Jordan Brand Revenue Soars 31% to $4.7 Billion Nike’s Jordan Brand continues its hot streak with revenue up 31% for the fiscal year ended May 31 to $4.7 billion.
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How much money did Jordan Brand make in 2020?
Nike’s Growth Opportunities Through The Jordan Brand
Compared to 2020 (in which the revenue of the Jordan Brand was $3.609 billion), the revenue of the Jordan Brand increased by 31% in 2021. This data highlights that it was one of the major growth drivers for Nike when comparing fiscal year 2021 with fiscal year 2020.
How much money does Jordan shoes make a year?
According to Essentially Sports, Jordan gets 5% from each Air Jordan sale; this is how he has been able to make $150 million per year.
How much money does Nike make from Jordans?
That year alone, Nike earned 126 million dollars as a result of the deal, and they have continued to earn eye-watering sums ever since. At the end of 2019, it was estimated that the Nike Air Jordan brand was worth 3bn dollars, with ‘His Airness’ earning over 1.3bn of that sum.
How many Jordans sold 2021?
Nike’s revenue worldwide from 2016 to 2021, by product category (in million U.S. dollars)
| Characteristic | Sportswear | Jordan Brand |
|---|---|---|
| 2021 | 15,053 | 4,711 |
| 2020 | 12,285 | 3,609 |
| 2019 | 12,442 | 3,138 |
| 2018 | 10,720 | 2,856 |
How much does Michael Jordan make a year 2022?
Jordan, Sr., and Deloris Jordan. He is a retired Basketball player in America. He is counted as one of the best basketball players to ever played the game.
Michael Jordan Net Worth.
| Name | Michael Jordan |
|---|---|
| Net Worth (2022) | $3 Billion |
| Profession | Businessmen and Basketball |
| Monthly Income And Salary | $3 Million + |
| Yearly Income | $40 Million + |
How much does Michael Jordan make a year 2021?
Yet, Jordan showed that the path to the greatest riches was paved off the court. His seminal Nike partnership, with a base pay of $500,000 during his rookie year, will pay MJ an estimated $150 million in royalties in 2021, nearly two decades after he hung up his high tops for good.
Is Jordan still owned by Nike?
Ever since the initial release in 1984, the Air Jordan and its related products have expanded Nike’s domain and continues to define the modern basketball and sneaker culture we know today.
How much is Nike Jordan worth?
As of March 2021, according to Forbes, Michael Jordan’s net worth is estimated to be $1.6 billion.
What percentage of Nike does Michael Jordan own?
For a bit of perspective, the Jordan brand now makes up greater than 11% of Nike’s overall business. Nike rival Under Armour (UA) is expected to haul in $5.3 billion in sales for its current fiscal year — the Jordan brand alone is essentially one entire Under Armour.
How much did Jordan Brand make last year?
The Jordan Brand just crossed $5 billion in annual revenue for the first time. That means Michael Jordan made $150M+ from Nike last year alone—or nearly 2x his career NBA earnings.
How much would Michael Jordan make today?
He and his agent would likely negotiate an extension in the summer of 2018, when the cap is projected to settle in around $100 million. As a result, Jordan would be in line to earn $30 million in the first year of a five-year deal worth a whopping $174.25 million.
Who owns Nike Jordan?
Nike
Air Jordan
| The silhouette of Michael Jordan served as inspiration to create the “Jumpman” logo. | |
|---|---|
| Product type | Basketball Shoes, Clothing |
| Owner | Nike |
| Country | United States |
| Introduced | November 17, 1984 |
Which is the most sold Jordan?
The Air Jordan Bred 11s are the top-selling Jordans on Ebay, according to North American sales data from 2004 to 2020.
What is the top-selling Jordan?
What are the top-selling Jordans? The top-selling Jordans include the Air Jordan 1 ‘Black Toe’, the Air Jordan 1 ‘Chicago’, the Air Jordan 1 Retro High OG Bordeaux, and the Air Jordan Mid Bred 1, a mid-top in a black and red colorway, originally banned by the NBA.
Who is the richest NBA player?
Michael Jordan
According to Forbes, Michael Jordan is NBA’s richest player with a humongous net worth of US$1.7 billion. He earned US$90 million in salaries during his basketball career, but reportedly made US$1.8 billion (pre-tax) for endorsement deals from brands like Nike, Gatorade and Hanes.
Is Shaquille O’Neal a billionaire?
The “NBA on TNT” analyst thanked Durant for the compliment and clarified that he is not, in fact, a billionaire. Indeed, Shaq is not a billionaire.
Who owns the Jordan logo?
Nike
The “Jumpman” logo is owned by Nike to promote the Air Jordan brand of basketball sneakers and other sportswear. It is the silhouette of former Chicago Bulls NBA player and current Charlotte Hornets owner Michael Jordan.
Who is the richest athlete ever?
Michael Jordan
After playing a total of 15 seasons in the NBA, playing for both the Chicago Bulls and Washington Wizards, there’s no surprise that Michael Jordan is the richest athlete in the world.
Who is the highest-paid athlete ever?
The World’s 10 Highest-Paid Athletes for the Last Year, per…
- Lionel Messi, $130 million.
- LeBron James, $121.1 million.
- Cristiano Ronaldo, $115 million.
- Neymar, $95 million.
What athlete has made the most money?
Forbes’ highest-paid athletes
- Lionel Messi (soccer), $130 million.
- LeBron James (NBA), $121.2 million.
- Cristiano Ronaldo (soccer), $115 million.
- Neymar (soccer), $95 million.
- Stephen Curry (NBA), $92.8 million.
- Kevin Durant (NBA), $92.1 million.
- Roger Federer (tennis), $90.7 million.
- Canelo Alvarez (boxing), $90 million.