Install

Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Be Like Mike: Rich

NEW YORK () -- For the fourth consecutive year Michael Jordan was the highest-paid athlete this year, not because of his duties on the basketball court, but for his image off it which earned him more than $40 million.


The second highest-paid professional athlete, according to a Forbes magazine list to be published Dec. 18, was boxer Mike Tyson, whose out-of-ring personality was worth nothing to sponsors.


But the former heavyweight champion raked in $40 million for 89-seconds of work last August and a bonus for the promise of more fights, following his release from prison last March.


Jordan's return to the basketball court, after a brief and mediocre career in minor-league baseball, earned him $3.9 million from the Chicago Bulls and the chance to add to his endorsement contracts for his total of $43.9 million.