NBA Legend Michael Jordan’s $256.1 million payday for Jordan Brand’s success in 2022 is more than double his career NBA earnings with the Chicago Bulls and Washington Wizards,
Jordan Brand is its own entity at Nike and was first introduced in 1997 with the release of the the Air Jordan XIII model. It was initially called “Brand Jordan”, but the name was later changed.
Michael Jordan is unarguably the most popular NBA player of all time. He is considered by many as the GOAT. It should not be a surprise that his Jordan Brand with Nike is one of the most sought-after sneakers in the world.
Thanks to his licensing deal with Nike continues to earn hundreds of millions of dollars every year. As part of his deal with Nike, Jordan is entitled to get 5% of the earnings from his shoe sales.
Michael Jordan earned $90 million in NBA salary throughout his career. He has used his popularity to increase his wealth further, further proving that he is also a great businessman. Jordan’s net worth is believed to be $1.7 billion, according to Forbes.
NBA great Michael Jordan. Photo courtsey of Kyle Terada-USA TODAY Sports