Considered the greatest in NBA history, Michael Jordan is making a profit with his eponymous brand.
Legends of NBA history Michael JordanIn addition to its successes, it is frequently mentioned with its income in the business world. Historian Jon Erlichman Nike He gave information about Jordan’s collaboration with him.
Nike, Michael Jordan Chicago bulls won with NBA They shook hands in 1984, before their championship. The US sports supply firm saw a talent that no one else had seen in Michael, a talent who might one day be the best basketball player in the world.
In the company’s initial estimates, he was planning to earn them $3 million with his first 4-year Nike contract with Michael Jordan. But Jordan broke new ground in the NBA and things took a different direction.
Making a fortune in a day
From the first month of sales, Nike realized that Michael Jordan was a brand in its own right. Jordan has become a cultural phenomenon that drives people around the world crazy for his shoes. Today, the unforgettable star earns Nike $3 million every 5 hours under the ‘Air Jordan’ brand. Jordan, on the other hand, receives $410k a day from his business partner. According to Forbes, Michael Jordan earned $150 million in 2021.
Michael Jordan earns 5% from every Jordan product sold, while Nike makes a total of $15 million in sales every day.r.
