Just in case you were wondering how much does a billionaire make off endorsements, well you don’t have to wonder anymore. Michael Jordan’s adviser came on record to say it takes $10 million minimum to get Jordan out of his bed to make a business deal. For many professional athletes, that’s more than their annual salary.
Jordan makes nearly a half a billion dollars just form Nike. Consider his contract from 2k Sports an economical friendly deal. Jordan will no longer accept any endorsements under $10 million. Jordan’s ownership of the Charlotte Hornets helps push him over into the billionaire list. No other player can be as marketable as Jordan is today. His Jordan show brand is still one of the most popular shoes on the market. Jordan was great on the court, but he might be even greater off the court when it comes to making money.
