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Monday, 3 March 2014

Michael Jordan earned $90m in 2013, more than nearly any active athlete

According to Forbes magazine, retired basketball legend Michael Jordan made more money in 2013 than any other retired athlete in the world, earning an estimated $90million, more than any active playing athlete aside from boxer Floyd Mayweather Jr. who made over $100m. And where did all the money come for someone who hasn't played basketball in almost 10 years? Air Jordan of course!
Nike released the Air Jordan 10 “Powder Blue” retro sneaker on Saturday, 20 years after the first Jordan 10s hit shelves. Like all the Jordan retro releases, this one was highly anticipated and first-day sales hit $35 million. 
Retail shoe sales for the Jordan Brand in the U.S. grew 11% last year to $2.7 billion, with basketball making up 84% of that, according to Powell. Roughly 50% to 55% of that goes to Nike. If you factor in sales of Jordan apparel, the international Jordan business and sales at Nike stores, the Jordan brand is contributing roughly $2 billion of revenue to Nike, which posted sales of $26 billion over the last 12 months. Jordan, the man, gets a cut of every shoe, hoodie or pair of shorts sold by Nike under the Jordan Brand.
We estimate MJ’s take from Nike was at least $75 million last year. “Given that he is the name that launched the brand, you could argue that he deserves more,” says Phil de Picciotto, founder and president of Octagon. “Jordan is the perfect athlete.”
For perspective, in all of 2013, Adidas sold $40 million in the U.S. of the signature shoes of its top star, Derrick Rose. The Bulls’ current star guard isn’t the only one operating in the shadow of Jordan. Reigning MVP LeBron James is the top seller among current NBA players with $300 million at retail last year for his Nike shoes, according to data tracker SportsOneSource. Jordan crushed those numbers with $2.25 billion in U.S. retail basketball sales in 2013. It has been more than a decade since Michael Jordan last appeared in an NBA uniform, but MJ most certainly has still got it.

70 comments:

  1. Replies
    1. Don't knw wht to say, mayb 2mao I'll come nd comment on d issue

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    2. Wow!!! Dis 1 nor be beans

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  2. God pls bless me with big money

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  3. Aunty Linda what do you mean by "more than nearly"??? Hian.lol

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  4. God! People are really making money on this planet.I don't think I'm here to watch.Linda watch out for me#wink

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  5. Please help me tell lil wayne, birdman and all those noisy people to sharap! can you see money??? can you??? i bet you can't see this one!

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  6. That's a lot of money, even after retirement he still earns that much, a lesson for athletes still active to invest their money wisely


    Your comment will be visible after approval

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  7. That's what I call business..soon it's gonna be Messi..Lol

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    1. How?? LOL. U shld see how people in Yankee (not just kids) stay in line for days to get these retro Jordans when a new color scheme is released. It's ridiculous. My room mate was almost robbed ard Xmas for his gamma blues (google it). They cost $180 but he paid $300 for them. And only cos his friend owns a shoe store. My roommate is 33 years old. Jordan's grand kids are set for life. Messi does not have that kind of pull. Outside soccer his brands is non existent. David Beckham might be able to pull it off tho

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    2. A footballer can't make that much selling football shoes. Air Jordan can be worn in a casual mode unlike soccer boots that can only be worn on the pitch. Messi should not dream of it.

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    3. His Airness,Michael Jordan is regarded as the saviour of basketball,Nike and Mc Donalds. At the height of his basketball career,it was a taboo for any journalist to publish any derogtory or scandalous story about him.It took his retirement for the American public to realise he was also a human being.

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    4. His Airness,Michael Jordan is regarded as the saviour of basketball,Nike and Mc Donalds. At the height of his basketball career,it was a taboo for any journalist to publish any derogtory or scandalous story about him.It took his retirement for the American public to realise he was also a human being.

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  8. MJ made all this bred by selling shoes to kids who hv to kill or rob inorder to afford one so much 4 a legend

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    1. My friend sharap... people shld take responsibility for dia actions.. like he forced dia hands

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  9. Jordan isn't much an athlete as he is a brand and he is a serious money making brand. And I doubt that any of the current NBA stars will match his success on and off the ball court.

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    1. I pray for King James to match his records.I do not want to see the popularity of basketball diminish.

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  10. that's so much money

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  11. That's what you call made men, all you need is their face on the product and dollar bills roll in

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  12. Good For him, the dude is a man already. ⌣̊┈̥-̶̯͡»̶̥♡thanks ⌣̊┈̥-̶̯͡»̶̥ 

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  13. Wow!! Still balling after droppin d ball.. Gud for him!

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  14. Weris all of em footballers?Ronaldo wey dey pam hair and Messi wey dey roll like okoso 4 ground,wey dem...

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    1. What about you??? Are you dead???

      @Bobo_Edo

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  15. Wtf..... I call this being rich......
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    ***CURRENTLY IN JUPITER***

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    1. Jordan is Blessed no doubt...that is what u get from a country were the Gvt make sure things work for their citizens unlike Naija


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  16. I'm gonna b famous one day.....so u beta watch out guys

    Buy ur quality baby clothes (0-7yrs) from uk @ affordable price!!! Holla (bb-27e7efa1). I'm based in lagos.

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  17. 9o million!!! Whew !!!moneeeeeeeeeeeeeeeeeeeeeyyyyyyyyyyyyy !!!

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  18. Me, am a gud footballer nike should come and make trillions off me b4 is too late.....
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    ***CURRENTLY IN JUPITER***

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  19. Replies
    1. What insult willl I give u....mumu,cow,fool,ewu Gambia,rat,cockroach...biko take ya pick....Kai!!!sm pple r so myopic

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  20. Greatest NBA player of all time #bright bravo#

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  21. M. Jordan and Mayweather shld wait 4 me...


    "NT JUSTOK.COM"

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  22. Hustle hard in the days of your youth and enjoy every bit of it when you're old.

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  23. Living legend to bad

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  24. hrm paul ojeih3 March 2014 at 16:55

    Linda you don't say nawa o dude is even richer than the noise maker 50cents and all dem gangster thug rappers 90million dolls damn jordan balls hard.

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  25. David Günther3 March 2014 at 17:07

    People remember that money is not everything in life. You might have a simple, happy, stress-free life and not be sooo rich like this. The best thing that could ever happen to one in his or her lifetime is the amount of positive impact one has in other peoples life and also coupled with the presence of God in ones life.
    This is to you out there that claim they must make it anyway anyhow, wait for God's time. Its the best!
    Regardless, I'm happy for him........

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  26. ...And d tax rate increases too,friggin fack...

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  27. J's on my feet, J's on my feet..still scrub my j's with a toothbrush..ma fav shoe at d moment..............#KING

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  28. Too much money!!!! Chai!

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  29. God oooooooo!!!! Every satanic strongman preventing me and my non-insultive fellow LIBers from making serious money, be uprooted and destroyed by the fire of God Almighty in Jesus name.


    If you believe and want to tap into this anointing, say a loud AMEN!

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  30. omo see rbs(money) abeg the way una dey call this money una go make person go gaga oo






    #milito da great#

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  31. Wow! Too much money.

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  32. Forget about Forbes . Do u know what footballer are making from their business. Because they didn't air out. Hope u don't still believe Dangote is the Nigerian richest

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  33. J's on my feet J's on my feet.

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  34. Shey na em get HIV?correct me if am wrung....anywayz happy he is makin much,God bless me as u bless em

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  35. True talk Chukz!

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  36. His Royal Airness!
    This man inspired me to into playing basketball

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  37. Real business man. Going to college as a sports man is a good initiative in USA

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  38. Who is the nike?nigerians making so much abroad.wow!!!

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  39. Successful men do daily......what unsuccessful men do occasionally.. *did you agree with me. . . .?"

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  40. this jordan's ancestors must ber from the igbo land ....see business strategy.... rick ross and your fat stomach take note

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  41. This is all about investment. People should use their money wisely. I love this guy

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  42. ...and guess who are buying these kicks the most?......the poor folks on minimum wage and welfare

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  43. Hi erm Angel Micheal Jordan, kindly kick my ass with some of that Air Jordan blessing!!! It's good to be rich. Money over errthang . #richgang

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  44. An American wif an ibo man sense...still earning large even afta retirement... #investment (•_•)

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  45. Another hype. R they credible enough 4 me 2 believe dem? Forbe my ass!
    May b Nike paid Forbe so as 2 improve sales.

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  46. Chai! I go make am

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  47. As an eternal Jordan fan am so happy to hear dat only Floyd 'More Money' Mayweather made more dan d boss...d greatest ever! He worked hard for it on & off d court.We his fans will forever remain loyal for he remains our inspiration as we play to kip body & soul togeda. Wish I culd put up a pix ofmy own Jordans which cost a handsome 20grand. Cheers & Linda post my comment oh!

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  48. Almahroof Mubaraq4 March 2014 at 06:54

    Whooping sum of Money

    ***Mubwiz***

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  49. Your gifts will make way for you....

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Disclaimer: Opinions expressed in comments are those of the comment writers alone and does not reflect or represent the views of Linda Ikeji.

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