Most people remember Michael Jordan for six NBA championships and a sneaker empire that reshaped culture. But here’s something thFirst and foremost, most people know Michael Jordan for six NBA titles and a sneaker brand worth billions. However, there’s a side of MJ that most articles get completely wrong. In fact, Michael Jordan’s yacht collection in 2026 is one of the most misreported topics in celebrity news. So, if you want the full truth — the real vessels, the real costs, and the real 2026 update — you’re in exactly the right place.
What Is Michael Jordan’s Yacht Called? The True Story Behind M’BRACE
First, let’s clear up the name. Jordan’s main superyacht is called M’BRACE. Furthermore, most people don’t know that this ship didn’t start as his. It launched in 2018 under the name Elandess, built for British billionaire Lloyd Dorfman, the founder of Travelex. However, Jordan bought it in December 2022 in Mallorca, Spain. As a result, he renamed it M’BRACE — a name that reflects his personal approach to living life fully.
In addition to that, here’s the correction every other article misses. The yacht called “Joy” does not belong to Jordan. In fact, Joy belongs to Indian billionaire Sameer Gehlaut. Jordan has chartered it before. But he doesn’t own it. Therefore, any article that lists Joy as Jordan’s yacht is simply wrong. Knowing this gives you a much more accurate picture of his real assets.
Meet Catch 23: The Custom Fishing Boat Most Articles Completely Ignore
Besides M’BRACE, Jordan owns a second boat that tells you far more about who he really is. Catch 23 is an 82-foot custom fishing boat built by Bayliss Boatworks in North Carolina. Moreover, Jordan ordered it brand new in 2024 — it’s not a used vessel. Specifically, he built it for serious deep-sea tournament fishing, not just relaxing on the water.
Not only does the boat carry his famous Jordan Brand elephant print across the entire hull, but it also features tournament-grade fishing equipment throughout. Furthermore, Jordan uses it to compete in real fishing tournaments — including the White Marlin Open in Maryland and the Big Rock Blue Marlin Tournament in North Carolina. As a result, Catch 23 isn’t a status symbol. It’s a working fishing machine.
Rather than staying in hotels, Woods famously docks his Tiger Woods Yacht at nearby marinas during the US Open to avoid the chaos of the tournament scene.
Michael Jordan’s Full Yacht Fleet: The 2026 Comparison Table
To summarize everything clearly, here’s a full side-by-side breakdown of all three vessels people connect to Jordan:
| Feature | M’BRACE (Superyacht) | Joy (Charter Only) | Catch 23 (Sportfisher) |
| Value | $115M – $150M | $80M (not MJ’s) | ~$15M |
| Length | 244 ft (75m) | 230 ft (70m) | 82 ft |
| Builder | Abeking & Rasmussen, DE | Feadship, Netherlands | Bayliss Boatworks, NC |
| Year Built | 2018 | 2016 | 2024 |
| MJ Acquired | Dec 2022, Mallorca | Charters only | 2024 — new build |
| Guests / Crew | 12 guests / 24 crew | 12 guests / 19 crew | 8 guests / 2 crew |
| Annual Cost | ~$10M/year | $800K/week charter | ~$1M/year |
| Key Feature | Observation lounge, tender garage | Basketball court, spa, cinema | Elephant print hull |
| MJ Owns It? | YES — Confirmed | NO — Sameer Gehlaut owns it | YES — Confirmed |
Important note: Joy is included here for comparison only. Sameer Gehlaut owns it — not Jordan.
Inside Michael Jordan’s Superyacht: Every Feature on M’BRACE
First of all, M’BRACE measures 244 feet from bow to stern. That’s longer than an Olympic swimming pool by nearly 50 feet. Abeking & Rasmussen, a German shipyard founded in 1907, built the vessel. Additionally, the interior design came from Harrison Eidsgaard, whose clean and modern style runs throughout every cabin and lounge.
Moreover, the list of features on this yacht reads like a five-star hotel brochure. For example, the boat includes an observation lounge with full sea views, an outdoor bar and sun deck, and a swimming platform at the stern. In particular, the underwater lights turn any evening swim into something truly special. Here’s the full features list:
- Tender garage — stores extra boats and water sports gear
- Observation lounge — panoramic views across all decks
- Underwater lights — lights up the ocean around the hull at night
- Sun deck and outdoor bar — perfect for entertaining guests
- Foredeck seating — a quiet spot at the front of the boat
- Swimming platform — direct step-off access to the ocean
- Outdoor shower — right at the waterline
Cabins and Crew: What 244 Feet Actually Looks Like
Specifically, M’BRACE sleeps 12 guests across 8 private cabins. Moreover, a full crew of 24 professionals runs every part of the boat — from navigation to cooking to cleaning. As a result, guests don’t lift a finger. In other words, it’s less a yacht and more a private floating hotel that crosses oceans.
While his rivals spend millions on superyachts, the truth about Elon Musk Yacht ownership is that he famously refuses to own one.
How Much Does Michael Jordan’s Yacht Cost Per Year? The Real $10M Breakdown
To begin with, every website quotes the $10 million annual figure. However, none of them explain where that money actually goes. Furthermore, the real breakdown shows just how many moving parts go into running a 244-foot vessel. For instance, crew salaries alone eat up $2.5 million every year:
| Cost Category | Est. Annual Cost | What It Covers |
| Crew Salaries | ~$2.5M | 24 professional crew members |
| Fuel | ~$2.8M | Main engines and tender boats |
| Port Fees and Docking | ~$1.5M | Mediterranean avg $15K per night |
| Insurance | ~$1.2M | Full vessel coverage |
| Drydock and Repairs | ~$1.5M | Mandatory every 5 years by law |
| Food and Provisions | ~$500K | Gourmet catering for all guests |
| TOTAL | ~$10M/year | Full annual running cost estimate |
In addition to these regular costs, Jordan also faces drydock repair bills. By law, large vessels must go into drydock every five years for full inspection and repairs. For a boat this size, that costs $3–$5 million each time. As a result, Jordan sets aside around $1.5 million per year just to cover this requirement. Moreover, luxury depreciation hits hard — the boat loses value every year it’s on the water. In other words, $10 million is the price of keeping a $115 million asset in peak condition.
Where Is Michael Jordan’s Yacht in 2026? The Full Location Update
Currently, M’BRACE keeps a home port near Jupiter, Florida, which is where Jordan lives. Furthermore, the boat spends most of its active time in European waters from May through September every year. For example, in the summer of 2025, the boat appeared in Croatia — stopping in Dubrovnik, sailing near Skradin, and anchoring off Lokrum Island.
Additionally, Mediterranean marinas charge an average of $15,000 per night for a boat this size. Therefore, Jordan spends roughly $450,000 per month just on parking fees when the boat is in European waters. As a result, this alone adds $1.5–$2 million to his annual bill during the sailing season. In short, owning a superyacht means paying premium prices in every port you visit.
Michael Jordan’s Net Worth in 2026: How His Yachts Fit His Financial Strategy
According to Forbes, Jordan’s net worth currently sits at $3.5 billion. Furthermore, the biggest single event that grew his wealth came in 2023 when he sold his Charlotte Hornets stake for approximately $3 billion — a profit of $2.25 billion. However, Jordan didn’t just sit on that cash. Instead, he moved it into real estate, a $70 million private jet, and his yacht fleet.
In total, his two confirmed yachts are worth roughly $130–$165 million combined. As a result, they represent around 4–5% of his entire portfolio diversification strategy. Moreover, many wealth advisors suggest that ultra-rich individuals keep up to 10% in physical lifestyle assets. Therefore, Jordan’s yacht spending actually falls on the conservative side for someone at his level. He built $3.5 billion by being smart with money. Clearly, that habit hasn’t changed.
Michael Jordan’s Yacht vs Other Athlete Superyachts in 2026
By comparison, most famous athletes don’t come close to Jordan’s level of yacht ownership. For instance, LeBron James doesn’t own a comparable superyacht. Tiger Woods sold his 155-foot vessel called Privacy back in 2017. Floyd Mayweather, on the other hand, charters yachts rather than buying them outright. As a result, Jordan stands nearly alone in the athlete-turned-billionaire category.
However, among the wider world of billionaires, M’BRACE sits in the upper-middle tier. Specifically, it’s well above the typical luxury yacht market but sits below the truly massive vessels owned by tech billionaires. For example, Jeff Bezos owns a 417-foot yacht. Nevertheless, at $115 million, Jordan’s boat is a genuinely elite vessel. Furthermore, for a man who earned just $94 million in NBA salary and turned it into $3.5 billion, it’s a remarkable achievement.
Frequently Asked Questions: Michael Jordan’s Yacht 2026
What is Michael Jordan’s yacht called?
Jordan’s main superyacht is called M’BRACE. He also owns a custom fishing boat named Catch 23, built by Bayliss Boatworks in 2024.
How much is Michael Jordan’s yacht worth in 2026?
M’BRACE is valued between $115 million and $150 million. His sportfisher Catch 23 is worth around $15 million, bringing his total yacht fleet value to roughly $130–$165 million.
Does Michael Jordan own the yacht Joy?
No — Jordan does not own Joy. That yacht belongs to Indian billionaire Sameer Gehlaut. Jordan has chartered it before, but it has never been part of his confirmed asset portfolio.
How much does Michael Jordan’s yacht cost per year?
Running M’BRACE costs around $10 million per year. That covers crew salaries, fuel, port fees, insurance, and mandatory drydock repairs every five years.
Where is Michael Jordan’s yacht in 2026?
M’BRACE primarily sails in Mediterranean waters from May to September. In summer 2025, it was tracked in Croatia — visiting Dubrovnik, Skradin, and Lokrum Island.
Final Thoughts: A Fleet That Reflects a Champion’s Mindset
Ultimately, Jordan didn’t just buy a boat. He built a fleet that reflects every part of his identity. Moreover, from the heritage craftsmanship of M’BRACE to the tournament-ready Catch 23, every vessel serves a clear purpose. Above all, each boat tells a story about a man who competes in every arena he enters — even on the water.
In conclusion, Michael Jordan’s yacht story in 2026 goes well beyond luxury. As a result of decades of smart decisions, Jordan now owns a maritime collection that stands apart from any other athlete alive today. Furthermore, the $10 million annual cost isn’t waste — it’s the operating budget of someone who refuses to do anything halfway. Jordan has never settled for second place. His yachts make that very clear.
