Michael Jordan hit the club in San Diego this weekend … dancing his face off and sipping VERY expensive tequila … and TMZ Sports has the footage.

MJ and his wife — along with NFL star Dwight Freeney — rolled up to Parq Restaurant & Nightclub on Saturday night where he got his own private VIP area … with security watching his back the whole time.

We’re told Jordan was drinking a bottle of Clase Azul Ultra tequila … which runs roughly $4,000-a-pop inside the club … because he’s frickin’ Michael Jordan and money is absolutely no object.