How Much Michael Jordan Made in the NBA

Michael Jordan is widely considered to be the greatest basketball player of all time. He played in the NBA for 15 seasons, winning six championships with the Chicago Bulls. During his time in the NBA, Jordan earned a total of $93 million in salary.

Michael Jordan’s NBA Salary

Michael Jordan is one of the most popular basketball players of all time. He is also one of the highest-paid athletes in the world. In today’s dollars, Jordan made over $100 million from his salary while playing in the NBA.However, that’s not all of the money he made from basketball. He also had endorsement deals with companies like Nike, Gatorade, and McDonald’s that earned him millions of dollars.

Michael Jordan’s rookie year salary

Michael Jordan’s rookie year salary was $550,000. In today’s dollars, that would be about $3 million. Jordan made $33 million in salary during his time with the Chicago Bulls, which is the most of any player in NBA history. He also made an additional $20 million from endorsements.

Michael Jordan’s salary during his first retirement

Michael Jordan’s first retirement from the NBA came after the 1992-93 season. He had just won his third NBA championship and was widely considered the best player in the world. Jordan’s salary during his first retirement was $4 million. This was a significant pay cut from the $33 million he made during the final season of his first stint with the Chicago Bulls.

Michael Jordan’s salary during his second retirement

In January 1999, during his second retirement from the NBA, Michael Jordan became part-owner and head of basketball operations for the Washington Wizards franchise. At the time, he was also the Wizard’s highest paid employee, earning an annual salary of $6 million.

In September 2001, just two years into his tenure with the team, Jordan surprised everyone by announcing his return to the NBA as a player. His comeback coincided with a dramatic increase in his salary; as part of a two-year contract worth $87.7 million, Jordan would earn an annual salary of $30 million during the 2001-2002 season.

To put this figure into perspective, consider that at the time Jordan signed this contract, the average salary in the NBA was just over $2 million. In other words, Jordan was earning approximately 15 times more than the average player in the league.

Interestingly, although Jordan’s huge salary made headlines at the time, it was actually quite modest in comparison to what some of his fellow superstars were making. For example, Shaquille O’Neal was earning $27.7 million per year with the Los Angeles Lakers, and Kobe Bryant was earning $24 million per year with the Lakers as well.

Michael Jordan’s Endorsement Deals

Michael Jordan is a retired professional basketball player and entrepreneur. He is considered one of the greatest basketball players of all time. During his career, he earned numerous accolades and awards. As of 2021, Michael Jordan is the third-richest African American, with an estimated net worth of $1.9 billion. A large part of Jordan’s earnings came from his endorsement deals.

Michael Jordan’s endorsement deals with Nike

Michael Jordan’s endorsement deal with Nike was a groundbreaking agreement that changed the face of the NBA. WhenJordan signed with Nike in 1984, he was given his own signature line of shoes, which would become one of the most popular brands in the world. Jordan’s endorsement deal was worth $500,000 per year, and it was only the beginning of his massive earnings potential.

In 1987, Jordan signed a five-year deal with McDonald’s that was worth $18 million. He also had endorsement deals with Gatorade, Wheaties, Coca-Cola, Chevrolet, and Hanes. By the time he retired from the NBA in 2003, Michael Jordan had earned an estimated $1.85 billion from his various endorsement deals.

Michael Jordan’s endorsement deals with Gatorade

It is estimated that Michael Jordan has made over $1 billion dollars from his endorsement deals, including his deal with Gatorade. In addition to his salary from the NBA, Jordan also received a portion of the proceeds from the sale of Gatorade products. Forbes estimates that Jordan made $75 million dollars from his Gatorade endorsement deal between 2001 and 2009.

Michael Jordan’s endorsement deals with Hanes

In 2012, Hanes signed a multi-year deal with Michael Jordan to become the “Official Outfitter of MJ”. The deal includes a wide range of products including underwear, activewear, socks and coming soon, footwear. Hanes will also feature Jordan in a national marketing campaign.

“I’ve been a Hanes fan for many years and this partnership allows me to connect with my fans in a new way,” said Jordan. “Hanes presents an amazing opportunity for me to share my passion for the brand with millions of people around the world.”

“This is a dream come true for us,” said Sidney Falken, chief marketing officer of Hanesbrands. “Michael Jordan is an icon and we are thrilled to welcome him into the Hanes family.”

Michael Jordan’s Business Ventures

Michael Jordan is an American former professional basketball player, who is also a businessman and principal owner of the Charlotte Hornets. He played 15 seasons in the National Basketball Association (NBA) for the Chicago Bulls and Washington Wizards. As a player, he was one of the most marketed athletes in history and was considered instrumental in popularizing the NBA around the world in the 1980s and 1990s.

Michael Jordan’s ownership stake in the Charlotte Hornets

Michael Jordan is the majority owner of the Charlotte Hornets, a professional basketball team in the NBA. He owns approximately 90% of the team.

Jordan bought a controlling interest in the team (then known as the Charlotte Bobcats) in 2010 for $175 million. At the time, the team was valued at $258 million.

Since then, the value of the team has increased significantly. In 2019, Forbes valued the Hornets at $1.5 billion. Jordan’s stake in the team is now worth approximately $1.35 billion.

In addition to his ownership stake in the Hornets, Jordan also has significant investments in other businesses, including restaurants, golf courses, and footwear and apparel companies.

Michael Jordan’s investment in the Jumpman brand

Michael Jordan’s investment in the Jumpman brand has been extremely successful. The brand, which is a subsidiary of Nike, produces basketball shoes and apparel. In 2019, Forbes estimated that the Jumpman brand was worth $3 billion. This made it one of the most valuable apparel brands in the world.

Jordan has been involved with the Jumpman brand since its inception in 1985. He first signed a deal with Nike to endorse the company’s products. In 1997, he became a minority owner of the brand. In 2013, he increased his stake in the company to become its majority owner.

The Jumpman brand has been very successful due to Jordan’s involvement. He is one of the most recognizable athletes in the world and his endorsement has helped make the Jumpman brand one of the most popular basketball brands in the world.

Michael Jordan’s partnership with 2K Sports

Michael Jordan became a minority shareholder of 2K Sports in February 2010. He also became head of the newly createdMichael Jordan Brand, a joint venture between himself and Take-Two Interactive, 2K Sports’ parent company. The partnership between 2K Sports and Jordan was first hinted at in December 2009 when it was reported that Jordan was in talks with Take-Two Interactive about starting his own video game company. The news of the partnership between 2K Sports and Jordan was officially announced on February 10, 2010. In the announcement, it was revealed that Jordan would be a minority shareholder in Take-Two Interactive and that he would be the head of the new Michael Jordan Brand. The Michael Jordan Brand will develop and publish sports video games, including games featuring NBA players.