Michael Jordan earned $90m in 2013, more than nearly any active athlete
According to Forbes
magazine, retired basketball legend Michael Jordan made more money in
2013 than any other retired athlete in the world, earning an estimated
$90million, more than any active playing
athlete aside from boxer Floyd Mayweather Jr. who made over $100m. And
where did all the money come for someone who hasn't played basketball in
almost 10 years? Air Jordan of course!
Nike released the Air Jordan 10 “Powder Blue” retro sneaker on Saturday, 20 years after the first Jordan 10s hit shelves. Like all the Jordan retro releases, this one was highly anticipated and first-day sales hit $35 million.Retail shoe sales for the Jordan Brand in the U.S. grew 11% last year to $2.7 billion, with basketball making up 84% of that, according to Powell. Roughly 50% to 55% of that goes to Nike. If you factor in sales of Jordan apparel, the international Jordan business and sales at Nike stores, the Jordan brand is contributing roughly $2 billion of revenue to Nike, which posted sales of $26 billion over the last 12 months. Jordan, the man, gets a cut of every shoe, hoodie or pair of shorts sold by Nike under the Jordan Brand.
Michael Jordan earned $90m in 2013, more than nearly any active athlete
Reviewed by Unknown
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Reviewed by Unknown
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