Bumblebreh
Collecting honey and money
If I had earned 1 dollar for every mj smiley and gif thatgets posted on the coli. I would be a millionaire
Exactly.
5% off top because he allowed them to attach his name to a shoe he wore years ago is
He’s taking a cut individually on that brand higher than any sole person (double entendre )
Jordan never going broke
He can gamble forever lol
Average Jordan shoe is about $145.
Just on shoes alone, he's getting $7.25/shoe.........insane.
If I had earned 1 dollar for every mj smiley and gif thatgets posted on the coli. I would be a millionaire
Average Jordan shoe is about $145.
Just on shoes alone, he's getting $7.25/shoe.........insane.
The only knock would be is he could’ve renegotiated and bargained for a little more earlier in his career because I’m sure that Nike and Phil Knight didn’t envision this.
I see you missed that I saying weirdos will see 5% and hate because they don't know any better.Yes?.
This isn't 5% of profits, it's 5% on sales, and there is a massive difference there. You're not going to find many companies offering a 5% royalty like that. And, it wasn't just for one product, he gets that on his entire brand and really doesn't have to do much at all.
5% royalty on top of whatever the Nike deal is even tho that 5% seems a little low.....
But then again it’s their factories, materials, IP, distribution, marketing, R&D and design
It’s not a hill to die on but just being objective of what could’ve been.Very doubtful, and that's because if a company is in early stages or flatlining, doing a royalty deal can stunt growth. Not to say that Nike wasn't a viable company, but 5% is a great deal for EVERYTHING with his name on it.
The Air Jordan 1 shoe is the most iconic piece of streetwear of all time. There could not have been a better ambassador for it than His Airness himself.
It’s not a hill to die on but just being objective of what could’ve been.