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.
Superb
ReplyDeleteDon't knw wht to say, mayb 2mao I'll come nd comment on d issue
DeleteWow!!! Dis 1 nor be beans
DeleteGod pls bless me with big money
ReplyDeleteAmen...me too o!!!
DeleteAunty Linda what do you mean by "more than nearly"??? Hian.lol
ReplyDeleteGod! People are really making money on this planet.I don't think I'm here to watch.Linda watch out for me#wink
ReplyDeletePlease 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!
ReplyDeleteThat's a lot of money, even after retirement he still earns that much, a lesson for athletes still active to invest their money wisely
ReplyDeleteYour comment will be visible after approval
That's what I call business..soon it's gonna be Messi..Lol
ReplyDeleteHow?? 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
DeleteA 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.
DeleteHis 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.
DeleteHis 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.
DeleteMJ made all this bred by selling shoes to kids who hv to kill or rob inorder to afford one so much 4 a legend
ReplyDeleteMy friend sharap... people shld take responsibility for dia actions.. like he forced dia hands
DeleteJordan 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.
ReplyDeleteI pray for King James to match his records.I do not want to see the popularity of basketball diminish.
Deletethat's so much money
ReplyDeleteThat's what you call made men, all you need is their face on the product and dollar bills roll in
ReplyDeleteGood For him, the dude is a man already. ⌣̊┈̥-̶̯͡»̶̥♡thanks ⌣̊┈̥-̶̯͡»̶̥
ReplyDeleteWow!! Still balling after droppin d ball.. Gud for him!
ReplyDeleteWeris all of em footballers?Ronaldo wey dey pam hair and Messi wey dey roll like okoso 4 ground,wey dem...
ReplyDeleteWhat about you??? Are you dead???
Delete@Bobo_Edo
Wtf..... I call this being rich......
ReplyDelete.
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***CURRENTLY IN JUPITER***
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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I'm gonna b famous one day.....so u beta watch out guys
ReplyDeleteBuy ur quality baby clothes (0-7yrs) from uk @ affordable price!!! Holla (bb-27e7efa1). I'm based in lagos.
9o million!!! Whew !!!moneeeeeeeeeeeeeeeeeeeeeyyyyyyyyyyyyy !!!
ReplyDeleteMe, am a gud footballer nike should come and make trillions off me b4 is too late.....
ReplyDelete.
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***CURRENTLY IN JUPITER***
Blood Money#
ReplyDeleteWhat insult willl I give u....mumu,cow,fool,ewu Gambia,rat,cockroach...biko take ya pick....Kai!!!sm pple r so myopic
DeleteWow!
ReplyDeleteWow!
ReplyDeleteGreatest NBA player of all time #bright bravo#
ReplyDeleteM. Jordan and Mayweather shld wait 4 me...
ReplyDelete"NT JUSTOK.COM"
RETIRED BUT NOT TIRED
ReplyDeleteHustle hard in the days of your youth and enjoy every bit of it when you're old.
ReplyDeleteLiving legend to bad
ReplyDeleteLinda 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.
ReplyDeletePeople 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.
ReplyDeleteThis 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........
And dat sums it up
Delete...And d tax rate increases too,friggin fack...
ReplyDeleteJ's on my feet, J's on my feet..still scrub my j's with a toothbrush..ma fav shoe at d moment..............#KING
ReplyDeleteToo much money!!!! Chai!
ReplyDeleteGod 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.
ReplyDeleteIf you believe and want to tap into this anointing, say a loud AMEN!
omo see rbs(money) abeg the way una dey call this money una go make person go gaga oo
ReplyDelete#milito da great#
Wow! Too much money.
ReplyDeleteForget 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
ReplyDeleteJ's on my feet J's on my feet.
ReplyDeleteShey na em get HIV?correct me if am wrung....anywayz happy he is makin much,God bless me as u bless em
ReplyDeleteTrue talk Chukz!
ReplyDeleteHis Royal Airness!
ReplyDeleteThis man inspired me to into playing basketball
Real business man. Going to college as a sports man is a good initiative in USA
ReplyDeleteWho is the nike?nigerians making so much abroad.wow!!!
ReplyDeleteLol! Guess u acting...
DeleteSuccessful men do daily......what unsuccessful men do occasionally.. *did you agree with me. . . .?"
ReplyDeletethis jordan's ancestors must ber from the igbo land ....see business strategy.... rick ross and your fat stomach take note
ReplyDeletewow
ReplyDeleteThis is all about investment. People should use their money wisely. I love this guy
ReplyDelete...and guess who are buying these kicks the most?......the poor folks on minimum wage and welfare
ReplyDeleteHi 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
ReplyDeleteAn American wif an ibo man sense...still earning large even afta retirement... #investment (•_•)
ReplyDeleteAnother hype. R they credible enough 4 me 2 believe dem? Forbe my ass!
ReplyDeleteMay b Nike paid Forbe so as 2 improve sales.
great!!!
ReplyDeleteChai! I go make am
ReplyDeleteAs 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!
ReplyDeleteWhooping sum of Money
ReplyDelete***Mubwiz***
Your gifts will make way for you....
ReplyDeleteGbam
DeleteNow thats balling...
ReplyDelete