Tuesday, March 3, 2015

Michael Jordan is now a Billionaire

Michael Jordan has just been listed as a billionaire!
Michael Jordan Former NBA Star, successful businessman, and majority owner of the Charlotte Bobcats, He  has an estimated net worth of $1 billion. 

The former Chicago Bulls super star earned $93 million in salary during his playing career. Most of his fortune now derives from endorsement deals with his biggest sponsor, Nike; he raised his stake in the NBA’s Charlotte Bobcats to 80% in 2010. Michael Jordan, arguably the greatest basketball player of all time, could also be seen as the most entrepreneurial sports star of his day.


 Michael  has had great success with his brand "Jordan" with all of his shoes listed as the most demanded items for athletes and other stars.His shoes and apparel have generated a buzz all over the world and the result has been very lucrative.
Now that he is listed as a Billionaire, Michael will generate more and more success. We will see him gain the next billion much faster than the first. His assets are set to generate huge revenue in the upcoming years.

Michael Jordan has had amazing success in his basket ball carrier.

 six-time NBA Finals MVP, a five-time NBA Most Valuable Player, a 14-time NBA All-Star, and a six-time NBA champion.



The financial data for Mr Jordan is as follows:

EARNINGS & FINANCIAL DATA



EARNINGS 2014N/A
Asset Jun. 2014
Value of his 89% Stake in the Charlotte Bobcats in 2014, finally making him a Billionaire
$416,000,000

EARNINGS 2013N/A
Sponsorship 2013
Earnings from Endorsements with Nike, Gatorade, Hanes, Upper Deck, 2K Sports, Presbyterian Healthcare and Five Star Fragrances.
$80,000,000
Asset 2013
Value of his 80% Stake in the Charlotte Bobcats (as of January 2013)
$252,000,000

EARNINGS 2003N/A
Salary Jan. 2003
Salary from Washington Wizards
$1,030,000

EARNINGS 2002N/A
Salary Jan. 2002
Salary from Washington Wizards
$1,030,000
Earnings Jan. 2002
Salary from Washington Wizards
$1,000,000

EARNINGS 2001N/A
Salary Jan. 2001
Salary from Washington Wizards
$1,000,000

EARNINGS 1998N/A
Salary Jan. 1998
Salary from Chicago Bulls
$33,140,000

EARNINGS 1997N/A
Salary Jan. 1997
Salary from Chicago Bulls
$30,140,000

EARNINGS 1996N/A
Earnings Jan. 1996
Earning from the film, Space Jam
$20,000,000
Salary Jan. 1996
Salary from Chicago Bulls
$3,850,000

EARNINGS 1995N/A
Salary Jan. 1995
Salary from Chicago Bulls
$3,850,000
Sponsorship Jan. 1995
Endorsement from MCI (The 10 year deal was halted when MCI filed bankruptcy in 2002)
$2,000,000
Sponsorship Jan. 1995
Endorsement from Oakley (The amount was given to Jordan during the 10 year contract).
$2,000,000

EARNINGS 1994N/A
Salary Jan. 1994
Salary from Chicago Bulls
$4,000,000

EARNINGS 1993N/A
Salary Jan. 1993
Salary from Chicago Bulls
$4,000,000

EARNINGS 1992N/A
Salary Jan. 1992
Salary from Chicago Bulls
$3,250,000

EARNINGS 1991N/A
Salary Jan. 1991
Salary from Chicago Bulls
$2,500,000

EARNINGS 1990N/A
Salary Jan. 1990
Salary from Chicago Bulls
$2,250,000
Sponsorship Jan. 1990
Endorsement from Ball Park Franks
$2,000,000

EARNINGS 1989N/A
Salary Jan. 1989
Salary from Chicago Bulls
$2,000,000
Sponsorship Jan. 1989
Endorsement deal with Hanes
$10,000,000

EARNINGS 1988N/A
Sponsorship Jan. 1988
Endorsement from Wheaties
$2,000,000
Salary Jan. 1988
Salary from Chicago Bulls
$845,000

EARNINGS 1987N/A
Salary Jan. 1987
Salary from Chicago Bulls
$737,500

EARNINGS 1986N/A
Salary Jan. 1986
Salary from Chicago Bulls
$630,000

EARNINGS 1985N/A
Salary Jan. 1985
Salary from Chicago Bulls
$630,000

EARNINGS 1984N/A
Sponsorship Jan. 1984
Endorsement deal with Nike (First 5 years deal with the shoemaker).
$12,500,000
Sponsorship Jan. 1984
Endorsement from Chevrolet
$200,00
13)
Mike will continue to be a leader in Sports and we will be right here to cheer him on.
As a basketball fan I have created many Basketball sculptures and I am happy to see an athlete listed as a success instead of one who lost everything. Michael Jordan is a cultural phenomenon and he has taken that fame and turned it into great business success. I am happy to see this and I wish the best for Mr. Jordan.



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