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 Sports

Union appeals Rice’s indefinite suspension by NFL

Fresh
Baltimore Ravens running back Ray Rice sits on the sideline in the second half of an NFL preseason football game against the San Francisco 49ers, Thursday, Aug. 7. Rice was suspended by the NFL for the first two games of the regular season, but was cut by the Ravens before he could serve out the suspension. Photo: Associated Press/Nick Wass

Rice was originally handed a two-game suspension in July under the NFL's personal conduct policy after he was charged with assault following a Feb. 15 altercation with his then-fiancee in a casino elevator.

in Entertainment

CBS: Rihanna out of NFL telecast

In this Sept. 24 photo, Rihanna performs in Perth, Australia during the first concert of the Australian leg of her Diamonds World Tour. Photo: Associated Press

CBS and Rihanna are splitting up after more fallout from the Ray Rice incident.

in Local Sports

UW basketball TV schedule released

uw university of washington huskies new court

The University of Washington and the PAC-12 have released the television broadcast schedule for the 2014-15 basketball season.

in Sports

Sacramento Kings to retire Stojakovic’s jersey

Sacramento Kings' Vlade Divac, left, and Peja Stojakovic chat on the bench during the first quarter of Sacramento's preseason game against the Cleveland Cavaliers in Los Angeles, Thursday, Oct. 24, 2002. The Kings won 115-94.

The Kings announced Tuesday that Stojakovic's jersey will be retired when they host Oklahoma City on Dec. 16

in Sports

Anheuser-Busch ‘disappointed’ in NFL

A large image of the Anheuser-Busch Clydesdales adorns the side of the company's headquarters and primary brewery Tuesday, May 27, 2008, in St. Louis. Reports that the company might be purchased by Belgium-based brewer InBev have residents worried they might lose a company as closely identified with St. Louis as the iconic Gateway Arch downtown.

The beer giant issued a statement on Tuesday saying it was "disappointed and increasingly concerned" by recent incidents with the NFL.