historic Preservation Agency Consolidation with DCEO

jobeuber

Illinois' historic sites are -- if the governor gets his way -- on their way to being part of an expanded Illinois Department of Commerce and Economic Opportunity.

in Local

Langfelder Updates on Transition

3-11-15 Langfelder

What does Springfield Mayor-Elect Jim Langfelder expect his transition team to help him with?

in Local

Lincoln Funeral Coalition: Still No Word on Obama Appearance

lincoln

"I've not heard from the Secret Service, so I don't know that [Obama will be coming]."

in Local

Welcoming Centers for Immigrants Affected By Funding Cuts

immigration

The immediate cuts to immigrant services include closing 10 welcoming centers around the state.