Thursday, February 26, 2015
How Much Does Jordan Make on His Shoe Sales?
Jordan is running away with his sneaker sales. In 2013 Jordan made about 90 million for the sale of shoes and clothing under his brand. In 2013 one pair on Jordan 3 Powder Blues made $35 million in just one day. Adidas superstar Derrick Rose made only $40 million in his shoes the entire year. Lebron made $300 million in his shoe sales in 2013 but that's not even close to Jordan Brand. The Jordan Brand earned around $2.25 billion in the U.S. for retail basketball shoes. The Jordan Brand had a 11% increase in shoes sold this year. Jordan makes the most money between current and retired athletes. Just picture this one moment 1 of ever 2 basketball shoes sold in he U.S. in 2013 was a Jordan shoe. Jordan has not stopped though he just opened a Jordan store next to Madison Square Garden in New York where we made Knicks fans cry from all his amazing performances against them. Jordan doesn't just make money from his shoes he has endorsement deals with Gatorade and Upper Deck. He also owns 80% of the NBA team the Charolette Bobcats now the Hornets. He also owned a Motorsports team which was shut down due to lack of sponsoring. Maybe he can't be great in every market but he is in the music industry. In 2013, 50 songs mention his name in it. Jordan is the example of a superstar athlete that changed the game forever. What's is next for Michael Jordan?