How much does Michael Jordan make from Jordan shoes?

According to Essentially Sports, Jordan gets 5% from each Air Jordan sale; this is how he has been able to make $150 million per year.

Does Michael Jordan still make money from Nike?

His fortune is due in large part to the value of his NBA team, the Charlotte Hornets, and the Jordan brand. He was reportedly still making US$100 million a year from Nike royalties alone in recent years.

Does Michael Jordan own the Jordan Brand?

Jordan has proven himself to be a shrewd businessman time and again. Through his investments and proper money management, he has become one of the wealthiest athletes on the planet. He also owns the majority stake in the Charlotte Hornets, as well as a sizable percentage his personal brand under Nike, the Jordan Brand.

How much is the Jordan Brand worth?

According to Forbes, the Jordan Brand is estimated to be worth $10 billion. Interestingly, estimates reveal Jordan himself has made some $1.3 billion from the shoe that has his name on it over the last four decades. It is a relatively measly sum because the GOAT only gets five percent or $10 to $12 per shoe.

How much does Michael Jordan make from Jordan shoes? – Related Questions

Who owns Jordan Brand?

Nike

How much Jordan earns from Nike?

Michael Jordan reportedly made $150 million from Nike in 2022. Initially, Jordan was offered a five-year deal worth $500,000 per year when he signed with Nike in the ’80s. However, due to the massive success of Air Jordans, that figure has significantly increased.

Who owns the Jordan logo?

The “Jumpman” logo is owned by Nike to promote the Air Jordan brand of basketball sneakers and other sportswear. It is the silhouette of former Chicago Bulls NBA player and current Charlotte Hornets owner Michael Jordan.

How much does Nike pay Lebron?

Four-time NBA champion James signed a lifetime deal in 2015 with Nike, reportedly worth more than $1billion.

How much is the Jordan logo worth?

The Jumpman brand is worth upwards of $3 billion

Michael Jordan’s “Jumpman” might be the most famous athlete-associated logo on earth.

Is Jordan worth a billion?

Michael Jordan is considered the greatest NBA player of all time. He’s also the richest former professional athlete in the world, with a net worth of $1.7 billion.

Is Jordan a luxury brand?

Jordan in some ways is Nike’s ‘luxury’ brand.” According to NPD’s data, the average price of a Jordan sneaker is $139 (Approx AUD $219), versus $76 (Approx AUD $119) for the average Nike men’s shoe. Its apparel tends toward the premium end too. The brand isn’t exclusively high-end products.

How much is the Nike brand worth?

Interactive chart of historical net worth (market cap) for NIKE (NKE) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. NIKE net worth as of January 17, 2023 is $199.79B.