Jordan, Beckham richest retirees in sports

Jordan, Beckham richest retirees in sports

Retired NBA superstar Michael Jordan and soccer legend David Beckham are the richest retirees in sports, according to a recent Forbes study.

The six-time NBA champion and current owner of the Charlotte Hornets, Michael Jordan emerged no. 1 on Forbes richest list for 2015 with $110 million. The 53-year old Jordan, who retired from basketball in 2003, will be worth $1.1 billion with the addition of his endorsement deals with Nike. He will make $30 million more than any other athlete, active or retired as reported by Yahoo Sports.

- Advertisement -

Second in the list is British football superstar David Beckham. The former LA Galaxy star is valued at $65 million. He is partnering with an investment group and is now in the early stages of launching an expansion team in Major League Soccer. His 5-year pact with British fashion brand Kent & Curwen is worth $8 million annually plus the royalties for the collection. He also has a pact with Chinese real estate firm Luneng, which is worth over $5 million a year.

Retired golfer Arnold Palmer ranks third in the list. Although his health has deteriorated over the years, Palmer is still making big money. He owns the Arnold Palmer-branded stores which have 500 branches in Asia alone. His line of iced tea lemonade drinks account for a quarter of revenues of AriZona Beverage Co. Palmer also, already owns the Bay Hill golf resort for more than 40 years. He makes $40 million a year.

At fourth is former Milwaukee Bucks guard Junior Bridgeman. He had a solid 12-year career in the NBA mostly as a sixth man, but in the world of business, he is one of the best. His Bridgeman Foods is operating over 450 franchises including Wendy’s, Chili’s, and Fazoli’s. Bridgeman is worth $32 million.

Carolina Panthers owner Jerry Richardson rounds out the top five with his $30 million. He has made a fortune as a restaurant magnate.

Leading the women’s list is Chinese tennis star Li Na. The 34-year old former Australian Open and French Open champion make $34 million thanks to her iconic endorsements in her homeland of China.

Photo Courtesy: Robertgestudios/