“Doubt Anyone will Ever Come Close to This..Not Tiger, TB12 or LeBron”: Mind Boggling Michael Jordan Wealth News Left NBA Fans Bewildered

Chicago Bulls legend Michael Jordan could arguably be the most dominant figure in the US sports world. He led the trophyless Bulls to glory with his sheer talent, prowess, and dedication. Moreover, MJ proved his prowess off the court with his impressive business deals and endorsements. Notably, he became the first billionaire among NBA stars, followed by LeBron James. However, a recent wealth update of the 6x NBA Championship left fans in awe. Following the update, the fans flooded the Twitter comments with praise.

Jordan shook the fashion industry with his iconic shoe range ‘Jordan’ partnered with the legendary sports brand Nike. Owing to MJ’s popularity, the Jordan shoes went on to become more of a fashion statement rather than a basketball shoe. Millions of fans across the globe have had their Jordan pairs. Ironically, Jordan shoes once revived Nike from the clutches of a shutdown.

The Michael Jordan wealth update baffles NBA Twitter 

A recent tweet from Front Office Sports revealed the astonishing figures of Michael Jordan’s contribution to Nike in the last five years. The tweet read, “Jordan Brand has earned Nike $19 billion over the last five years — or $10,000 every minute.”

For those unversed, Nike pays 5% of every Jordan product to MJ, per a Marçà article. However, following the tweet, the fans swarmed the comments with praising opinions.

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Many sporting stars launched their sporting brand association with leading companies, but no one could achieve Jordan’s feat. US sporting icons like Tom Brady, Tiger Woods, and LeBron James are often dragged for comparison to the net worth battle. Woods recently joined James and MJ in the Billionaire club. But Jordan is Jordan!

One user said, “I doubt that anyone will ever come close to this number in our lifetime other than a global soccer player. Not Tiger, TB12 or LeBron.” Following are some reactions from NBA Twitter.

Last year, the Jordan brand crossed $5 Billion in annual revenue for the first time.

Jordan revived Nike in the late 80s

In the late 80s, Nike struggled to sell shoes as brands like Reebok and Converse took the center stage in the shoe business. The declining business forced Nike to lay off its employees and saw its stock price drop by 50%. However, Nike signed a life-altering deal with Michael Jordan, who had just begun his career at the Bulls camp. Eventually, taking the company to new heights of success.

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What do you make of MJ’s new wealth update? Let us know in the comments below!