The NBA legend has dropped a jaw-dropping $70 million on a customized private jet, which nods to his iconic line of Air Jordan sneakers.

NBA legend turned businessman Michael Jordan has a new toy. And its $70M price tag has the internet buzzing. Jordan recently purchased a customized private jet – complete with an Air Jordan-themed paint job.

Michael Jordan is taking luxury to new heights — literally. The NBA legend has dropped a jaw-dropping $US70 million – about $A103 million – on a customised private jet, which nods to his iconic line of Air Jordan sneakers.

Michael Jordan's new private jet has a uniquely patterned paint job that includes the Jumpman logo. The G650ER is popular with many billionaires.

Michael Jordan purchased a brand new $70 million custom Gulfstream G650er jet wrapped in his trademark Air Jordan branding, joining elite owners like Jeff Bezos and Elon Musk, who also have the model

Michael Jordan has dropped a jaw-dropping $US70 million ($A103 million) on a customised private jet, which pays tribute to his iconic line of Air Jordan sneakers.

After a lengthy negotiation, Michael Jordan finally sold his mansion in Chicago, which had been on the market since 2012, and used the money to invest in a private jet.

NBA legend Michael Jordan does not hold back when it comes to comfort, especially regarding means of transportation. The Chicago Bulls icon, with a fortune estimated at $3.5 billion, spent $70 million on a Gulfstream 650E private jet customized to his requirements.

Although it would be nice to sit next to Michael Jordan while both of you are jetting off to a warm location, this wish is unlikely to happen as the retired athlete has now secured an impressive custom-built $70 million jet.

NBA legend Michael Jordan does not hold back when it comes to comfort, especially regarding means of transportation. With a fortune estimated at $3.5 billion, the Chicago Bulls icon spent $70 million on a Gulfstream 650E private jet customized to his specifications.