via Bloomberg on August 24, 2023
Michael Jordan is the richest basketball player ever with $3.5 billion fortune
By Amanda Albright and Devon Pendleton
Thilo Kunkel, director of Temple University’s Sport Industry Research Center, said there’s “wild speculation” about how much Jordan has earned from Nike. Typically, such deals feature royalties plus bonus-style payments when certain sales thresholds are met. “If it was its own brand, it ...