18-Year Old LeBron James Rejected $110 Million From Reebok And $70 Million From Adidas, And Signed A 7-Year, $90 Million Deal With Nike: “I’m A Nike Guy.” LeBron James is one of the biggest names on the planet. The King has been dominating the NBA for almost 20 years now and has been a superstar his entire career.
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How much do LeBron make off Nike?
For nearly the last two decades, not only has LeBron James been the face of the league, he has also been the face of Nike. After signing his $90 million rookie deal, The King resigned with Nike and reportedly earned as much as $30 million annually.
How much does LeBron James make on shoes?
LeBron James, on the other hand, signed with Nike in 2003, inking a seven-year deal worth $90 million. He then received an extension in 2010 before he and the athletic apparel giant agreed to a lifetime deal in 2015.
How much does Jordan make off his shoes?
Meanwhile, Jordan’s deal with Nike included a clause for royalties. 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.
Who sells more Jordans or LeBron?
But when it comes to sneakers, nobody comes close. Wholesale revenue at Nike’s Jordan Brand subsidiary hit $3.14 billion in the fiscal year ending May 2019, up 10% from 2018. MJ’s annual take is an estimated $130 million, four times more than that of James, the No. 2 earner, with $32 million.
Who has the most NBA shoe sales?
Below is a breakdown of the biggest signature shoe deals, as of 2021:
- Michael Jordan (Jordan): $150 million.
- LeBron James (Nike): $32 million.
- Kevin Durant (Nike): $28 million.
- Stephen Curry (Under Armor): $20 million.
- James Harden (Adidas): $14 million.
- Zion Williamson (Jordan): $12 million.
How much does Nike make from Jordan?
In 2021, the Jordan Brand generated a revenue of $4.711 billion. This means that in 2021, the Jordan Brand accounted for 13.17% of Nike’s wholesale revenues.
How much is Tiger Woods Nike contract?
Tiger Woods-Nike contract details
After the second deal, Nike and Woods agreed to an eight-year deal that was worth between $20 and $40 million per year, Forbes reported.
Who is Nike owned by?
4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.
Who is the richest basketball player?
Michael Jordan
Michael Jordan, 59 – US$1.7 billion
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.
How much does Shaq make a year?
Shaq earns 4x his average NBA salary since he retired from the league. He averaged $15M a year across his sensational career, but now reportedly makes over $60M annually.
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.
Is LeBron a billionaire?
LeBron James has officially become a billionaire, according to Forbes. This makes James the first active NBA player to reach the milestone, and the second NBA player to reach billionaire status, joining retired basketball star Michael Jordan.
How many shoes has Shaq sold?
120 million pairs
“Laugh all you want, the Shaq brand has sold over 120 million pairs of affordable shoes,” Shaq captioned a photo on Facebook. The shoes are being sold for as little as 12 dollars and 75 cents, while his Reebok Shaq Attack line sell for closer to 70 dollars.
How much does Nike pay Kyrie?
US$11 million per year
US sportswear giant Nike is unlikely to extend its signature shoe deal with National Basketball Association (NBA) ace Kyrie Irving beyond the 2022/23 season, according to ESPN. The Brooklyn Nets point guard was reported by Forbes in 2019 to earn in the region of US$11 million per year from his Nike partnership.
Who has the highest Nike contract?
Michael Jordan – Over $100 million per year with Nike
Universally hailed as the best basketball player who has ever lived, Michael Jordan is still the highest paid figure in sports through endorsements even though he is retired. He has signed deals with a long list of companies, but none come close to Nike.
Who has the biggest shoe deal?
#1 – Michael Jordan: $90-100 million/year, Jordan Brand – On the one hand, it’s kind of ridiculous that a player who’s been out of the league for 15 years is far and away the highest-paid athlete in the world when it comes to sneaker endorsements, but the Air Jordan line of basketball shoes is the whole reason players
How many shoes does Steph Curry sell?
Steph Curry Sells 3,000 Pairs of NFT Sneakers | Time.
How much does LeBron James make from sponsors?
As such, James earns an estimated $55 million annually from endorsements alone.
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.
What is Nike’s net worth?
As of 2022, the Nike brand was valued at more than 33 billion U.S. dollars, which is an increase of nearly three billion U.S. dollars from the previous year.