“How much money does Michael Jordan make from Nike?” is a question that many basketball fans have pondered. With a net worth of around $2 billion, Jordan is the wealthiest former athlete, and most of his money comes from the footwear company.
Micheal Jordan’s Breakout Star
MJ was a breakout star from the moment he joined the NBA. Nike took their chances with him and signed him to a 5-year deal worth $2.5 million, which was a record-breaking deal at the time.
Launching Jordan Brand
Eventually, the basketball legend and Nike launched Jordan Brand, a sub-division of the company. The brand has become so successful that the 6-time NBA champion has made more than a billion dollars from it.
Massive Net Worth and Success
Michael Jordan’s success both on and off the court continues to grow, with his lucrative partnership with Nike contributing significantly to his massive net worth. His explosive career, strategic business moves, and enduring popularity have ensured that Jordan remains an icon in the sports world and beyond, and fans continue to marvel at his financial success.