“I Almost Fainted”: Despite Having Left a 6′3″ 350lb Man Sweating Profusely, Michael Jordan at Age 21 Proved His Business Acumen With a Big Decision

Professional Athletes make a great deal of money in their careers. However, after retirement, many lose some of it and sometimes all of it. Regardless, that was not the case with NBA legend Michael Jordan. Jordan possessed some business intellect from a very young age and multiplied his finances by honing his business acumen throughout his NBA career.

Many people around Jordan never forecasted his corporate understanding and his business intellect except one. That one individual is none other than his long-time agent David Falk. In a recent interview with Slam magazine, David Falk recalled some old incidents, where he read the business acumen of the NBA legend. Falk also spoke about Jordan’s zeal to learn and understand the corporate business.

Michael Jordan stunned his agent with a poker face

Michael Jordan was fond of Adidas shoes. Back in 1984, When Jordan was drafted, David Falk went to Adidas to discuss Jordan’s desire to sign with them. However, Falk had some big plans for his client.  Falk believed in Michael Jordan, and he wanted the footwear company to start a separate line of shoes and clothing in the name of his client.

However, Adidas didn’t meet on the same terms as Falk.  This made Falk to look in other directions and he met Rob Strasser, who was the director of marketing at Nike.

Falk convinced Strasser that Jordan would take Nike to another level with his separate line of products. Michael never wanted to be a part of the meeting but with some convincing by his parents, Jordan met Rob Strasser. Strasser had a musical presentation featuring the song “Jump” but was struggling to play it. Jordan’s straight face panicked Strasser.

Michael made the 6’3, 350 pounds executive sweat heavily, and Strasser made a delay in his presentation, making the legend unhappy.

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Jordan saw the presentation and the idea of his new product line but never cracked a smile throughout, making Falk nervous. After the meeting, Jordan shocked his agent with his words. Jordan stated, “I don’t want to go anywhere else, and this is it!” after maintaining a poker face throughout the meeting.

David Falk became Jordan’s business mentor

The deal was made. The new product line was estimated to earn around $3 million in 2-3 years. However, in the first year of the product line, the company recorded sales of $126 million. The deal also introduced Falk to Jordan’s business intellect. Falk figured out his interest and instead of an agent he became a teacher and a mentor to Jordan. Falk taught Michael about the corporate business and also praised Jordan for his passion to garner more financial knowledge.

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Michael Jordan in his playing career earned around $94 million. However, with his learnings, Jordan converted the amount into $2 billion.

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