Michael Jordan Earned a Whopping $256 Million From Nike in 2022- Here’s How
Recent reports suggest that 'Air' Jordan earned a whopping $256 million from his Nike partnership just in 2022 alone. We take a look at how this happened.
Jordan entered the league in 1984 with the Bulls, at the time it was clear that he had a lot of potential.
Jordan was a big fan of the Adidas brand and wore them regularly during his early years.
Nike was looking to make a splash in the Basketball market and offered Jordan a five-year $2.5 million deal.
Adidas failed to match it and the rest as they say is history.
In 2022, The Jordan brand alone brought in $5.1 billion in revenue for Nike.
Jordan receives a 5% cut on revenue brought in by his brand for Nike which comes out to a whopping $256 million.