Michael Jordan Made $90 Million in 2013

February 27, 2014 BY / 0

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According to Forbes Magazine, Michael Jordan made a total of $90 million through his numerous sponsorships last calendar year, and as much as $75 million came directly from Jordan Brand. The Jumpman continues to grow each year, as the numbers showcased that retro releases accounted for nearly half of the brand’s sales. Within the article, Phil de Picciotto claims that “Given that he is the name tha tlaunched the brand, you could argue that he deserves more,” in reference to Jordan’s total haul.  Be sure to read the full analysis of Jordan’s fortune by heading over to Forbes and let us know if you think, as the man behind the name of Jordan Brand, that Michael Jordan deserves a larger cut of the company’s profits.

Source: Forbes

Michael Jordan also topped the list of highest earning retired sports stars.

Earnings: $90 million
Retired: 2003
Age: 51

Jordan’s hefty earnings are mostly attributable to the incredible success of Nike’s Jordan Brand, which is now roughly a $2 billion business for the Beaverton, Ore. sports giant. The five-time MVP gets a cut of every Jordan shoe, hoodie and pair of shorts sold by Nike under the Jordan Brand. Long-time partners Gatorade, Hanes, Upper Deck and Five Star Fragrances are still cutting MJ a check, as are newer additions like 2K Sports and Novant Health. Jordan owns 80% of the Charlotte Bobcats, which turned a profit last season after five years of heavy losses.

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Filed under: Air Jordans Jordan Brand Michael Jordan

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