Michael Jordan Revealed the $1.7 Billion From His Nike Endorsement

By Kenn Mark - 08 Dec '16 11:39AM
Close

The former MVP NBA Player Michael Jeffrey Jordan got six rings and another six Most Valuable Player (MVP) Award in the entire history at the NBA Finals League. He is the most feasible and highest-paid athletes of All-Time and earned $1.7 billion. The career of a professional athlete is relatively brief. It spans six years in Major League Baseball on average and less than four years in football, according to the NFL players.

The American Professional Golfer Arnold Palmer is known as the greatest player in sports history with the title of a legendary golfer. Before he died on September 25 this year, the golfing legend earned $3.6 million prize money over 52 years on the PGA tour and senior tour. Palmer's last win was in 1973 and earned more than $40 million annually. Arnold Palmer has earned a huge amount of $1.35 billion this year which is the outcome of being in the spotlight for six decades and proved to turn professional golf history in 1954. That's the third-biggest haul ever for an athlete and he made it.

In 1955 Palmer won in several events on both the PGA tour and champions tour. After a few years since Palmer turned as a Professional Golfer in History, he changed the idea of an athlete. Arnold Palmer and IMG founder Mark Mc Cormack were a product endorsers and business marketing partners in 1960s and 1970s.

Nike is the first product endorsement of Michael Jordan which also earned him as the highest paid athlete of all-time, to earn $1.7 billion when he was still playing in the NBA league history. Jordan still continues to receive big payments from his Nike product endorsements for more than $100 million this year. Nike paid him from his remarkable footstep and the success of the Nike-owned Jordan, which dominates 50% up in the market.

 

Fun Stuff

Join the Conversation

The Next Read

Real Time Analytics