Michael Jordan made $140 million as his shoe brand generated $3.1 billion in revenue

[invalid]

The only shoes I own named after a nikka is Yeezy.

 

[Wildhundreds]

MJ getting chump change compared to Nike for his own brand

He's not working hard at all.. He's basically charging them to use his image, sitting back collecting checks..

 

[EBK String]

The royalty rate (approx 4%) is cheap, the headline number ($110m) while significant should be a lot more.

Nike got a great deal.

yeah that split is awful. He should have been renegotiated for much more.

 

[The Fire]

damn it’s crazy to think Yeezy is close to making this kinda bank. And Kanye has a higher royalty cut (5%)

 

[Kiyoshi-Dono]

nikkas get on the internet and just say anything. You don't even have to leave the house, hop on mypark in 2k and tell me what the most popular shoes are

Breh..
That nikka wears Missy Elliot trash bags with duck boots from J.Crew
Don’t pay him no mind
His fashion sense is the pits..

 

[☑︎#VoteDemocrat]

Not really what I’d celebrate IMO.

He’s a mascot.

What we need to revere are business leaders who make real executive decisions and plans.

 

[Mr. Glass]

You nikkas talking about his deal being wack...

This is basically like a syndication deal for MJ. He's getting paid like Seinfeld gets paid for reruns that originally aired 25 years ago.

That's an incredible deal.

 

[DLaren]

Not really what I’d celebrate IMO.

He’s a mascot.

What we need to revere are business leaders who make real executive decisions and plans.

MJ is the only black owner in the NBA, so he does "make real executive decisions and plans" -- I'd say he deserves a little more respect than to be called a "mascot".

 

[UpAndComing]

4% of gross is a great deal when you look at the fact that he really gives no input into the development and marketing

Exactly

Assuming that he doesn't pitch in for marketing, distribution, manufacturing, etc this is a great deal. Jordan is basically getting $140 million just for Nike to use his image/likeness. Not bad

 

[Cobalt Mist]

That's definitely a new smiley lol.

 

[Sterling Archer]

Who wears Jordans anymore?

25million people a year are wearing them if you do the math. fukk you mean "who?"

 

[Auger]

Revenue =/= Profit

 

[☑︎#VoteDemocrat]

MJ is the only black owner in the NBA, so he does "make real executive decisions and plans" -- I'd say he deserves a little more respect than to be called a "mascot".

I’m only talking about this Nike deal

 

[Stick Up Kid]

Who wears Jordans anymore?

Everyone

 

[DatNkkaCutty]

As many inner city kids made him popular...set the trend...and got bodied over his kicks...

There should be an Air Jordan Academy or something of equal value in every inner city across the America. Anything less is unacceptable...