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Michael Jordan

Dive in to discover the history of Jordan Brand’s Jumpman logo, from its early origins to Michael Jordan’s retirement in 2003 and beyond.

According to Forbes, Mayweather’s career earnings before fight with UFC champ Conor McGregor totaled approximately $700 million. Some insiders are estimating that Mayweather will earn over $300 million for his 10-round TKO of McGregor.

That would launch Mayweather over $1 billion for career earnings, a mark reached only by two other elite, iconic athletes: Michael Jordan and Tiger Woods. Each has earned about $1.5 billion over the course of their careers from sponsorships, winnings, salaries, and the like.

Source: Forbes

We were invited to the opening ceremony of the gym and took a deeper look into the story of Jordan. Not the Michael Jordan we all know that won titles and gold medals, but the “Jordan” before that Jordan. The Jordan that had math class and was known to crack a few jokes. The Jordan that eventually became the greatest player of all time

 

jordan

Michael Jordan, considered the best basketball player of all time, has just joined the billionaires’ club.

Jordan is one of the 290 new billionaires on Forbes’ annual list of the world’s richest people. He’s certainly one of the most recognizable names on the list.

Jordan amassed his $1 billion fortune partly through his endorsement deal with Nike (NKE). The Jordan brand by Nike brought in an estimated $2.25 billion in 2013, which earned the 52 year-old athlete $90 million.

 

But it was Jordan’s ownership of the Charlotte Hornets basketball team that catapulted him into the billionaire’s ranks this year. NBA teams soared in value after Steve Ballmer, the former Microsoft (MSFT, Tech30) CEO, paid $2 billion for the Los Angeles Clippers.

 

source: CNNMoney

Lebron vs. MJ

Players like Jordan and James are so rare that it can be risky to compare them with anyone. Still, one reasonably useful benchmark is to evaluate players who, like James and Jordan, had won at least one Most Valuable Player award and at least one N.B.A. title as of their age-28 season, meaning that they had achieved the pinnacle of both individual and team success.

By count, there were 13 such players before James. On average, they won about two additional championships (more precisely, an average of 1.9) after their age-28 season. So a reasonable over-under line for James might be two more N.B.A. titles, or four total. Read More

Jordan earned an estimated $80 million last year from corporate partners Nike, Gatorade, Hanes, Upper Deck, 2K Sports, Presbyterian Healthcare and Five Star Fragrances. Other Jordan assets include six restaurants, a North Carolina car dealership, a motorsports team and his 80% stake in the Charlotte Bobcats.

The Jordan Brand, a division of Nike, is responsible for the vast majority of MJ’s earnings. Jordan partnered with Nike after being drafted by the Bulls out of North Carolina in 1984. The original five-year deal was worth $500,000 annually, plus royalties. The terms of Jordan’s current deal with Nike are a closely guarded secret, but royalties now generate more than $60 million annually for MJ, according to sources.

Jordan’s net worth is estimated at $650 million

spotted: Forbes

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