LOS ANGELES, CALIFORNIA - FEBRUARY 24: Michael Jordan speaks during The Celebration of Life for Kobe & Gianna Bryant at Staples Center on February 24, 2020 in Los Angeles, California. (Photo by Kevork Djansezian/Getty Images)
We take a look at Michael Jordan and his net worth throughout his life
Considered by most as the NBA’s greatest all-time player, Michael Jordan won six NBA crowns with the Chicago Bulls. His salary amassed $90 million, but he has earned $1.8 billion from Nike, Hanes and Gatorade.
Jordan joined sports-betting firm DraftKings as a special advisor to the board and an investor in September 2020. He also owns the Charlotte Hornets. The 58-year old agreed to sell a minority stake in a 2019 valued at $1.5 billion. The six-time Finals MVP reportedly bought the Hornets for $175 million in 2010.
At the end of 2019, the Nike Air Jordan brand was estimated at 3 billion dollars, making over 1.3 bn dollars. In 1984, he first signed a contract with Nike worth 250,000 dollars and his own sneaker line. Currently, he is the first athlete to break the $2 billion net worth mark.
Jordan’s sneaker line has become a trending topic in the last few years. The ‘Air Jordan’ is one of the most trending shoes worn, by current players. The Jordan brand also sponsors football teams like Paris Saint Germain among others. Jordans have become a global brand and continues to grow every year.
What is the controversy surrounding the new Air Jordan ‘Cherry’ 2022?
The latest shoe of the Jordan Brand is set to be the first in 2022. According to reports, the shoe is called the ‘Cherry 11’ with a red and white combination. A price of 225 dollars is estimated for the shoe. But, most fans seemed disappointed with the new release.
The shoe has similar models produced back in 2001 and 2016. It comes as a huge surprise considering the popularity of the Air Jordan 1.
The ‘Cherry’ is expecting to have a fall in the market, considering the review received on social media. Most fans were unwilling to buy the pair, while others simply expressed blunt disappointment.
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