Mavericks’ $207 Million Sensation Inks Jaw-Dropping Deal with Michael Jordan’s $5 Billion Empire

Just another day in the Jordan empire. The multi-billion multi-faceted brand started by Michael Jordan has renewed its partnership with one of its greatest stars. This deal is set to benefit both parties immensely. The Jordan Brand will have new star power carrying them towards global domination. Meanwhile, the player in question will see his value skyrocket internationally. After all, Jordan Brand contributed $5 billion to Nike’s sales just in 2022.

The new deal between the Jordan Brand and the 24-year-old guard could exceed the NBA pro’s current contract with the Dallas Mavericks. And that’s already a massive figure.

Michael Jordan puts trust and big money on Luka Magic

Luka Doncic is one of the biggest stars on Michael Jordan‘s sneaker contract. Doncic’s partnership with the Jordan Brand began in 2019 with a five year, $75 million deal. He became the first European to have his own shoe line under the brand. Now, the Slovenian powerhouse will further the brand value with the new deal. The NBA player and the sneaker giant have signed a multi-year contract extension in August 2023.

As his old contract reached its end, he signed and extension. It will keep Doncic in the Jordan Family till 2029. Financials are yet to be disclosed, but one can expect a steep jump from Luka’s first Jordan contract.

Luka Doncic has worn Nike for most of his career, switching to other brands on occasion. Fans speculated which sneaker brand would swoop him with many brands showing interest in signing the Mavericks star.

READ MORE: Why Does Luka Doncic Never Miss FIBA Tournaments?

The four-time All-Star released his signature shoes, the Jordan Luka 1 during the 2021-22 playoffs and saw massive success. The new line is set to release next month, and is very hyped with news of this extension.

Luka Doncic’s could boost Michael Jordan’s brand

Mark Cuban’s Mavericks see immense value in Luka Magic. It is why they signed him on a $207 million contract to start the 2023 season. The first season earnings of this contract alone could earn him $40 million. A pretty buck for a fine player.

His net worth is currently estimated at $25 million. That number is sure to change with a new NBA contract, new Jordan Brand contract, and a new shoe line. He’s also on the international stage, representing Slovenia in the FIBA World Cup against his NBA colleagues in Team USA.

His name is in the running for the Michael Jordan MVP trophy. 2023-24 might be when he finally earns it. If he takes the title, he’d do it wearing his signature Jordan shoes and as the face of the Jordan Brand. Doesn’t get more poetic than that!

What is your take on Luka Doncic’s growing success?

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